Chairman’s Message

Gallantt Group of Companies is a professionally managed and fast-growing organization which aims at strengthening and establishing itself the foremost manufacturer of steel products in India. It also aims at achieving greater heights and long-term growth. The group has come a long way from its inception in1984, when it made a moderate beginning by setting up a small industrial venture, to presently running two primary integrated steel Plants with Captive Power Plant in the state of Uttar Pradesh and Gujarat. Gallantt Ispat Limited (GIL), Gorakhpur and Gallantt Metal Limited (GML), Gujarat are well established public limited companies listed on both the premier stock exchanges of India viz. Bombay Stock Exchange Limited and National Stock Exchange.

India is on the path of rapid development; the steel and cement industry is growing fast in accordance with the same. Development work in the infrastructure and construction sector has increased manifold. And the steel and cement industry, with the easy and ready availability of the raw materials, seem to be very promising and expect to reap benefit from it. Hence, the Group has planned to expand the present installed capacities of steel plants and have also planned installation of a mini Cement Plant with a total investment of Rs.1165 Cr (Approx.) – Rs.865 Cr at Gallantt Ispat Ltd. and Rs.300 Cr at Gallantt Metal Limited respectively. At Gallantt, we have evolved an agile business model capable of responding to the rapidly evolving market realities. It has helped us consistently achieve volume guidance over the years. Despite sluggish demand for the past few years, our model of marketing achieved higher sales and profitability by following a strategy of continuous investment and upgrading of manufacturing facilities and technology.

The adoption of the best business practices, the latest in technology and trending management techniques have helped us to achieve new heights. We encourage our employees to constantly develop and make their skills relevant to the changing trends. A team of experts from metallurgical and mechanical engineering background works hard round the clock to adopt modern technology to ensure quality control measures and excellent and timely delivery of our products to the satisfaction of our valued customers.

We have developed a Group Housing named “Shalimar Gallantt” at Mahanagar, Lucknow and also have planned to develop the existing land bank of about 13 lac sq.ft. into group housing and commercial projects. In addition to the above, we are on the way for proposing construction of a Star Hotel with Multiplex and Shopping Mall Complex near the historical Shri Gorakhnath Temple, Gorakhpur, with an investment of Rs.200 Cr.

We are expanding with a clear vision and direction ensuring the harmonious and sustainable growth of all our stake holders. I am sure that our team is competent and resilient to achieve the vision of becoming a trusted partner in India’s infrastructure growth by providing technologically advanced, innovative and high-quality steel products.

 

C. P. Agrawal
Chairman & Managing Director

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