Anup Engineering is present in a niche segment and it has also been growing. How easy or difficult has it been for you to get skilled workers for your plant? Do you also conduct training programmes for new and existing employees?
I believe that India's biggest strength is its people and somehow Indian industries must leverage this strength. However, to specifically answer your question, it has been both easy and difficult at the same time. Easy because of the high percentage of young adults in our population and difficult because of the skill gap. We manage well by selecting people with potential and mentoring / training / qualifying them prior to putting them on job. As such training is an integral part of our work culture.
Which are some of the key ongoing projects that Anup Engineering is working on?
Anup is currently supplying to Dangote Refinery in Nigeria, SASOL in South Africa and to Ramagundam Fertilizers Project, RIL, Essar Oil in India. Apart from these, some very prestigious export orders are currently in the engineering and material procurement stages. These are for exports to South Korea and USA.
Tell us about the company's growth strategy and expansion plans. Where do you see the organisation in the next two years in terms of its achievements?
Most of the building blocks for the next phase of growth at Anup are in place. On the infrastructure front we are ready to cater to the upcoming/ongoing projects in the Indian Refineries, Petrochemicals and Fertilizer sectors. Currently we are bidding for several opportunities. We are augmenting our engineering teams in various functions to successfully live up to the challenging expectations of our customers and the growing criticality / complexities of the product range being targeted by us. Over the next couple of years, we will consolidate our leadership position in the shell and tubes exchangers within the country and will emerge as one of the leading suppliers to the global customers and markets.
The Arvind Group, of which Anup Engineering is a part of, is going through a major restructuring currently. How will this impact your business?
I believe that the leadership team of Arvind helmed by our chairman Mr. Sanjay Lalbhai - who is an inspirational & visionary leader - encourages innovative thinking, guides, empowers and supports completely. Over the last decade or so, they have successfully created highly motivated and capable leadership teams for different businesses who share & believe in the group's vision, aspirations and values.
The group is currently going through a momentous phase with the foundations for future growth being laid across its businesses whilst consolidating on inherent strengths. Renewed focus to achieve best synergies has led to the realignment of business verticals within the textile domain driven by innovative thinking and also ensured that other businesses with potential are enabled to chart the best path forward to deal with the unique challenges faced by them. The demerger of Anup will allow us to achieve that and will help us prepare to consolidate, sustain and even accelerate the growth momentum achieved by our business over the last four years.
END
