A Pivotal Year as they Moved into a Phase of Growth after Significantly Deleveraging the Balance Sheet Over the Past Three Years - Rajeev Jhawar Usha Martin Limited
Rajeev Jhawar , MD of Usha Martin Usha Martin recently had a pivotal year as they moved into a phase of growth after significantly deleveraging the balance sheet over the past three years. The strategic move of Usha Martin and its Managing Director, Rajeev Jhawar to sell off their steel business to Tata Steel had enabled them to significantly deleverage the balance sheet and focus on the firm’s core competencies. This has already started yielding results and has placed them in a position of strength. Usha Martin Limited, under the exemplary management of Rajeev Jhawar is all poised for expansion. This includes enhancing their product mix, focusing on building share in international markets and investing in capacity increase. “We believe that we are at an inflection point. Having been able to stabilise our business, we are truly on our way to strengthen our operations and push the boundaries”, Managing Director Rajeev Jhawar proudly affirms. Speaking about the expansion plan...