Adhunik Group, the Rs.3,500 crore conglomerate, is one of the fastest growing groups in India. It is engaged in mining, steel, power, transmission structures and value added products, catering to a vast and quality-focussed customer base.
With a dependable and committed employees and a strong customer support, the Group has emerged as a steady performer, undeterred even during cyclical fluctuations and unsteadiness of the market. It has grown continuously, backed with strong financial performance.
The Group has steel manufacturing facilities in West Bengal, Orissa and Jharkhand and a cement unit in Meghalaya. Besides, it has a chain of value-added products including carbon and alloy steel billets, auto-grade steel rolled products, rounds and flats (3,30,000 tpa), TMT bars and wire rods (1,50,000 tpa), sponge iron (4,20,000 tpa), pig iron (2,00,000 tpa), ferro alloys products including ferro manganese, silico manganese, ferro silicon (50,000 tpa) and stainless steel products (1,20,000 tpa).
The Group has embarked upon an ambitious expansion plan in the power sector. It is implementing a 1,080 MW power plant in Jharkhand. It has an existing power generation capacity of 84 MW, which is being captively consumed; it is also setting up an additional 45 MW capacity, which is expected to be in operation by 2012. It has also ventured into the manufacture of high value-added products including transmission and sub-station towers for power sector.
In the mining sector, it has iron ore and manganese ore mines in Jharkhand and Orissa, respectively. The Group has mining resources including iron ore, coal, manganese ore and lime stone which are the key inputs of production. Over the years the Group has shown robust operational results and has an excellent track record of growth and profitability. |