Sentiment vs Sustainability: Why Some PSUs Must Be Closed to Move Forward? There are many PSUs in Kerala that have multiple business verticals. There are also several units located in different places of the same organisation that carry out the same work or manufacture similar products. Should this not be reviewed through a professional lens—by rationalising operations, cutting down surplus units, closing non-profitable product lines, and shutting down units that are no longer relevant? Travancore Cements Limited (TCL) Travancore Cements Limited was established in 1946 for the manufacture of grey cement. Later, it switched to white cement production by tapping the abundant basic raw material, lime shell, available in the Vembanad Lake. However, after dredging and extraction of this raw material were banned in Vembanad Lake, the organisation has been struggling severely to survive. This is mainly because: The product has limited demand in the market. The cost structure makes it dif...