Mukand

Mukand Ltd
Public BSE: 500460 NSE: MUKANDLTD
Industry Steel
Founded 1937, Mumbai[1]
Headquarters Mumbai, Maharashtra [2], India
Key people
 Mr Niraj Bajaj, Chairman & MD [3]
Revenue ₹3,129 crore (US$440 million)
Number of employees
 2400
Parent Bajaj Group
Website Official Website

Mukand Ltd (Formerly Mukand Iron & Steel Works Limited) is an India-based manufacturer of stainless steel, alloy steel, and stainless steel billets, and is an exporter of hot rolled bars.[4] The company manufactures iron and steel products, steel castings, steel structurals, Electrical Overhead Travelling (EOT) and other cranes, and other industrial machinery. Mukand Ltd is part of the Bajaj Groups of companies. It makes India's largest gantry crane, with an 80-tonne capacity and 60-metre span, with monobox girder and underslung trolley.[5]

History

Mukand was established in 1929 in Lahore by Seth Mukand Lal. It was later acquired by Bajaj and moved to Mumbai in 1937. A steel plant at Kalwa, Thane commenced operations in 1965. It was renamed to Mukand Ltd from Mukand Iron & Steel Works Limited on March 23, 1989.[1]

References

  1. 1 2 "MUKANDLTD History | Mukand Ltd Company History & Profile". Economictimes.indiatimes.com. Retrieved 2011-01-07.
  2. ↑ "Contact Us". Mukand.com. Retrieved 2011-01-07.
  3. ↑ "Bajaj family to hike stake in holding co - Home". Livemint.com. 2010-03-12. Retrieved 2011-01-07.
  4. ↑ "Mukand to sell Kalwa unit land, use internal accruals to halve debt". The Hindu Business Line. 2009-11-03. Retrieved 2011-01-07.
  5. ↑ "Archived copy". Archived from the original on 2011-01-20. Retrieved 2011-01-07.


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