Usha Martin

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In the year 1960, Usha Martin was established under the name Usha Martin Black (Wire Ropes) Limited. The group started its operations with the plant for wire rope manufacturing at Ranchi.

The company's name was changed in the year 1983 to Usha Martin Industries Ltd (UMIL) which is now one of the leading companies in India. The main area of its business is the manufacturing of various commodities to aid the construction and other infrastructural works.

The Usha Martin Group also engages in the software development and other communication-related works.
The group serves several industries such as oil drilling and exploration, telecom, and information technology enabled service.

The group also has a global presence with a number of subsidiaries in different countries.

The vision of Usha Martin :
To excel in its business domains and be in the leading position through continual innovations, consumer satisfaction, and superb quality control.

Latest Financial Figures(Figures in Rs. Crores)
ET 500 Rank(2011)220
Profit after Tax(PAT)137.03
MCAP (Market Capitalization)972.47

Group companies of the Usha Martin:
  1. Manufacturing
    • Usha Siam Steel Industries Public Company Limited : This subsidiary is situated in Thailand. The main focus of this division is to manufacture wire ropes.

    • Brunton Shaw UK Limited : This division is located at Nottinghamshire in United Kingdom. It is engaged in manufacturing high-end steel ropes.

    • Brunton Wolf Wire Rope FZE Co. : This subsidiary is the first of its kind in the Middle East. The purpose of this division is to cater to the enormous need for steel ropes used in the petroleum industry.

    • Usha Martin Cables Limited (UCL) : This subsidiary is fully owned by the Usha Martin Group. It manufactures optical fiber cables and PIJF copper cables.

    • Usha Martin Agra : This manufacturing plant is situated in Agra. It manufactures steel TMT bars for the use in the construction sector.
  2. Information Technology
    • Usha Communications Technology : This subsidiary provides telecom based software products and solutions for the future communication sector.

    • Usha Martin Infotech Ltd : This division mainly focuses on the development of software application pertaining to the telecom sector.
  3. Services
    • Usha Breco Limited : This division is in collaboration between the British Ropeway Engineering Co. and Usha Martin Industries.

    • Usha Martin Ventures Limited : This division provides venture capital investments for the expansion of different sectors.

Last Updated on 1/4/2012

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