As India enters the post-lockdown phase, major industries like - oil and gas, construction, automotive, mining, and more are poised to witness exponential growth. This in turn is bringing in new opportunities for the ancillary industries. The rigging industry, for example, is expected to grow with a double-digit CAGR till FY23. However, recent market analysis by Research and Market points out that, a few persistent problems like the dominance of the unorganized firms in the rigging wire rope can ail the overall growth of this segment.
These firms lack the capability to deliver certified and technology-backed products; thereby creating a gap in the market for quality assured material. Additionally, with the surge in the demand for rigging solutions, today, the clients desire a delivery with minimum turnaround time. This overall situation, therefore, demands an experienced, dedicated, and upgraded manufacturer, who can deliver certified products with quality assurance and the quickest turnaround time.
This is where MADRAS HARDTOOLS PVT LTD. (MHT) comes in. Incorporated in 1972, the company is one of the few firms in India, delivering comprehensive rigging solutions, with rich experience and impeccable infrastructural capability. According to Huzefa A. Lehri, Director, MHT, “While most of the players struggle to acquire necessary certificates and machineries, we at MHT have actively invested to build robust infrastructure. It is because of our huge infrastructure, heavy stocking & inventory levels, backed with the right machinery, facilities and skilled workforce that our reputed clients actively collaborate with us for any rigging wire rope needs”.
Ensuring the quality of products
As a certified manufacturer and stockiest of
rigging products, MHT gives an undivided attention to the quality of the products and the timeframe to deliver the same. To accomplish this, the firm has gradually invested to upgrade itself from every dimension. Starting with, MHT has invested in 3000/1000/500 Ton Hydraulic splicing machines and 300 Ton proof load testing machines, where the firm manufactures numerous rigging products like wire rope slings, Chain Slings, and Webbing Slings under UNIFORCE brand.
MHT has also acquired the dealership of internationally acclaimed companies like Usha Martin, Crosby, Gunnebo Industries, Yoke, and more; thereby helping the firm to stock a wide range of products. MHT has also set up 80000 sq. ft inventory warehouse to stock all the necessary goods needed by its clients. The overall setup of the firm helps to deliver any given product within a minimum time while ensuring an unmatched and certified quality.
It is because of our huge infrastructure, heavy stocking and inventory levels, backed with the right machinery and facilities that our reputed clients actively collaborate with us for any rigging wire rope needs
Being a leading player in the rigging market, MHT delivers a wide range of products like wire ropes, wire rope slings, polyester, flat webbing slings, alloy steel chain slings and other lifting accessories like shackles, hooks, plate lifting clamps and many more and other material handling and heavy lifting operations. The firm can also design and manufacture Electric Winches and Wire Winches to meet the needs of its clients.
In the coming days, MHT plans to develop a robust in-house R&D section in addition to upgrading the overall manufacturing facility, for delivering more proficient and quality assured products to its clients, while constantly aligning itself with the updated market demands. “At MHT, our motto is to deliver a better solution today than we did yesterday. With this in mind, we are looking forward to install 5000 tons splicing machine and 1000 tons testing facilities in the future,” concludes Huzefa.
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