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Indian Metallurgical Industry Great Long Term.. - Metalworld.co.in

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Face-to-Face<br />

<strong>Indian</strong> <strong>Metallurgical</strong> <strong>Industry</strong><br />

<strong>Great</strong> <strong>Long</strong> <strong>Term</strong> Growth Potential<br />

12<br />

May 2013<br />

- S. B. MISRA<br />

Manag<strong>in</strong>g Director<br />

M<strong>in</strong>ex <strong>Metallurgical</strong> Company Ltd<br />

About M<strong>in</strong>ex<br />

Pioneer<strong>in</strong>g Total Alloy<strong>in</strong>g Solutions<br />

<strong>in</strong>ex has been at the helm of the alloy<strong>in</strong>g<br />

M<strong>in</strong>dustry, provid<strong>in</strong>g total alloy<strong>in</strong>g solutions to the<br />

Iron & Steel, Alum<strong>in</strong>ium, Weld<strong>in</strong>g and other non-ferrous<br />

<strong>in</strong>dustries. Their state-of-the-art technology <strong>in</strong> the field of<br />

speciality alloys, <strong>co</strong>red wire and wire <strong>in</strong>jection systems<br />

provided are a benchmark for the <strong>in</strong>dustry. Here is why<br />

M<strong>in</strong>ex is a lead<strong>in</strong>g alloy<strong>in</strong>g solutions <strong>co</strong>mpany today.<br />

Cont<strong>in</strong>uous <strong>in</strong>novation, susta<strong>in</strong>ed by the dedication of its<br />

employees, <strong>co</strong>upled with a judicial use of technology has<br />

ensured that M<strong>in</strong>ex <strong>co</strong>nt<strong>in</strong>ues to be a leader <strong>in</strong> the markets<br />

it has chosen to be <strong>in</strong>.<br />

Most of their products have been <strong>in</strong>troduced <strong>in</strong> India<br />

for the first time with advanced technical know-how.<br />

In<strong>co</strong>rporated <strong>in</strong> 1984, today this organization <strong>co</strong>vers a<br />

large clientele across India and an export network to over<br />

12 <strong>co</strong>untries. They have three manufactur<strong>in</strong>g units <strong>in</strong><br />

Central India situated near the city of Nagpur. All these<br />

manufactur<strong>in</strong>g is backed by a Quality Management<br />

Systems certified to<br />

ISO 9001:2008<br />

standards.<br />

India's foremost<br />

Speciality Alloys<br />

<strong>co</strong>mpany<br />

Committed to<br />

the Customer's need<br />

Sales and Service network all over the <strong>co</strong>untry<br />

Pioneer <strong>in</strong> ‘Cored Wire Injection System’ technology<br />

<strong>in</strong> India, support<strong>in</strong>g over 95% of the <strong>in</strong>stallations <strong>in</strong> the<br />

<strong>Indian</strong> Sub<strong>co</strong>nt<strong>in</strong>ent s<strong>in</strong>ce 1987<br />

Sourc<strong>in</strong>g of superior raw materials from around the<br />

world<br />

Adherence to strict quality <strong>co</strong>ntrol dur<strong>in</strong>g production<br />

Emphasis on superior packag<strong>in</strong>g processes and<br />

quality driven technical services to the customer<br />

Their dom<strong>in</strong>ation of the <strong>Indian</strong> market has now<br />

propelled them to go Global and they now deliver their<br />

products to several customers <strong>in</strong> the <strong>in</strong>ternational market.<br />

M<strong>in</strong>ex, 32 years old organization and is Grow<strong>in</strong>g at<br />

21% <strong>in</strong> last 3 years and our next 3 years plan is to ma<strong>in</strong>ta<strong>in</strong><br />

this despite current E<strong>co</strong>nomic scenario says S. B. Misra,<br />

Manag<strong>in</strong>g Director, M<strong>in</strong>ex <strong>Metallurgical</strong> Company Ltd. <strong>in</strong><br />

an exclusive <strong>in</strong>terview with <strong>Metalworld</strong>. Excerpts:


Face-to-Face<br />

How do you see the present status of<br />

the <strong>Metallurgical</strong> <strong>in</strong>dustry of the<br />

<strong>co</strong>untry describ<strong>in</strong>g the long term as<br />

well as the short term prospects ?<br />

- We see great potential for long term<br />

growth of <strong>Metallurgical</strong> <strong>Industry</strong><br />

<strong>co</strong>nsider<strong>in</strong>g the resources, demand and<br />

technological ability.<br />

However our short term situation is<br />

bit distorted as we are <strong>in</strong> the midst of<br />

e<strong>co</strong>nomic slow down and there is no<br />

s t r o n g s i g n o f i m p r o v e m e n t<br />

immediately due several structural<br />

imbalance and lack of government<br />

action <strong>in</strong> accelerat<strong>in</strong>g growth, revive<br />

the stalled projects.<br />

What are the products offered by<br />

your <strong>co</strong>mpany <strong>in</strong> the <strong>in</strong>dustry ?<br />

- We offer Products , equipment<br />

and technology for alloy<strong>in</strong>g solution <strong>in</strong><br />

the field of for Melt treatment for Steel,<br />

Foundry, Alum<strong>in</strong>ium <strong>in</strong>dustry and other<br />

speciality <strong>Metallurgical</strong> products.<br />

Tell us someth<strong>in</strong>g about your growth<br />

Plans.<br />

- M<strong>in</strong>ex 32 years old organization<br />

and is Grow<strong>in</strong>g at 21 % <strong>in</strong> last 3 years<br />

and our next 3 years plan is to ma<strong>in</strong>ta<strong>in</strong><br />

this despite current E<strong>co</strong>nomic<br />

scenario. We have 3 dedicated<br />

manufactur<strong>in</strong>g unit <strong>in</strong> Central India ,<br />

and <strong>in</strong> the process iof sett<strong>in</strong>g up the<br />

fourth one <strong>in</strong> current year. we are<br />

export<strong>in</strong>g around 25 % of our product<br />

which we would like to ma<strong>in</strong>ta<strong>in</strong>, we are<br />

mov<strong>in</strong>g towards more susta<strong>in</strong>able<br />

growth plan, We have <strong>in</strong>troduced<br />

<strong>in</strong>tegrated management system (ISO<br />

9000, 1400, 1800) <strong>in</strong> all our operat<strong>in</strong>g<br />

location, Have Enhanced Activity OF<br />

R+D <strong>in</strong> new products with higher<br />

velocity We plan to strengthen our<br />

<strong>co</strong>mmitment to susta<strong>in</strong>able growth and<br />

like to be Most Respectable<br />

organization <strong>in</strong> the doma<strong>in</strong> we operate.<br />

14<br />

May 2013

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