COMPANY OF THE MONTH UTKARSH A Diversified Infrastructure Conglomerate Utkarsh Bansal Director 16 DECEMBER 2018
Utkarsh India Limited is a label <strong>in</strong> the <strong>in</strong>frastructure doma<strong>in</strong>. This 30-year old conglomerate is uniquely poised atta<strong>in</strong><strong>in</strong>g leadership <strong>in</strong> every area of their operation. They are driv<strong>in</strong>g the growth <strong>in</strong> Steel Tubes, PVC Pipes, HDPE Pipes, Railway electrification, Poles, Towers and Crash barriers. Constant evolution and <strong>in</strong>novation are the pillars of their susta<strong>in</strong>ability <strong>in</strong> the ever-grow<strong>in</strong>g, competitive Indian <strong>in</strong>frastructure sector. Infrastructure is the backbone of any grow<strong>in</strong>g economy, and the same holds true for India, as well. There were many names and groups that formed, but a few survived <strong>in</strong> this competitive sector. Utkarsh, however, not only survived but also became a label <strong>in</strong> the <strong>in</strong>frastructure doma<strong>in</strong>. The focus on <strong>in</strong>novation and expansion along with the commitment to quality and excellence helped them achieve this milestone <strong>in</strong> such a short span of time. The Driv<strong>in</strong>g Force, The Guid<strong>in</strong>g Light Beh<strong>in</strong>d Utkarsh Propell<strong>in</strong>g the advancement of Utkarsh India Limited is the organisation’s vision and its dynamic, strategic plann<strong>in</strong>g. The ISO 9001:2015 certified responsive manufactur<strong>in</strong>g conglomerate believes <strong>in</strong> “Life Demands, We Deliver” ideology. In this ever-chang<strong>in</strong>g, fast-paced culture, the philosophy of cont<strong>in</strong>ually updat<strong>in</strong>g its methodology, technique, and products is help<strong>in</strong>g them stay <strong>in</strong> demand. With new age technology and customer-driven approach, Utkarsh India Limited cont<strong>in</strong>ues to remodel and re<strong>in</strong>vent itself. This approach, <strong>in</strong> particular, is the driv<strong>in</strong>g force beh<strong>in</strong>d their growth. The Vertical, The Horizontal Successful Foray of Utkarsh It all started three decades ago when the present day Utkarsh India Limited was christened as Utkarsh Tubes and Pipes Limited. Embark<strong>in</strong>g their journey with the production of MS and GI ERW pipes <strong>in</strong> 1987, the manufactur<strong>in</strong>g roots of Utkarsh are traced back more than 30 years ago. With an overwhelm<strong>in</strong>g market response, there was no look<strong>in</strong>g back for Utkarsh India Limited. Year after year, decade after decade the company cont<strong>in</strong>ued to grow and expand. In 2001, they became the first BIS License holder of IS: 2713 <strong>in</strong> Eastern India and first ISO: 9001 company as the pole manufacturer <strong>in</strong> India. After that <strong>in</strong> 2003, the company ventured <strong>in</strong>to PVC pipes and fitt<strong>in</strong>gs manufactur<strong>in</strong>g, followed by production of Octagonal Poles and High Masts the follow<strong>in</strong>g year. In 2006, it expanded its foray <strong>in</strong>to the telecom vertical commenc<strong>in</strong>g the production of Telecom Towers, Transmission l<strong>in</strong>e Towers, and Substation Structures. After stabilis<strong>in</strong>g themselves <strong>in</strong> the new areas of operations, they took another gigantic step <strong>in</strong> 2011 by start<strong>in</strong>g the production of CORE approved Railway Electrification Structures for OHE and TSS. Two years down the l<strong>in</strong>e <strong>in</strong> 2013, the Power Grid Corporation of India Limited approved the supply of Transmission L<strong>in</strong>e Towers and Substation Structures. Then the year 2014 will rema<strong>in</strong> special and memorable for the organization as they launched a world-class manufactur<strong>in</strong>g facility at Gurap plant. The use of state-of-the-art facilities and the latest automation makes this facility unique. In 2015, they also started “W-beam” and “Thrie-beam” Crash Barriers production. With the considerable growth and substantial expansion, the company rechristened from “Utkarsh Tubes and Pipes Limited” to “Utkarsh India Limited” <strong>in</strong> 2017. From be<strong>in</strong>g a pipe manufacturer, they became the leader of various <strong>in</strong>frastructural products, ga<strong>in</strong><strong>in</strong>g a Contribut<strong>in</strong>g significantly <strong>in</strong> the development of better and robust <strong>in</strong>frastructure, and carv<strong>in</strong>g India's new image on the “global foyer ” name <strong>in</strong> the <strong>in</strong>dustry as a critical player and sett<strong>in</strong>g their forte <strong>in</strong> several new arenas. Innovative & Value-Based Product L<strong>in</strong>e for New Age India by Utkarsh The revenue of Utkarsh India Limited is reach<strong>in</strong>g <strong>10</strong>00 crores <strong>in</strong> a span of <strong>10</strong> years. This formidable growth attributes to their <strong>in</strong>novative product l<strong>in</strong>e, customer-centric approach, and evolv<strong>in</strong>g technology. Almost every year <strong>in</strong> the last two decades, the company is expand<strong>in</strong>g and launch<strong>in</strong>g new value-based products. Their <strong>in</strong>novative launches contribute significantly <strong>in</strong> the development of better and robust <strong>in</strong>frastructure, carv<strong>in</strong>g India’s new image on the global foyer. They are facilitat<strong>in</strong>g power transmission, its distribution, and rural electrification. In their endeavour to provide well-lit streets and roads, the range of Polygonal Poles and Light<strong>in</strong>g Masts is commendable. Likewise, for road safety, Utkarsh is striv<strong>in</strong>g for Crash Barriers par excellence. To set new benchmarks is <strong>in</strong>fused <strong>in</strong> everyone at Utkarsh. While their growth story mentioned above clearly implies it, their annual production capacity across the seven verticals and yearly <strong>in</strong>creas<strong>in</strong>g turnover are further re<strong>in</strong>forc<strong>in</strong>g it. The annual gross turnover of the company reached INR 850 crore <strong>in</strong> 2017-18 and below is a snippet of their sectoral performance. DECEMBER 2018 17