Our Evolution
IndianMetals.com is India's first and leading portal website serving
the Metal, Steel, Ferro Alloy, Minerals, Recycling & Commodities
Industries
since 1997. Having started as a venture to spread Internet awareness
amongst ALL Indian Metal & Steel companies and to inform them
about the
oportunity that Internet has opened up for them & to help companies,
both big and small, to explore Global Markets for expanding their
businesses and for promoting Trade and Information exchange related
to
the industry, the site recevied tremendous response from world over
within a few months of its launch. Within a year the site had received
visitors from over 200 countries. Since 1997 IndianMetals.com has
grown
tremendously without any help of sponsors or funding from venture
capitalists or Investors involvement.
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Screen shots of the site as it evolved through the years... |
Since
most of the services offered by the site were free mainly
because of the philosophy of the visionary promotors, IndianMetals.com
provided Basic Local & International News as well as Prices &
other information via the site but was unable to provide a few very
important services that it intended to provide for the Metal
& Steel community because of the Huge funds requirement & Royalties
demanded by service providers, and lack of support from the Metal &
Steel Industry members in 1997-8 when most people lacked basic Internet
connectivity let alone email. As initial investment was required mainly
for technology & information providers, the site had indeed turned
out to be an expensive hobby for the promoters, which they neither let
go nor expanded to the level of their expectations mainly because of lack
of knowledge about Internet benefits for the Industry and thereby our
country. Just when the promoters were looking for a way to make the Metal
/ Steel Industry Internet Aware, the sudden E-Commerce bug hit the Metal
& Steel Industry in the year 2000. Every second page in International
Trade Magazines were plastered with new E-Comm websites. Having known
the pulse & psychology of Internet Metal, Steel community for 3 years,
IndianMetals.com decided to go into hibernation & postpone their plans
till the bubble burst.
During that period, the promoters were approached by a leading
Bank for
providing E-Commerce Gateway around mid 2000, which was turned down
by
them, because unlike the masses our promoters firmly beleived that
such
E-Commerce transactions were not for this Industry and sites like
this
could never really so called eliminate the middle men whilst they
themselves "ate" the commission by terming it service
charges. Whilst
many Indian Steel Mills and Other Institutional investors joined
the
E-Commerce Band wagon, IndianMetals.com promoters were also approached
by an American Venuture Capital company through their Indian office
in
2000 who were again turned down by the promotors because they were
very
clear that by making false revenue module projections for starting
E-Commerce projects in this Industry, it would be impossible to
recover
the costs put in especially when most Indian E-Commerce company
professionals expected to earn USD salaries whilst working from
their
homes developing sites that too with a short term vision or perhaps
not
having longer foresight!
Finally the bubble burst as our promoters expected & it was
time to wake
up again and continue along the mission which IndianMetals.com was
started in the first place. Looking at the brighter side of things,
thanks to the E-commerce "bug" Internet awareness was
luckily spread
amongst the Metal & Steel community not just in India but world
over,
thanks to the huge amounts of costs incurred in conducting conferences
and website development etc etc.
The new Avataar of IndianMetals.com will now being revealed step
by step.....
In the Press
In the mean time long before the glossy ads of E-Comm websites
were pasted all over Trade Magazines, IndianMetals.com was reviewed
by an International Trade Magazine based in Netherlands in 1999,
and the UK-based Metal Industry and Web expert who reviewd the site
was quick to point out in his concluding statement that "A
SITE OF THIS QUALITY DESERVES A SPONSOR WITH A REFINED APPROACH".
IndianMetals.com was also surprisingly spotted by PC WORLD magazine
and
a site review appeared in their issue under INDIA's TOP 100 websites
in
1999 May. Web Vision, a publication from the Indian Express Group
had a
cover page story in their publication in March 1998. Without having
spent any effort in Marketing the site to the International &
Indian
MEDIA IndianMetals.com was lucky to get this publicity. One of our
well
wishers from United States of America also emailed us an article
about
our site that appeared in the popular American Metal industry Portal,
American Metal Mart.
Our Investors
IndianMetals.com is currently inviting Institutional Sponsorships
from
Related Industry Stalwarts who understand the implications of how
Technology can help boost Trade between India and the world both
in
terms of Import & Export. Our team of experts, both Technology
pundits
as well as Industry Gurus have complete confidence in ensuring that
IndianMetals.com will pave the way to provide valuable & critical
information into the Hands of every Techno savvy Industrialist or
enthusiast without them having to venture out to connect to the
net!
We would also welcome Personalities & Dignitaries from Indian
Metal,
Steel, Mineral, Ferro-Alloy, Mining, & Commodity Industries
including
NRI's to be on our Board of Advisors, so that they can help us in
focussing attention in facilitating Trade & Commerce, including
setting
up of Manufacturing Units and Technology Transfers between countries
for
improving India Industry Infrastructure and making it a Global force
to
recon with. We hope you will join us in this OPEN WEB BASED MISSION.
Corporate Head Office
IndianMetals.com currently operates from Mumbai, India's
Commercial Hub and intends to set up operational tieups with companies
all over India in order to help increase its user database of Metal, Steel,
Mineral, Commodity and Recycling companies so that all companies can use
IndianMetals.com to make it their Gateway to the World Industries.
Related Links :
• Meet
the Team ...
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