Usha Martin's operations boosted by Rajeev Jhawar: The company is all ready to push the limits of new product development

Usha Martin Limited was founded in 1986 as Usha Beltron Ltd. The business had experienced rapid expansion under Rajeev Jhawar’s Usha Martin leadership from the start and had been gracefully moving up the ladder in recent years. Rajeev Jhawar serves as Usha Martin Ltd.’s managing director and executive director as well as the GJ Steel Public Co., Ltd. and G Steel Public Co. Ltd.’s chief financial and compliance officer. He also sits on the boards of 17 other companies in addition to being a member of the Institute of Chartered Accountants of India and the Institute of Cost and Works Accountants of India.

Rajeev Jhawar has previously held the positions of Managing Director at Usha Martin Industries Ltd., Director-Finance & Commercial at SBQ Steels Ltd., and Director-Finance & Commercial at Tropical Agrosystem India Ltd. Rajeev Jhawar earned degrees from London Business School and St. Xavier’s College. UML produced the very first wire rope in 1962. It received a more than 300 percent oversubscription for its public offering in 1961. Usha Martin Limited paid out its first dividend in 1963, and in just two and a half years, it tripled production from 3,600 tonnes to 7,200 tonnes.

Following the termination of its steel business venture, Usha Martin has refocused on capability growth, removing barriers, and boosting core product productivity in order to maintain flexibility and competitiveness. Rajeev Jhawar and Usha Martin are formulating plans for capacity and competency growth in order to be sustainable, resilient, and future-ready.

One of the biggest producers of wire ropes in the world, Usha Martin Limited, rose to prominence swiftly. They have manufacturing facilities for wire rope in Ranchi, Hoshiarpur, Dubai, Bangkok, and the UK. One of the broadest selections of wire ropes in the world is produced by Usha Martin. In India and other countries, Usha Martin Limited and its affiliates produce and market wires, wire ropes, and strands.