Committed to

Excel

A promise of quality has led the Group
to achieve international benchmarks
and recognition.

Corporate Profile

As the pioneer of introducing Ductile Iron Pipes in India, the Electrosteel Group has established itself as an international brand that values commitment to excellence. With five decades of experience, Electrosteel Castings has been fulfilling its vision of 'Carrying life to people, safe drinking water for all.' Being the country's leading pipeline solutions provider, Electrosteel has been providing clean drinking water to millions - a promise of quality that has led it to achieve international benchmarks and recognition worldwide as a global leader that understands the priorities of the customer across 35 countries.

What started off as Electrosteel Castings, a Steel Castings and Cast Iron Spun Pipe manufacturing company, evolved in time into a pioneer in manufacturing Ductile Iron Pipes and Fittings. Presently, over 60% of its products are exported around the world and Electrosteel has its subsidiaries in 11 countries.

The Group is committed to continuous development, delivering superior product quality and timely delivery; this is a direct result of a philosophy that is the bedrock of Electrosteel - TPM (Total Productivity Management). Adherence to TPM and the company's resultant success has been possible only because of its most important and essential asset - its employees, both in India and abroad.

To meet the ever growing demand of its quality products and with Electrosteel acquired 46% stake in Lanco Industries Limited in March 2002, which is involved in manufacturing of DI Pipes, Pig Iron, Cement and Castings.

With respect to strengthening India's own infrastructure, Electrosteel ventured into the Steel Manufacturing industry through its promoted Company - Electrosteel Steels Limited. An Integrated Steel Plant has been set up which is capable of producing 2.5 Million metric tonnes of Hot Metal, which is further processed into Pig Iron, Billets, TMT Bars, Wire Rods and Ductile Iron Pipes.

It is this entrepreneurial zeal within Electrosteel that has paved the way for the establishment of the first integrated green field steel project in Eastern India in the last 5 decades. The Plant is situated in Bokaro, Jharkhand, a strategic location with proximity to raw materials such as Coal and Iron Ore. The Captive Coking Coal mine is located in Parbatpur and the Iron Ore mine is located at Dirsumburu, both in Jharkhand.

All these factors are key in extending the legacy of Electrosteel - to be recognized as a quality conscious manufacturer dedicated towards serving the country and participating in the process of nation building.

Vision

To match and supersede world class standards, in both service and product delivery, by remaining committed to customer satisfaction; to expand horizons and push boundaries, both in our existing and future endeavours, so as to provide continuous growth, profit and prosperity to all our internal and external stakeholders.

Mission

Our guidelines in order to prosper, thrive and realise the Electrosteel mission are:
  • Customer Expectations
    To employ only the latest and most cutting edge technologies, to institute best in class practices in order to deliver on and exceed customer expectations consistently.
  • Transparency and Shareholder Value
    The company recognises its primary obligation to its shareholders and will pursue prudent strategies, reasonable payouts of dividend and corporate transparency in order to generate superior returns for its shareholders.
  • Raising the Bar
    To find and explore fresh solutions, newer markets and ventures. To be pioneers of the industry, as the Company was, when it commissioned India's first of its kind Ductile Iron Pipe and met with unprecedented success.
  • The Electrosteel Family
    The greatest legacy Electrosteel will aim to leave behind will be its most valued resource, its intellectual capital. Recognising that learning is an essential contributor to growth, we will ensure a stimulating working environment for all our employees, who constitute members of the Electrosteel family.
  • Leadership
    Leadership will be more than a designated role at Electrosteel; it is encouraged and nurtured as a personal and professional quality.
  • Allegiance to the Community
    Electrosteel will always owe and return its debt to society by contributing meaningfully to the community and society.
  • The Environment
    Electrosteel will always be conscious that its world extends beyond its physical presence; hence its insistence on conducting its various manufacturing processes with an eye towards contributing to a safe and pollution-free environment.