Utkarsh India Limited is planning to double its capacity and reach INR 5,000 crore revenue in the next three years. The company is further planning to increase its pipe manufacturing range from the current 16 inches dia to 20 inches dia in future. This was revealed by Mr. Ravindra Gupta, Vice-President, Utkarsh India Limited, during his interaction with Tube & Pipe India.
Tube & Pipe India: Please walk us through your illustrious business journey, highlighting its major milestones and crucial achievements.
Ravindra Gupta: We started our business with single product for more than 40 years ago. From time to time, Utkarsh India Limited has evolved itself by enhancing its product range and augmenting its facilities with the latest machinery. We are today a leading manufacturer and supplier of high-end engineering products and services in the infrastructure, agriculture and domestic water piping industry. Last year, we did a business of INR 2,300 crore. We are targeting INR 3,500 crore revenue this year and plan to take it to INR 5,000 crore in the next 2-3 years.
TPI: Please share information about your manufacturing facility. What is your annual production capacity
RG: Our current production of all products is 50,000 tonnes per month. We plan to double our capacity and reach 1 lakh ton per month in the next three years. After implementation of new government policies for infrastructural development, the market witnessed tremendous growth. The demand for all products in the industry has increased in the past 10 years and the upward trend is expected to continue in future as well.
TPI: What does the product basket of Utkarsh India look like? Which are the industries where your products find application?
RG: Utkarsh India manufactures a wide range of galvanized steel fabricated structures, as well as HDPE pipes, PLB HDPE ducts, steel tubes & pipes, & steel tubular poles. We also manufacture railway electrification structures, transmission towers, telecom towers, metal beam crash barriers, high mast lighting systems, street light poles, pedestrian barriers, jal minar – water towers, pre engineered building, polygonal /octagonal poles, and substation structures. Utkarsh India Limited is a renowned leader in the pipes and fittings industry. We specialize in providing a comprehensive range of pipes and fittings solutions to meet the diverse needs of our customers. Our product portfolio includes uPVC, cPVC, PVC, and SWR pipes and fittings. Our products are used in various segments, such as air, water & gas transmission, agriculture etc.
TPI: What is your USP that sets you apart from others?
RG: Utkarsh India has earned high respect in both the government and infrastructure sector, owing to our 40 years of experience in high-end engineering and manufacturing. Our motto is to provide our customers with the best quality product at an affordable price. We believe in timely delivery of new and diverse products to our customers, which results in higher customer satisfaction. We work with the leading raw material suppliers and offer only the best to our customers. At Utkarsh India Limited, quality is more than a commitment to our customers. It is a passion through which we contribute to nation building. Our journey has been marked by unwavering commitment to quality, innovation, and customer satisfaction.
TPI: Kindly tell us more about your market footprint and major clientele.
RG: We have a very strong foothold in the West Bengal, North Eastern states of the country. Besides, Odisha, Uttar Pradesh, Bihar, Jharkhand and states down South are also good markets for our products. In overseas markets, we have a footprint in Middle East and Europe. The demand for our GI pipes and other products is quite high abroad and we expect good response from the foreign shores in future also.
All players are optimistic right now. We are expecting robust demand for all products in the coming years.
TPI: Please share recent developments at Utkarsh India Limited. Where do you see yourself three years down the line?
RG: Utkarsh India Limited has aggressive plans for the future. We plan to double our manufacturing capacity in the next three years and introduce new products in the pipe industry. Besides, we plan to increase our pipe manufacturing range from 16 inches dia to 20 inches dia in future.
TPI: Please tell us about the challenges you face in the pipe and tube industry.
RG: Ups and downs are part of any business. We grapple with challenges such as low-quality raw material and rising competition. When it comes to Utkarsh India, we use the best raw material available in the market. We see competition as an opportunity, as it gives rise to a new path. We try our best to adapt ourselves.
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TPI: How do you think the industry has evolved in the past decades?
RG: In the 80s, when we started, there were very few companies in India. There was little demand for the products and the price was also low. The industry has changed drastically in the last 40 years. With more and more companies coming up, there is an increased demand, which leads to higher production. All players are optimistic right now. We are expecting robust demand for all products in the up-coming years.
TPI: The government has been introducing various schemes for the ease of business. What regulations would you like the government to introduce in future?
RG: The government is focusing more and more on Make in India campaign to make our nation developed and become a global leader. We are also focusing on that. With expected new infrastructural development schemes coming up in future, we will grow to achieve new targets.
The demand for our GI pipes and other products is quite high abroad and we expect good response from the foreign shores in future also.
