Outsourcing of non-core operation areas has gained significant popularity owing to improved operational efficiency and reduced cost. The operation and maintenance (O&M) services industry is currently expected to witness growth more than the IT-BPO industry at a CAGR of 12-13%. However, Quality Compliance and experience of handling the pieces of machinery and not being an end-to-end solution provider have been the significant causes of failure of multiple enterprises established in the O&M services segment.
Vaaman Engineers has a created a legacy of 35years in providing comprehensive O&M service. It has a large fleet of best-in-class material handling equipment and secured a niche position in O&M services across several industries. Rajesh Kundu, Chief Operating Officer at Vaaman Engineers, says, “We are specialists in operations & maintenance of plants, bulk material handling in mines, plants and ports. We also undertake project activities such as fabrication, erection of structures, piping, equipment erection and commissioning. We specialize in hot metal plants such as Aluminium, Zinc, Copper, Silver and entering into steel industry. In addition, we have core skill in metal casting operation.”
Meeting Client Expectations
Rajesh adds, “Our clients look for mainly maintenance skills, specialized pocket skills, modern concepts like asset management, RCM, productivity. So, we recruit professionals with those specialized skills as & when required by customer. As a result, players with core skill of maintenance, material handling, operation of HEMM & field equipment & specific industry skills are getting the opportunity to become the business partner of major industry players.” Vaaman is focused on converting every opportunity to a business gain and prospect for its clients and believes in highest level of transparency in business, employees for effective decision making by the management.
Creating a Difference
Vaaman is known for its ability to cover all aspect of maintenance essential for the flawless functioning of plants in the safest environment. Its maintenance services include regular, preventive & shutdown maintenance and Condition Based Monitoring (CBM) and accepting minor modifications through repair and refurbishment of equipment and components. Vaaman can provide O&M and Material Handling services in the Aluminium sector, Zinc & Lead Sector, Steel Sector and Conductors & Cables.
It has successfully handled Port Projects in Alumina Handling in Kakinada Port. Vaaman is also handling loading and unloading of concentrate for Hindustan Zinc Ltd is Agucha, Dariba, Zarwar, Debari, Kayad, RD and SK Mines in the Rajasthan region. Erection & Commissioning of green-field projects, Plant dismantling, relocating and re-commissioning and capacity expansion in brownfield projects add to the Project services for Vaaman Engineers.
To be one of the country's top service providers, with operational skill and cost-effective solution that meet the highest safety and sustainability requirements
Rajesh says, “Our leadership mantra is safety, integrity, efficiency and skill. We regularly interact with our site team to guide and support them. We also review performance scorecard to look at things transparently.”
Future Goals
Since its inception in 1990, started by Mr SP Singh, MD Vaaman Engineers has been a phenomenal success story. It started with a turnover of 5Cr and is currently a growing firm with an active site of 35+ and a team of 7500+ increasing its turnover to 250Cr. Rajesh concludes, “In last five years revenue growth is 2.33 times (106 Cr to 247 Cr). We are spread in all-metal sectors & all major players. We are present in Rajasthan, Chattisgarh, Odisha, Jharkhand, Uttarakhand, Maharashtra, Karnataka, Telangana. We are targeting to reach a 500 Cr turnover in the next three years. Our company is the most dynamic, competitive & honest service provider in the Operation & Maintenance segment.”
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