MIL
firmly believes
in the dictum
'the greater
the efficiency
the greater
the productivity'.
It is in
conformity
with this
belief that
it has over
the years
practiced
a culture
of prudent
asset protection,
refurbishment
and maintenance
as this
helps achieve
higher degree
of efficiency
in manufacturing
operations.
The benefits
of focusing
on the aspect
of efficiency
accruing
to the Company
have been
listed below.
MIL
reported
a capacity
utilization
in excess
of ----
% during
2005-06
It
has
noted
with
satisfaction
that
its
average
capacity
utilization
over
the
last
three
years
has
been
------%.