INTERVIEW
Gita Group:
Planning to Venture into the East Indian Market
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We are planning to invest around INR 50 crore for the expansion and modernization of our various units and also, our focus will be to venture into the tyre-bead wire segment.
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Mr. Sampath Gilada, Managing Partner, Gita Group
ire & Cable India i n t e r v i e w e d M r. Sampath Gilada, Managing Partner, Gita Group, wherein he dives into the business story of the Company, the applications of their product range, the details about the manufacturing facility, and the future aspirations of the Company.
Wire & Cable India: Could you please walk us through the overview of Gita Group and the product range offered in the wires segment? Sampath Gilada: Gita Group was established in the early 1960s by – Gilada and Tapadiya families in Karnataka. The Group has four PC, galvanized and allied products and wire manufacturing units located in Silvassa (Dadra & Nagra Haveli),
www.wirecable.in
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Bajpur (Uttarakhand) and Bangalore (Karnataka).
In addition, the group also has seven sleeper units in India and two units in Africa. We also have seven PC pole manufacturing units, five pulses units, besides having a distinct infrastructure division dedicated towards water supply and road projects. Fur ther, we have our presence in segments such as – real estate, power generation, refractory manufacturing, and ductile engineering castings for railways and automobiles with the global turnover of IRS 850 crore in FY 2020-21.
Prestress Steel LLP (formerly known as Prestress Wire Industries) had started during the year 1994 with the capacity of 3,500 MTPA and now, the company has grown to reach the annual production capacity of 80,000
Mar-Apr, 2021
