Sandeep Kumar, Managing Director at Tata Metaliks Ltd, talks about the March quarter results, impact of lockdown in Q1FY21 and order book among others during a candid chat with Swati Khandelwal, Zee Business.
Sandeep Kumar, MD, Tata Metaliks, says there have been issues with funds in government projects, which have started impacting EPC contractors and, thus, ductile iron pipe players like his company. Excerpts from an interview with ET Now
In just two years, Sandeep Kumar has made ambitious strides as Tata Metaliks' Managing Director. As well as pursuing safety and digitalisation, he's constructed a road map to long-term growth, maintaining cost efficiency while offering new experiences to customers.
Bengal government has approved the expansion of Tata Metaliks Ltd's plant in West Midnapore's Kharagpur, which would come up on a 290-acre plot, state Finance minister Amit Mitra said on Monday.
The Tata Group's Rs 620-crore augmentation plans in the state include enhancing the DI pipe capacity by 2 lakh tonne per annum, hot metal capacity by 0.7 lakh tonne per annum and a 15-MW captive power plant.