Concast - The Journey so far.
Concast Group is not about only steel, minerals, infrastructure or food " it’s about customer needs across these sectors.”
Founded in 1993, focused on the steel domain, Concast is a cross-sector leader with customer-focus, global quality standards as its key mandate. From being a pioneer in branding TMT Bars and occupying a pre-eminent position in the secondary steel sector in India - Concast is emerging as a diversified leader with robust investments of resources in state-of-the-art design & engineering, production, R&D, product testing & validation and top of the line HR practices.
The conception of Concast Group began with global excellence in steel& minerals and was later extended to the sectors of infrastructure and food.
Its manufacturing unitsare ISO 9001:2000 certified; every business is complemented with sound financial depth and apt human resources.
Concast, today, in its annual business of over 2 Billion Dollars and 10,000 employees is a legacy to explore not just growth but sustainable growth via pioneering efforts, customer orientation and integrity.
Took over Mid West Iron & Steel Company
Took over Mid West Iron and Steel Company , Srikakulam, Andhra Pradesh and turned it around
Established DRI Plant and Steel Melting Units
DRI plant and Steel Melting Units of Concast Bengal Industries Ltd. Established at Bankura , West Bengal
Pioneered the concept of branding TMT Bars
Pioneered the concept of Branding TMT Bars and launched Concast as a Brand
50% Stakes bought - SPS Steel & Power Plant
- 50% stake buy of an Integrated Steel Plant , SPS Steel & Power Ltd, Jharsuguda, Orissa
- Established Vikiran Buriness
- Moved to International trade - Raw materials for Steel Industry
- Established a High tech Unit in the name Concast Engineering for sophisticated castings
Coal Block Alloted
- Coal Block allotted in consortium with a Tata Group Company
- Forayed into healthcare business, letting Radiology reach the masses
- Initiated Captive Power generation and Energy conservation efforts by using Waste heat from Steel Plant
Ventured into infrastructure
- Ventured into cement and infrastructure business
- Launched brand "Concast Maxx"
- Full acquisition of SPS Steel & Power with 100% stakes
- Took over ICICI Winfra (now I-Win Advisory Services)
Entered the Real Estate Sector
Entered the Real Estate Sector - Started Project 'Eternia', a luxury Residential Complex.
First Port Project
Bagged its First Port Project -Development of Haldia Port in Consortium with Hyundai Engineering & Construction Co. Ltd. from KOPT
Future Plans
Concast is about nation building.
Future begins in the present. Concast believes that India will be an economic superpower by 2030; though the road will challenge the existing limits. Concast will enable India's prosperity by building the apt technological and infrastructural platform via its perseverance and innovation.
The near time horizons (a 5-years span) will consolidate Concast's position in verticals across steel, cement, infrastructure and health to set new paradigms of leadership via pioneering effort.
Took over Bengal Iron & Steel Industries
Took over Bengal Iron & Steel Industries, Sodepur and rechristned it into Concast Ispat Ltd.