Kaushik Engineering Looking for Foreign Partners

According to Mr. Shah, Kaushik's original product range included asphalt equipment for making roads and subsequently grew into manufacturing equipment for the concrete industry and has recently added Road Sweepers to its product line. Our current focus is now on designing asphalt batch mix plants which are of higher capacity that can generate revenue for us five times more than the drum mix plant. Our engineers are working brilliantly on the design and it is hoped that they will finalize it within few months, he added.

As of now, the company has no significant collaborations with outside partners but we are looking for foreign partners for technical collaborations on a joint venture basis and are also courting companies to work with us on the basis of exclusive dealership agreements for sales in specific regions. We anticipate that implementation of either of the plans will lead to the firm possibilities for our future growth, Mr Saumil affirms.

In the past two-three years, we have seen India, Brazil and China emerging as major global players to a much greater extent than ever before. Now more companies are entering into the Indian market that means stiff competition ahead. Small companies that are working in specific niches, are always going to be around. But medium sized companies like ours, are either going to disappear or will merge with the larger companies which are coming in. So, we have an option that either we should focus on a very specific area, working with a select group of customers, or we should grow rapidly so that we can compete with the multinational companies and then we can plan to grow and remain the decorator of our own destiny.




Published on:
01 February 2011
Published in: NBMCW February 2011
Share:
We Value Your Comment




