Few takeaways from Annual Report(2023-24) of Krishca.
Strategic Facility Expansion
& Future Growth Initiatives :-
New Hardening and Tempering
Line in Tamil Nadu
The company has launched a new
hardening and tempering line in Tamil
Nadu, marking a significant expansion in
production capacity. This development
allows the company to enter new
markets with its Ultra High Tensile
Strapping, a product in high demand
across various industrial sectors.
Entry into the Welding
Consumables Market
The company is set to enter the welding
consumables market by establishing
a new subsidiary and constructing a
MIG welding wire production plant in
Chennai. This facility will serve both
domestic and international markets,
reinforcing Krishca’s commitment to
diversifying its product portfolio and
expanding its global footprint.
Strategic Investment in
the Middle East
As part of its global expansion strategy,
Company is making significant
investments in the Middle East. The
company is establishing new sales
offices, warehouses, and a state-of-theart manufacturing plant in the region,
providing a strategic gateway to the
lucrative US market.
Focus on India’s Steel
Packaging Market
Recognizing the potential of India’s steel
packaging market, which is valued at
₹ 2000-2500 crore annually, Krishca is
intensifying its focus on this sector. The
company aims to secure a significant
share by forming strategic partnerships
with major packaging contractors who
manage the packaging needs of steel
mills.
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