Now the company is led by Venkatesh H Katwa, and his brothers Vilas Katwa & Deepak Katwa who has wide experience in Cement industry, International business and Health Care service automations.
With Indian Economy & Market in a free-wheeling chat the dynamic entrepreneur Shri Venkatesh H Katwa shared ongoing ventures, his vision and future plans.
In the Infra space you are one of the oldest companies with very rich experience. Please let us know how the journey was so far. The journey of Shri Keshav Cement and Infra from 1995 till 2018 was navigated through rough edges due to 1980’s technology which was used for manufacturing cement. The plant was modernized in FY 2018. Journey of the company began with the purchase of a sick unit in 1994 and another sick cement plant in 2007 from Debt Recovery Tribunal. We inherited an obsolete technology cement plant which needed capital-intensive imrpovements of technology to optimally utilize the resources, which required substantial funds. FY 2018 was an important year for the company – establishment 25 MW of Solar plant and for de-bottlenecking of cement plant at the cost of ₹190 Crore. Cement plant was expanded from 0.10 million tons per annum (mtpa) to 0.35 mtpa. This led to jump in EBIDTA and margins. SKCIL established another 12 MW in FY 2022 to make it the only cement plant in the country running on 100% green power.
The company has a Captive solar plant. Taking into account the government focus on Green energy do you have any plan to have any other verticals?
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Denne historien er fra October 2022-utgaven av Indian Economy & Market.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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NEW INVESTMENT PRODUCT CATEGORY IS SEBI'S LATEST MOVE COMMENDABLE?
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Face to Face
\"We believe ourselves to be service providers and not any goods manufacturer\"
THE REALITY OF CORPORATE ESG INITIATIVES
Today, environmental, social, and governance (ESG) considerations dominate business discussions and have become an integral part of the strategies of many organisations in different industries. While some companies are grappling with these new standards and commitments, others, already aligned with the Sustainable Development Goals (SDGs), are well prepared to meet the evolving regulations and standards related to corporate social responsibility (CSR) and ESG.
Standard Capital Markets Ltd. Incorporates Subsidiary for Insurance Broking
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THE IMMINENT MIDDLE EAST WAR
Recent intelligence from a variety of sources points to an Israeli war against Hezbollah, which is an Iranian proxy. Hezbollah is systematically attacking Israeli bases, radars, intelligence-collections facilities and other defense system components. Now the attacks are spreading to include Israeli settlements in the West Bank and Galilee. You’re just not hearing about it in the mainstream media. These attacks have three effects: They break down Israeli military and intelligence systems, terrorize the civilian population and handicap Israel’s ability to conduct air attacks on Syria or Lebanon. James Rickards points out why all these are imminent.
