Summary
Mukand Limited (formerly Mukand Iron & Steel Works Limited) is an India-based manufacturer of stainless steel, alloy steel, and stainless steel billets, and is an exporter of hot rolled bars.[3] The company manufactures iron and steel products, steel castings, steel structurals, Electrical Overhead Travelling (EOT) and other cranes, and other industrial machinery. Mukand Ltd is part of the Bajaj Groups of companies. It makes India's largest gantry crane, with an 80-tonne capacity and 60-metre span, with monobox girder and underslung trolley.[4]
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| Mukand | |
| Formerly | Mukand Iron & Steel Works Limited (1937–1989) |
| Company type | Public |
| BSE: 500460 NSE: MUKANDLTD | |
| Industry | Steel |
| Founded | 1929 in Lahore |
| Founder | Seth Mukand Lal |
| Headquarters | , |
Key people | Mr Niraj Bajaj, Chairman & MD[2] |
| Revenue | ₹3,129 crore (US$390 million) |
Number of employees | 2400 |
| Parent | Bajaj Group |
| Website | Official Website |
History edit
Mukand was established in 1929 in Lahore by Seth Mukand Lal. It was later acquired by Bajaj and moved to Mumbai in 1937. A steel plant at Kalwa, Thane commenced operations in 1965. It was renamed to Mukand Ltd from Mukand Iron & Steel Works Limited on 23 March 1989.[5]
It also operates a steel plant in Ginigera of Hospet district in collaboration with Kalyani Steel known as Hospet Steel Ltd.
References edit
- ^ "Contact Us". Mukand.com. Archived from the original on 22 March 2006. Retrieved 7 January 2011.
- ^ "Bajaj family to hike stake in holding co - Home". Livemint.com. 12 March 2010. Retrieved 7 January 2011.
- ^ "Mukand to sell Kalwa unit land, use internal accruals to halve debt". The Hindu Business Line. 3 November 2009. Retrieved 7 January 2011.
- ^ ":: Welcome to Mukand Ltd :: India Based Manufacturer of Stainless Steel, India Based Manufacturer of Alloy Steel, Stainless Steel Billets, Exporter of Hot Rolled Bars, Exporter of Alloy Steel Billets, Manufacturers of Special Steel Wire Rods, Manufacturers of Bright Bars, India Based Manufacturer of Bars, Heavy Steel Castings, Exporters of Heavy Steel Castings, Manufacturers of Heavy Steel Castings, Exporters of Blooms, Exporters of Hot Rolled Bars, Exporter of Special Steel Billets, Exporter of Stainless Steel Billets, Manufacturers of Special Steel Wire Rods India, Manufacturers of Bright Bars India, Manufacturer of Bars India, Manufacturers of Heavy Steel Castings India". Archived from the original on 20 January 2011. Retrieved 7 January 2011.
- ^ "MUKANDLTD History | Mukand Ltd Company History & Profile". Economictimes.indiatimes.com. Retrieved 7 January 2011.