GMT Industries Targets INR 500 Crore Revenue with New Palwal Plant Expansion

In an exclusive interview with Tube & Pipe India, Mr. Neeraj Dubey, Managing Director of GMT Industries Limited, shares insights into the company’s strategic expansion at its new Palwal facility. With advanced technologies like DFT and large-diameter tube mills, GMT Industries aims to significantly boost capacity and efficiency. The company is targeting a revenue increase from INR 250 crore in year one to INR 500 crore by year three, marking a bold step in its growth journey.

GMT Industries
Mr. Neeraj Dubey, Managing Director of GMT Industries Limited

Tube & Pipe India: Please give a brief overview of the company and your core mission?

Neeraj Dubey: GMT Industries Limited is a renowned Indian manufacturer and exporter of high-quality MS & SS ERW tube mills and finishing line equipment. With a strong focus on precision engineering, technological leadership, and customer satisfaction, GMT Industries Limited provides turnkey solutions for various industries worldwide. The company is committed to delivering advanced equipment that gives its customers a competitive edge in their respective markets.

TPI: Kindly walk us through your business journey, highlighting major milestones and crucial achievements.

ND: GMT Industries was established in 2008. For the past 16 years, the company has been servicing the needs of both national and international manufacturers by designing and commissioning turnkey projects throughout the globe. In terms of quality, delivery and volume, GMT Industries is currently India’s leading manufacturer of MS & SS ERW tube mills & finishing line equipment, along with slitting line & CTL.

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“GMT Industries Limited is aiming for rapid growth, projecting a sales turnover of INR 250 crore in the first year, INR 350 crore in the second, and INR 500 crore in the third year following this expansion.”

TPI: Kindly walk us through your product portfolio.

ND: Besides high-quality stainless steel tube mills, ERW tube mills and slitting lines for metal cutting with the best quality, GMT offers the widest range of modern designed horizontal accumulators with several models suitable for any type of strip processing line. We provide single/triple tube type draw benches with automatic operations, a huge array of high-quality tube push pointers, strip shear and welder, straightening machines, rolls for tube mill, forming lines and straightening machines, automatic cam operated twin head end facer with three tool system, annealing equipment, tube hydro testers, pipe bundling machines, pipe threading machines, servo cut to length lines, and specially built cold saw bar and tube cutting machines.

GMT Industries
GMT Industries

TPI: What are the key highlights of GMT Industries Limited’s new manufacturing expansion in Palwal, Haryana?

ND: As part of its strategic expansion, GMT Industries Limited is introducing advanced product lines designed to elevate manufacturing capabilities and address diverse industry needs. This includes DFT (Direct Forming Technology) tube mills, which bring enhanced precision and efficiency to the tube manufacturing process by allowing for direct forming without the need for roll changes, thereby reducing downtime and improving productivity. Additionally, the company is expanding its large-diameter production capabilities with the launch of 16-inch and 20-inch tube mills, enabling it to cater to applications requiring robust, wider tubes across various industrial sectors. These innovations reflect GMT’s commitment to technology-driven growth and market leadership.


Also Read: Parth Equipment Targets High-End Engineering of Tubes and Pipes with Automation and Industry 4.0 Integration


TPI: What are GMT Industries’ future growth targets and how will the new facility support them?

ND: GMT Industries Limited is aiming for rapid growth, projecting a sales turnover of INR 250 crore in the first year, INR 350 crore in the second, and INR 500 crore in the third year following enhanced infrastructure and product portfolio. This new plant in Palwal is more than just an expansion; it’s a testament to our unwavering commitment to innovation, quality, and serving our global clientele with cutting-edge solutions. The strategic location in the National Capital Region (NCR), Palwal, offers excellent connectivity and access to skilled labor, further bolstering GMT Industries Limited’s operational efficiency. The advanced technologies being introduced, such as DFT and larger tube mill capacities, are expected to set new industry benchmarks and play a critical role in achieving the company’s ambitious growth targets.

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“The advanced technologies being introduced, such as DFT and larger tube mill capacities, are expected to set new industry benchmarks and play a critical role in achieving the company’s ambitious growth targets.”

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