Posted By: Sachin Murdeshwar July 26, 2022
Mr. Harshavardhana Gourineni, Director – Mangal Industries
HYDERABAD, 26 JULY, 2022 (GPN): Mangal Industries, the second largest subsidiary of the Amara Raja Group of companies, has witnessed a tremendous growth of over INR 450 Crores in FY 2021-22, with revenue clocking over 1400 crores. Having evolved as a design-led manufacturing company, Mangal Industries serves a broad spectrum of industries with deep-domain expertise in Auto Components, Metal Fabrication, Battery Components, Tool Works, Storage Solutions, and Custom Fabrication.
Founded by visionary industrialist and philanthropist Dr. Ramachandra N Galla, Mangal Industries was set-up as a small manufacturing unit to supply components to the battery business, it has now grown into a multi-product company that lists some of the largest brands in the country as its customers. Currently, the company employs over 3000 people spread across its nine manufacturing facilities, and has become the second largest within the USD 1.3 Bn Amara Raja group.
Each of its facilities is supported by state-of-the-art equipment to meet superior operational efficiencies. Over the years, the facilities have created thousands of jobs, thus resulting in a strong local talent pool, and improving overall living standards in the communities it operates around.
With aggressive growth plans, MIL will increase focus on the export market and also work towards entering new segments of Aerospace, Defence and Medical Equipments. The company is confident of more than doubling its current turnover by 2025.
Mr. Harshavardhana Gourineni, Director – Mangal Industries, said, “Mangal Industries has played a pivotal role in the overall growth of the group. Over the last 25 years, it has grown to become a multi-business company and each of its business units have earned a unique position among its valued partners. We also have strong plans to leverage and integrate digital technologies like IoT, Blockchain, AI & ML into our core offerings to provide path-breaking products and services to our partners.”
Mangal Industries Key Focus Areas:
MANGAL INDUSTRIES INJECTION MOULDED PLASTICS Mangal Industries Ltd, Amara Raja Growth Corridor (ARGC)
In 2021, the firm has also established a new Injection Moulded Plastic manufacturing plant that specialises in injection moulded parts for diversified industries ranging from Automotive to Consumer durables, home appliances, Electronics, and Healthcare. It is fully equipped to handle value-added engineering plastic products with various size ranges through the latest design principles, technologies, and production practices.
About Mangal Industries: Mangal Industries Ltd is part of USD 1.3 bn Amara Raja Group, specializes in the design and manufacturing of Auto components, Warehouse storage solutions, Metal fabrication, Battery components, Custom fabrication, and Toolworks and caters to a wide range of industries such as Automotive, Consumer Goods, Power and Energy, E-Com and Retail, Logistics, Process Engineering, Railway and Metro, Elevators and Telecom.
Mangal Industries is a proud partner to the biggest names across industry verticals including ABB, Ashok Leyland, Bosch, Coca-Cola India, HUL, IKEA, KONE, P&G, Reliance Retail, Samsung, Royal Enfield, Alstom, TVS Motors, Daifuku, Honda Scooters, Diamler India, Ather Energy, to name a few.-Ends.
Your email address will not be published.
Try our free currency converter:
From: GBP EUR USD CAD AUD SGD EGP ARS BBD BRL CLP CNY CZK DKK XCD EEK HKD HUF ISK INR IDR ILS JMD JPY LVL LBP LTL MYR MXN NAD NPR NZD NOK OMR PKR PAB PHP PLN QAR RON RUB SAR ZAR KRW LKR SEK CHF THB TRY VEF
To: GBP EUR USD CAD AUD SGD EGP ARS BBD BRL CLP CNY CZK DKK XCD EEK HKD HUF ISK INR IDR ILS JMD JPY LVL LBP LTL MYR MXN NAD NPR NZD NOK OMR PKR PAB PHP PLN QAR RON RUB SAR ZAR KRW LKR SEK CHF THB TRY VEF
Copyright 2022 | Designed & Developed by Infinitum Digital Pvt. Ltd