Plans For Augmenting Capacity And Capability Building Of Usha Martin Limited Is On The Way: Rajeev Jhawar, Md

Rajeev Jhawar is the Managing Director of Usha Martin Limited. He is the son of Brij Kishore Jhawar, the founder of Usha Martin. Rajeev Jhawar has three daughters – Stuti Jhawar, Shreya Jhawar and Amisha Jhawar. Brij Kishore Jhawar is one of the two factions of the Jhawar family, who owns the company. Rajeev Jhawar has been the Managing Director at Usha Martin Limited since May 19, 2008. Rajeev Jhawar is an alumnus of Ranchi University and has also completed his graduation in Industrial Services from London Business School.

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The Jhawar Family also owns the Neutral Publishing House Limited, among many of its companies. The family consists of two octogenarian brothers – Brij Kishore Jhawar and Basant Kumar Jhawar. While the family jointly held 51% of the stake, the rest of the retailers held only 49% of the stake of Usha Martin Limited. Jhawar Family also owns 95.47% shares of Neutral Publishing House Limited, the company which publishes Prabhat Khabar. The family members of the Jhawar family hold different positions in many of the group companies.

In his past career, Rajeev Jhawar Usha Martin was Director-Finance & Commercial at Tropical Agrosystem India Ltd., Managing Director at Usha Martin Industries Ltd. and Director-Finance & Commercial at SBQ Steels Ltd. Rajeev Jhawar started his journey at Usha Martin Limited as Sr. Vice President (Commercial) and later became the Managing Director of Usha Martin Limited. Established in the year 1960, Usha Martin Limited is a multi-unit and multi-product organization in the wire rope business. In his three decades of service at Usha Martin, Rajeev Jhawar had always paved way for the company to reach greater heights.

Rajeev Jhawar

In addition to his position of Managing Director at Usha Martin Limited, Rajeev Jhawar holds 9 other board and advisor roles. Rajeev Jhawar has been the Vice Chairman of Usha Martin Education & Solutions Limited since September 2010. Rajeev Jhawar also serves as an Executive Director of Usha Martin Limited. He is the Chief Financial & Compliance Officer of G J Steel Public Company Limited (Iron & Steel). He has been an Independent Non-Executive Director of Orient Cement Limited (part of CK Birla group companies Construction Materials) since August 09, 2014.

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In order to continue to be sustainable, resilient and future ready, Rajeev Jhawar and Usha Martin is preparing for plans for augmenting capacity and capability building. Rajeev Jhawar is hopeful that with steady infrastructure spending by the Indian government, specialty products used in construction and infrastructural sectors may become one of the key growth drivers for the company in the upcoming years. Usha Martin expects growth in export volume in South-East Asia, Australia, USA, Canada, Latin America and South Africa in the following years from these sectors. Rajeev Jhawar is currently working on the expansion of the company in terms of capacities and increasing the business into new geographies.