Yes you are not wrong the challenges you mention have been a part of history for the last several years. Globalisation they call it. HIL first attempt at overcoming these challenges I would say was when they decided to move out of manufacturing and steel. This has eventually led over a long period to this disaster by strategic errors. They right royally worked their way into this corner by themselves, by finishing in what I would call a niche market. Yes many others have gone the same way, trying to overcome cheap imports etc. many failed as you say so now have HIL succumbed to external forces which I would suggest were not handled well.
Too late now.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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