Since its establishment in 2015, Venus Pipes & Tubes Limited, a leading producer of seamless and welded stainless steel pipes, has experienced rapid growth, attaining a substantial presence in the market. In the following interview with Tube & Pipe India magazine, Mr. Arun Kothari, Director, Venus Pipes & Tubes Limited delves into the evolution of Venus Pipes & Tubes, tracing its journey from inception to its current standing, their participation in the Tube Dusseldorf 2024, their recent developments, and future plans.
Theme of Participation
Venus Pipes & Tubes, established in December 2015 by Mr. Arun Kothari, Mr. Mahesh Chaudhary, Mr. Jitendra Chaudhary, and Mr. Dhruv Patel, has been dedicated to the manufacturing of a diverse range of seamless and welded stainless steel pipes. We offer welded pipes with an extensive outer diameter range of 9 mm to 1,460 mm, while seamless pipes are provided with outer diameters ranging from 6 mm to 219 mm. We are all set to be part of Tube Dusseldorf 2024. We are looking forward to making lasting bonds with suppliers and other manufacturers, while also mingling with the best of minds in the industry.
Recent Developments
A major expansion was completed in 2023 reaching an annual capacity of 36,000 tons per annum with the backward integrated seamless plant. The planned expansion for the new backward integration and product portfolio enhancement was completed within a record time of 18 months in autumn 2023.
We raised the funds for the huge expansion by the IPO in Summer 2022. In addition to the four founders, the shareholders of Venus Pipes & Tubes today include well-known financial institutions from India and worldwide. Venus has invested in the technology and equipment to expand both seamless and welded pipe capacities simultaneously.
Investments are being made not only in increasing capacity, but also in quality. In addition to a very sophisticated ultrasonic testing setup, a fully auto German-made RTR (Digital Radiography) system was purchased for the testing welding quality of LSAW pipes. A new central lab is set up for centralizing all testing. “Venus is relying more and more on European quality and know-how for the production of state-of-the-art products of the highest quality,” says Stefan Müller-Bernhardt.
“We are the most European factory in India.”
Future Plans
After the comprehensive expansion and further development of the company location and reaching significant capacity utilization, further investments are planned in the near future.
Capacity for expansion is secured, among other things, through the acquisition of a 30,000 m² more land area just adjoining the existing factory. We aspire to make ourselves the first reference and preference in stainless steel pipes and tubes manufacturers. We are on our way to becoming a leading manufacturer and provider of demanding and challenging applications for stainless steel pipes and tubes. Our objective is to provide quality and flawless service for dealing with customers/suppliers and distributors.
Furthermore, we are now foraying into the fitting solutions as well. Building on our reputation and execution track record, we are diversifying our product portfolio to encompass a wide selection of fittings, leveraging our expertise to provide complete PFF (piping, fittings & flanges) solutions to our customers across industries. Fitting companies play a vital role in facilitating the efficient operation of industrial processes by providing high-quality fittings that enable the seamless flow and control of fluids and gases within complex piping systems.
Additionally, we have announced a capacity expansion by introducing a specialized product line of stainless and titanium welded tubes. These specialized tubes represent critical innovation in an industry where such products are manufactured by only a select few players. High-precision engineering makes it difficult for other players to enter the market. The planned capacity expansion will happen in two phases.
Phase 1 includes capacity expansion for setting up of value-added fittings & welded tubes; to be completed by March 2025.
Phase 2 includes capacity expansion for setting up of value-added fittings, welded / seamless – pipes / tubes; to be completed by December 2025.
Furthermore, we have plans to convert the gas annealing furnaces to electrical induction to further reduce the plant’s CO2 emissions. A solar park with an output of 1 MW is scheduled to go into operation at the beginning of March.
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USP
With its manufacturing facility strategically located in the Kutch region of Gujarat, close to Mundra and Kandla Port, we ensure good logistical efficiency in exporting its products around the globe. In the years since its founding, the Indian company has earned the trust of many customers and experienced unprecedented growth.
We are working with the highest ethical standards in all aspects of our activities. Innovation, quality, and service are most important for us and our business. Priority to establish and maintain positive long-term relationships with our business partners. Safety is very important in all areas of Venus Pipes & Tubes. Venus is proud of its ‘100% Made in India’ products. From raw material to finish, we provide complete documents and transparency to the clients. The raw materials are mainly supplied by local Indian suppliers with a good reputation or by renowned international producers. The young, rapidly growing company is very proud to be the largest stainless steel pipe manufacturer in India.
Market Footprint & Clientele
Venus Pipes and Tubes has a very strong presence in the Europe market. Mr. Stefan Müller-Bernhardt, and Mr. Thomas De Vos, having decades of industry experience are penetrating the market with excellent quality products and customer service. With just one year of active presence, we already have a respectable market share amongst Indian producers. After the mother hollow piercing plant was commissioned last year, the first export of seamless stainless steel pipes to the Europe market took place. While growing in the field of innovations, we have expanded our wings of uncompromised services and products worldwide. The company holds pride in supplying its wide product range to more than 28 countries internationally.
Visit Stand: Hall 3 / A03 at Tube Dusseldorf