With the increasing economic globalization, businesses and industries are witnessing significant growth today, and as India too attempts to grow along with the overhauling of its manufacturing and industrial sector, Conveyor market being a critical component of most industrial processes are largely comprehending them. The Conveyor Components market is prolifically driven by an upsurge in the production of Iron & Steel, Cement, Power, and Mining industries, to name a few. As per the IMARC Group report, while the India Conveyor belt market size reached $503.1 Million in 2022, it’s estimated to reach $709.6 million by 2028, experiencing a tremendous CAGR of 5.6 percent, over the years 2023-2028. Various Government Production Linked Incentive Schemes (PLI Schemes) are also backing it.
Jibasiya Industries is a major contributor to this industry. Entering the market in 2019, Jibasiya Industries within a short span of two years, has become one of the largest upcoming manufacturers of innovative conveyor components in Eastern India. Addressing certain existing setbacks like delays in delivery, product longevity & product quality- operating from its state-of-the-art manufacturing facility, spread over a 30,000 sq. ft. area and well equipped with all the cutting-edge technologies with an installed capacity of manufacturing 500-900 conveyor idlers daily, the firm has been supplying its products to a wide range of industries.
This ISO 9001:2013 certified company manufactures all the Conveyor parts strictly according to the IS:8598-1987 and uses only use high-quality products sourced from reputed brands like Tata Tubes and SKF bearings, to name a few. Additionally, the products can also be fully customized here as per customers’ needs. Almost all of its operations are carried out on fully automatic machinery which not only helps it in minimizing the manufacturing cycle time but increases the production numbers, leaving 0.01 imperfections. Jibasiya Industries’ wide range product portfolio includes- conveyor idlers, such as Carrying & Offset Troughing Idlers, Impact Idlers, V Return Idlers, Self-aligning Idlers, and Transition Idlers. While, there is a 12 month-guarantee for idlers and 30,000+ hours for bearing.
Jibasiya executes each of its projects going through the order meticulously and understanding the exact client requirements. A technical expert then prepares an engineering drawing in CAD based on the specifications provided and sends it to the client for their approval. Once the drawing is approved, the team at Jibasiya starts right away. The company has a highly qualified team in place to assist with its sales, marketing, engineering, and production field. Having a firm belief in creating an inclusive work environment, the company has consciously uplifted the historically oppressed communities forming more than 70 percent of its workforce by deploying employees belonging to the SC/ST community. The firm’s conviction towards service, integrity, and customer satisfaction has led it to become perhaps the only AA (Affirmative Action), CCT-approved vendor of TATA Steel across Eastern India. Today, disrupting the status quo, this largest single supplier of conveyer related products, serves various illustrious companies such as TATA Steel, Bhushan Steel, NINL, Rungta Steel, SAIL Bokaro, SAIL Durapur, SAIL Burnpur, and others.
Jibasiya executes each of its projects going through the order meticulously & understanding the exact clien
Though the firm initially had a difficult time due to the pandemic and operations being stalled during FY2020- 21, it grew by 650 percent in FY 2021-22 while netting the prestigious ‘Enterprising Partner of the Year’ award from TATA Steel. In the coming years, it aspires to be associated with even more bulk material handling industries such as power, mining, steel & cement. “From the innovation point of view, we are working on different prospects of bulk material handling to reduce industry shut-down time and increase the longevity of our products by 2X. While the operational expansion is still in talks across West Bengal & Maharashtra, we expect to establish our units in Chhattisgarh & Odisha, this year itself” Rishal Raj, Partner.
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