Rajeev Jhawar - Usha Martin Limited is one of the world's leading manufacturers of wire rope. With over six decades of experience, Usha Martin have established themselves as a globally recognised multi-unit and multi-product organisation through consistent delivery of superior quality products and services. Rajeev Jhawar, the son of Brij Kishore Jhawar, is the managing director of Usha Martin Limited. He has been at the helm of the Usha Martin Group for three decades. Rajeev Jhawar led Usha Martin currently focuses on building pathways to sustainable growth.
Rajeev Jhawar is the son of Brij Kishore Jhawar, one of the two factions of the Jhawar family, who owns Usha Martin Limited. He has been the Managing Director at Usha Martin Limited since May 19, 2008. He is the Director of Neutral Publishing House Ltd. He graduated from London Business School and completed Management Development Course at the University of Pennsylvania. Rajeev Jhawar received his undergraduate degree from St. Xavier's College. Rajeev Jhawar has been Vice Chairman of Usha Martin Education & Solutions Limited since September 2010.
Over the last 60 years, Usha Martin Limited have been able to establish themselves as one of the world's leading manufacturers of wire rope. Their multi-units and diversified portfolio of products, coupled with superior quality products and services have enabled them to emerge as a globally trusted brand. Rajeev Jhawar led Usha Martin currently focuses on building pathways to sustainable growth. In order to continue to be sustainable, resilient and future ready, Usha Martin is preparing plans for augmenting capacity and capability building. There is focused effort for planned capability building by adding new machines for producing high end ropes and value-added products.
Post divestment of its Steel Business Undertaking, Usha Martin has improved with renewed vigor with its focus on capability building, debottlenecking of constraints and increase in productivity of key products to remain agile and competitive. Rajeev Jhawar has also cautioned all to remain agile and responsive to the changing market needs and focus on increasing market share in high contributory products. Rajeev is bullish about the segment and expects oil & gas, ports and shipping to be the growth drivers. On a consolidated basis, 35-40 per cent of Usha Martin's revenue is from exports to Europe, South East Asia, the US and the Scandinavian countries.
Further, the plans for addition of capacity would focus mainly upon debottlenecking constraint areas and increase productivity of key products. With these plans in hand, Rajeev Jhawar and Usha Martin remains confident of making deeper inroads into international markets with high contributory products. It is also expected that with steady infrastructure spending by the Indian government, specialty products used in construction and infrastructural sector may become one of the key growth drivers for the company in the future years. The future outlook is expected to be a mixed bag of both opportunities and challenges with the key being the company's adaptability and proactive adjustments to an ever-changing macro-economic environment, Rajeev Jhawar hopes.
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Usha Martin, Working Towards Strengthening its Rope Business Rajeev Jhawar
Non-FictionUsha Martin Rajeev Jhawar Limited is one of the world's leading manufacturers of wire rope. Rajeev Jhawar, the son of Brij Kishore Jhawar, is the managing director of Usha Martin Limited. He has been at the helm of the Usha Martin Group for three de...
