Mukand

Mukand Limited (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]

Mukand Limited
TypePublic BSE: 500460 NSE: MUKANDLTD
IndustrySteel
Founded1937, 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
ParentBajaj Group
WebsiteOfficial Website

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 23 March 1989.[1]

It also operates a steel plant in Ginigera of Hospet district in collaboration with Hospet Steel.

References
  1. "MUKANDLTD History | Mukand Ltd Company History & Profile". Economictimes.indiatimes.com. Retrieved 7 January 2011.
  2. "Contact Us". Mukand.com. Archived from the original on 22 March 2006. Retrieved 7 January 2011.
  3. "Bajaj family to hike stake in holding co - Home". Livemint.com. 12 March 2010. Retrieved 7 January 2011.
  4. "Mukand to sell Kalwa unit land, use internal accruals to halve debt". The Hindu Business Line. 3 November 2009. Retrieved 7 January 2011.
  5. "Archived copy". Archived from the original on 20 January 2011. Retrieved 7 January 2011.CS1 maint: archived copy as title (link)


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