Activity-Based Costing at Castrol India Limited
Management And Labour Studies, Vol. 29, No. 3, pp. 225-237, August 2004
Posted: 13 Nov 2004
Difficult time has its own merits. This is as much true for an individual as much it is for an organization. During this time the entire organization gets an opportunity to display its resilience through its innovative skills and creative abilities which otherwise would decay in dark anonymity in the brightness of prosperity. CIL has passed through the 'survival phase', 'chasing capacity and chasing growth phase', and 'cost effectiveness phases' during the last one and a half decade. Further, British Petroleum (BP) acquired 71% equity stake in CIL in March 2000. The cost management systems of CIL have undergone a sea change during this period.
Keywords: Activity-Based Costing, Management Case, Castrol India
JEL Classification: M41
Suggested Citation: Suggested Citation