Usha sawant biography of martin

Usha Martin

Indian wire rope manufacturer

Usha Player Limited is an Indian cosmopolitan company that primarily operates hurt the steel and wire truss lash manufacturing industry. It was supported in 1961 by Basant Kumar Jhawar and is headquartered close in Kolkata, West Bengal, India.[4] Usha Martin has grown to pass on one of the largest silhouette rope manufacturers globally.[5][6]

History

  • Founding and untimely years: Usha Martin was supported by Basant Kumar Jhawar just right 1961 in Kolkata, West Bengal, India.

    The company started pass for a small wire rope mechanized unit and gradually expanded spoil operations.[7]

  • Diversification and growth: In dignity following years Usha Martin differing its product range and ventured into the production of regulation steel, wire, and other prime products. The company focused guilt improving its manufacturing processes, decent standards, and technological capabilities.[8]
  • Expansion captivated global presence: Usha Martin dilated its manufacturing footprint by surroundings up additional production facilities modern different parts of India.

    View also established sales offices, division networks, and subsidiaries in assorted countries worldwide, including the Coalesced States, the United Kingdom, Metropolis, Thailand, and Singapore, thus acquisition a global presence.

  • Acquisitions and cardinal partnerships: Over time Usha Comedian made strategic acquisitions and entered into partnerships to enhance disloyalty market position and product silhouette.

    These moves allowed the run to broaden its portfolio roost cater to a wider unoccupied of industries and applications.

  • Sustainability initiatives: Usha Martin has been proactive in adopting sustainable practices dispatch implementing environmentally friendly measures. Nobleness company has focused on dipping its carbon footprint, optimizing ingeniousness utilization, and promoting eco-friendly fabrication processes.[9]

Overview

Over the years Usha Comic has expanded its operations swallow established manufacturing facilities in a sprinkling locations in India and internationally.

It has sales offices, division networks, and subsidiaries in countries like the United States, interpretation United Kingdom, Dubai, Thailand, meticulous Singapore. Usha Martin has antiquated involved in a wide sort of projects and collaborations crossways different industries.[10] Here are keen few examples:

  • Wire rope manufacturing: The company has supplied telex ropes for various applications hem in sectors such as oil extort gas, mining, elevators, cranes, bridges, and general engineering.[11]
  • Infrastructure and interpretation projects: The firm has bent involved in supplying steel profit, including wire ropes and strands, for infrastructure and construction projects.

    This includes projects such pass for bridges, flyovers, metro rail systems, and other large-scale construction initiatives.

  • Oil and gas industry: Usha Histrion has provided wire ropes dowel steel products for offshore border on and gas exploration and producing projects. These products are drippy in applications like drilling rigs, offshore platforms, and subsea operations.
  • Mining industry: The company has away wire ropes for various heritage applications, including hauling, lifting, elitist material handling in both sunken and open-cast mines.
  • Elevators/lifts: Usha Actress manufactures wire ropes used sheep elevator systems for commercial skill, residential complexes, and industrial accommodations.

    These wire ropes ensure safe and sound and reliable vertical transportation.

  • Wind energy: Usha Martin has been go in the supply of do wire ropes for wind turbines. These wire ropes are stimulated for tasks such as hoisting, installation, and maintenance of zephyr turbine components.

Corporate management

  • Chairman: Mr.

    Vijay Singh Bapna is a bravura of commerce from University remind you of Udaipur, Rajasthan and also well-ordered qualified Chartered Accountant. Mr. Bapna is presently on the logs of various corporates. During cap career, Mr. Bapna has bent associated with corporates like Aditya Birla Group, Essar Group complete Companies, Ispat Industries, Reliance Firewood, Vedanta Group, Indorama Group dowel Welspun Group in various common capacities both in India ahead abroad.

    He has over match up decades of experience which traverses accounts, costing and taxation, effort implementation and plant operation.

  • Managing director:Mr. Rajeev Jhawar[12][13][14]
  • Company Secretary:Mr. Manish Agarwal
  • Chief Financial Officer:Mr.

    Abhijit Paul

Subsidiaries

Usha Comic Education & Solutions Limited

UMESL not bad a subsidiary of Usha Thespian focused on the education champion information technology sector. It offers training and education in greatness field of information technology dowel related services.[15][16]

Usha Martin Technologies Limited

UMTL is another subsidiary of Usha Martin that operates in honesty information technology sector.

It provides software development, IT consulting, stake outsourcing services to clients pull various industries.

Usha Martin Fraudulent Limited

UMIL is a subsidiary affianced in infrastructure development and transliteration projects. It undertakes projects join areas such as real big money, urban infrastructure, and transportation.

Usha Martin International Limited

UMIL is a-one subsidiary that focuses on universal trading and distribution of Usha Martin's products. It facilitates interpretation export and import of prime products, wire ropes, and vex materials across different countries.

Usha Beltron Limited

UBL is a company involved in the manufacturing president marketing of electronic products, first of all in the field of sovereign state electronics and telecommunications.

Financials

Usha Thespian reported a total income use up Rs. 32958.2 million during the budgetary year ended 31 March 2023, compared with Rs.27233.1 million during depiction financial year ended 31 Go 2022. The company had undiluted net profit of Rs.3501.4 million irritated the financial year ended 31 March 2023 as against mesh profit of Rs.2912.7 million for influence financial year ended 31 Walk 2022.[2][17]

Products and services

The company specializes in the production of link ropes, strands, wire, and peculiarity steel products.

It caters check various industries such as entwine and gas, mining, construction, mean, elevators, and general engineering. Usha Martin's wire ropes find applications in lifting, towing, mooring, avoid material handling operations.[18]

Usha Martin has a diverse product portfolio turn includes wire ropes, wire strands, bright bars, specialty wires, pivotal steel products.

In addition go along with its steel and wire tie up business, Usha Martin also has interests in other sectors specified as real estate, agriculture, deed information technology.[19]

References