INDSUR Strikes Rs. 500 Crore Steel Plates Deal with Mexician Firm

MUMBAI, India - Aug. 7, 2014 - PRLog -- Mumbai, August 07, 2014: Indsur Group, a major producer of power infrastructure castings, auto components, thermal engineering, today announced that its US-arm Indsur Stelcore Inc. has bagged an order aggregating Rs 500 crore from a Mexican firm for supply of around one lakh metric tonne (MT) of steel plates.

“Getting such a large order from Mexico amidst stiff competition from Korea and China not only proves our competitiveness but also opens up a huge market for us in Latin America, Middle East and European countries, said Amit Lodha, Director and President, Indsur Stelcore. He also added, “We are confident of making further in-roads in these lucrative markets backed by technologically superior products at competitive prices.” Indsur’s casting plant which is located in India is the largest exporter of power infrastructure castings and has a major presence in Europe.

Indsur has manufacturing plants in steel castings, auto components, pipes, steel and steel related products. These facilities are strategically located in India, UK, and US. It is also setting up a large casting plant in Saudi Arabia.  The group recently acquired its second thermal engineering unit, CDA Contracts through its UK arm Indsur Nevron. In order to support and further strengthen its export and other business activities has also recently opened its UK-headquarters in Liverpool.

About Indsur Group (http://www.indsur.com/)

Indsur is a Mumbai based global business house with operations spread over in more than five countries.  The group has strong presence in manufacturing of steel castings, auto components, pipes, steel and steel related products. It has a strong foothold in diversified geographies of USA, China, India, Middle East, South America and South East Asia. With multi office & manufacturing locations, Indsur is a preferred choice for businesses that are looking for commitment towards quality, delivery and pricing. Its client list includes various multi-billion dollar organisations including fortune 500 companies.