Grow Ever Steel (India) Private Limited, an ISO 9001:2015 certified company, specializes in manufacturing of ERW MS Precision Steel Tubes, Hollow Sections (RHS, SHS, Oval & Capsule), Stamped and Tubular Components. Set up in 2008, the state-of-the-art factories are located in Falta, West Bengal. With a current capacity of 30,000 MTPA, their exclusive made to order mills include additional features such as air cooling for better weld quality and solid-state welders giving their products the extra edge in the market. In a recent interview with Tube and Pipe India, Mr. Rajat Sarawgi, Managing Director, Grow Ever Steel (India) Private Limited shared with us the company’s business journey, market footprint, clientele and future plans.
Tube & Pipe India: Could you please give us a brief outline of the business journey of your company since inception along with its crucial milestones?
Rajat Sarawgi: 2008 was a year of great significance not only nationally, but globally. While on one hand, the industry was battling the downturn in the market caused due to the downfall of Lehman Brothers and its after effects, on the other hand, people started to look at India as the land of opportunity and the next big thing in manufacturing. Grow Ever Steel was established the same year to carve a niche in the already competitive precision tube industry.
It started as an idea on paper once we identified the Lacuna in this industry segment for a time committed & quality conscious manufacturer for predominantly the OEMs. Initially offering a very limited product offering, Grow Ever has consistently grown over the last few years in scale and in scope overcoming various hurdles while being adaptive to the market changes and demands of the industry. We believe that today we are one of the preferred choices of partner to major OEMs not only in India but across the globe.
TPI: Kindly cast some light on the infrastructure, manufacturing capabilities, and machinery installed at your factory.
RS: While we began with humble beginnings 15 years back, Grow Ever now boasts of a dedicated team of over 500 people who are equally committed to the growth of the organisation. Currently we have 3 manufacturing units providing the best available infrastructure and superior technology for producing MS ERW Precision Steel Tubes, RHS, SHS, Oval and Capsule sections as well as a wide variety of Tubular & Stamped Components.
Our 4th unit is expected to be commissioned in January 2024.
The installed capacity is over 30,000 MTPA for precision tubes. We also offer additional value products like cut to length sizes to our partner companies which makes it easier for them to use the tubes almost immediately on receipt and as per time bound schedules. Complete inline fin cutting along with Non Destructive Testing for the higher quality conscious customer is also available.
We have set-up a state-of-the-art facility offering a wide variety of precision components made on multiple machines like Automatic and Laser Cutters, Chamfering and De-brushing, Hydraulic Presses, CNC Turning Centres, Threading & Tapping Equipments and other SPMs amongst others.
With technology imported from Germany, USA, Taiwan as well as the best manufacturers within India to support the Make in India campaign, we genuinely believe that only the best of equipment offer the best of products and thus invest heavily on latest and advanced machinery.
Our Marketing teams operate from Pune, Aurangabad, Bangalore, Indore and Delhi. They work in tandem with the corporate office located in Kolkata in providing round the clock services to our clients.
TPI: Tell us about your product portfolio along with its key strengths and applications.
RS: Our Tubes are offered in the range of OD 8 mm to OD 80 mm and a thickness range of 0.25 mm to 4.5 mm and we use only Prime Quality Raw Material in grades like CRCA, CRFH, CRMA, HSLA, HRPO, HRSPO and many more, sourced from all major RM manufacturers across the country.
We take pride in knowing that our products find place in numerous applications in a wide gamut of industries as given below:
- Furniture/ Fitness
- Light Engineering
TPI: What are the recent developments at your end? Also, what will be your future plans?
RS: We have recently installed a High Speed Line for manufacturing tubes at a speed of over 150 mpm. An advanced R&D lab has been set up to analyse requirements of other industries not previously catered to by us. Multiple CNCs and SPMs have been installed in our component division to give our partners the option of Value Added Components from under the same roof of the Grow Ever Group. This is in line with Our Motto of ‘We All Together – Grow For Ever’.
In the near future we plan to set up an annealing unit to cater to the growing demands of our export division and also further strengthen our existing portfolio by understanding and working closely with our clients on their consistently evolving requirements.
We would like to add here that we are also on the lookout for exploring possible growth opportunities with interested companies and being their partners in progress. The companies must share value systems similar to ours i.e. hard work, honesty and being hungry for success.
TPI: Share your outlook on the tube and pipe industry. How do you see the market evolving in the future?
RS: According to a market research report by Industry ARC, the global Precision Tube market size was valued at $17.8 Billion in 2020 and is projected to reach $26.3 Billion by 2026, growing at a CAGR of 6.2% during the forecast period. The report also notes that the demand for these tubes is driven by the growing demand for lightweight and fuel-efficient vehicles, increasing construction activities and the adoption of automation in multiple industries.
The Covid-19 pandemic has also had an impact on the industry. According to a report by Research And Markets, the global steel tube market declined by 4.4% in 2020 due to disruptions caused in supply chains and manufacturing operations. However, the market posted a strong recovery in 2021 and has continued to grow since then.
In short, the industry is definitely on its way to recovery from the post pandemic after effects and the overall outlook appears positive in the next few years backed by strong demand and higher consumption patterns.
TPI: What is your technology and business roadmap?
RS: At Grow Ever, we place our bets on the best of technology and all machines have been made keeping our customers quality processes in mind. The above mentioned R&D facility has been set up to keep abreast with the fast changing parameters across all departments and adapt faster to offer the best solutions to our business partners.
We sincerely believe that honesty towards our work will always give us the desired results and our aim is to keep building to our strengths and keep growing – slowly but steadily as we have been doing since Inception.