Rajeev Jhawar Focuses on Expanding Usha Martin's Market Reach for Profit
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Ongoing, First published Sep 02, 2023
Founded in 1986 as Usha Beltron Ltd, Usha Martin, led by Rajeev Jhawar, saw rapid expansion. Jhawar serves as MD and Executive Director and holds key roles in other firms. With a London Business School degree, he's an accomplished leader. UML made its first wire rope in 1962 and had a 300% oversubscribed IPO in 1961. They paid their first dividend in 1963 and tripled production in just 2.5 years. After exiting the steel business, Usha Martin is focused on growth and competitiveness. They are planning for sustainable growth, with manufacturing facilities worldwide. Usha Martin produces a wide range of wire ropes, wires, and strands in India and abroad.
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