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Business Economy


Kamdhenu Ltd doubles in-house steel TMT capacity

Kolkata, Apr 5 (UNI) Kamdhenu Limited,one of the largest manufacturers and sellers of branded TMT Bars, has enhanced production capacity of its Bhiwadi plant in Rajasthan to 156,000 MT per annum.
With this expansion from 72,000 MT to 156,000 MT per annum, the current installed capacity of the company, which also include manufacturing capacities of the franchises, has increased to 34 lakhs MT per annum, the company said in an emailed statement to UNI here today.
Speaking on the development, Mr Satish Agarwal, CMD, said, “Steel TMT Bars and Structural Steel are critical ingredients for real estate and construction industry. Due to rapid economic growth, the overall demand for building materials is increasing in India. For this reason, we decided to invest and grow the capacity at our existing Bhiwadi plant. Kamdhenu is always seeking opportunities to better meet its customers' needs regionally and provide high-quality products and solutions. This expansion is yet another example of how Kamdhenu puts customers first."
Kamdhenu Limited is also working towards doubling its total TMT Bar production capacity from 25 lakh metric tonnes to 50 lakh metric tonnes with an investment of around Rs 800 crore by its franchisee units. Towards this, the company has already enhanced total production capacity by 30 percent in FY19 from 25 lakh metric ton (TMT) bars to 32.50 lakh metric tonne.
Kamdhenu Limited pioneered unique franchise business model to bring more transparency and dynamism to the operations of the company. Under this model, it provides technology support, ensures quality steadiness besides providing exclusive retail marketing network of 6500 dealers and distributors and branding support to franchise associates. It now has more than 75 franchise units scattered across the country offering the finest class products at most cost effective prices.
UNI PL RN
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