Name:
Usha Martin Ltd
Main Customer:
Whole Seller
Owner Name:
Mr. Prashant Jhawar
Area of Work:
The Company makes alloy steel
long products like wire rods, bars, blooms and bright bars mostly for
commercial vehicles and tractors. It also manufactures high carbon wire
rods for captive consumption in its WWR business. Its WWR division
manufactures wire, strands, LRPC and wire ropes of various varieties which have various industrial uses.
Vision:
To be the global leader of the wire rope industry by delivering customer delight, adopting modern technology and ensuring sustainable, inclusive growth for all of its stakeholders.
Mandate:
For Usha Martin, CSR is the commitment of its businesses to contribute to sustainable economic development by working with civil society organizations, local community and society at large to improve their lives in ways that are good for business and development. Thus, implicit in
Usha Martins understanding of CSR is the recognition of the importance
of sustainable behavior where it consistently operates in a manner that
increases the social impact to society and stakeholders concerned, and at
the same time adheres to the CSR mandate as contained in the Act.
Summary of Activities:
During 2017-18 the Company generated 10.77% of its revenue from exports as compared to about 9.02% last year. Similarly Steel contributed 63.35% of the revenue during 2017-18 as compared to 62.48% during 2016-17.
Companys steel business is heavily dependent upon commercial vehicles and tractor industry fortunes, being the largest consumer of the steel products made by the Company. WWR business on the other hand has a much diversified end use and is therefore relatively resilient to the cyclical gyrations.
Corporate Social Responsibility (CSR)
:
| S.No. |
Year
|
Net Profit
|
CSR Budget
|
CSR Expenditure
|
Areas of Expenditure
|
Details
|
|
|
Product(s) :
| S.No. |
Title |
Quantity |
Details |
|
|
| 1 |
WIRE ROPE |
259,320 MT | The ropes manufactured by Usha Martin are today serving some of the most critical applications across diversified industrial segments. These wire rope products have promptly delighted its users for its high quality and long life.Some of the wire rope manufactured by Usha Martin include
1. Oil & Offshore rope
2. Crane Rope
3. Mining Rope
4. Elevator Rope
5. Fishing Rope
6. Aerial Rope
7. Structural System
8. Conveyor Cord
9. General Engineering Rope |
R&D Plan(s)
:
| S.No. |
Year |
Budget |
Need |
Plan |
Details |
|
|
| 1 |
2018 |
NA | Process/Know-How | NA | Usha Martin has been at forefront to find innovative solutions for industry-wide problems. This is reflected in the passion of our Research & Development team which works closely with the users and continues to challenge the limits of technical possibilities.The research and development facilities of the company continue to bring out products which cater to the ever evolving needs of its users.
|
Report(s) :
| S.No. |
Year |
Type |
Title |
Link |
Detail |
|
|
| 1 |
2018 |
Annual Report | Annual Report | Download | Annual Report
|
Document(s) :
| S.No. |
Year |
Link |
Detail |
|
|
| 1 |
Annual Report | Download | Annual Report
|
Address(es) :
| S.No. |
Primary/ Alternate Email
|
Mobile/ Phone |
City/ State/ Country |
Detail |
|
|
| 1 |
investor@ushamartin.co.in / east@ushamartin.com | / | Kolkata/ West Bengal / India | 2A, Shakespeare Sarani
Kolkata – 700 071, India |
