Organization Profile

Industry Profile: The Indian capital goods industry has entered into a new development phase since March 2002, due to investments in the power sector, infrastructure, oil & gas sector, steel plants and automobile industries. The capital goods industry contributes 12% of the total manufacturing activity, which is about 1.8% of the GDP. The industry currently employs over 1.5 million skilled and semi-skilled workers. Foreign Direct Investment (FDI) up to 100% permitted through the automatic route in this sector. Industry Segments The CG industry in India is broadly divided into 9 categories including Heavy Electrical Equipment, Engineering Goods, Process Plant Equipment, Earth Moving Equipment, Dies, Moulds and Tools, Textile Machinery, Machine Tools, Metallurgical Machinery and Plastic Processing Machinery. Among these subsectors, Heavy Electrical Equipment and Engineering Goods are the largest and fastest growing sub-sectors with a market size of over Rs 1,21,000 crs and 1,16,000 crs respectively and both constitute around a 40% share each of the total output of the sector.

Industry Performance
Economic slowdown and cheaper imports resulted in a 4% de-growth in FY12 In the past five years, the output of capital goods increased at average growth rate of 14.9%. However, it de-grew by 4% in FY12. on account of economic slowdown leading to sluggish domestic industrial growth. The slowdown in infrastructure as well as key user industries strained the industry players with slowdown in order inflow, delay in taking deliveries/execution of projects and delayed bill payments. Further, the surge in cheaper capital goods import was also partly responsible for the decline in production growth in FY12, as the use of second-hand machinery is high in certain sectors.

Current Scenario
Growth has declined during the first nine months of FY13

As per use-based classification, in Apr-Dec FY13, the capital goods production declined by 10.1% as compared to a decline of 2.9% in the same period of corresponding year. Month wise, barring October, this sector has witnessed negative growth during the first nine months of the FY13.

Currently a major concern for this industry is the slow down of ordering activity because of the slowdown in the macro economy. On the supply side, the industrys output determines its investment scenario. From the past one year, the prevailing economic slowdown has lowered the investment into the sector; this fiscal, the sector has also faced some structural issues of uncertainty in coal supply and losses of state electricity boards (SEBs) have made banks weary for lending to the sector. Import and Export trend Over the past few years, the industry is facing the problem of higher imports. Imports presently address 30% of domestic demand for capital goods with the proportion being significantly higher in the critical components segment for each sub-sector. Capital goods import has increased by an average growth rate of 16% over the past five years under the free trade agreement, under which finished machinery is imported at a lower rate of import duty.

Challenges:

High factor cost: Domestic manufacturers bear higher cost structures compared to global peers. The reasons range from higher factor cost of power, taxation, delay in land acquisition, inefficiencies in manufacturing process, dispersed supply chains, duplication of facilities and lack of standardization. However, labour costs are competitive compared to other developing economies, but the productivity has not grown at a comparable rate since the past four years. Mounting pressure of cheaper imports: The sub-sectors of CG, which constitute highest share in imports, also represent lowest share in domestic industry production. The increasing dependence on imports for these subsectors is the major reason for their lowest share in total output of the industry. The rising trend of capital goods import has become a major concern for the industry. Due to the high cost of manufacturing, the import prices of second hand capital goods are par or below the ones manufactured domestically. At the same time, import duty on finished cost is lower, thereby creating an advantage for import over domestic products. Further, free trade agreement (FTA) has created undue advantages for global players seeking to tap into the Indian demand. Tax Structure and locational disadvantage: The existing tax structures, duties and regulations are not favourable for the industry as they result in higher cost for domestic manufactures. Further, the state wise difference in overall tax and duty structures also affect the domestic manufacturers. Also, as most of the domestic production plants are located far from their

suppliers, it has resulted in an increased dependence on the supply chains, leading to higher logistics costs and thereby further raising the overall cost of manufacturing. The union budget proposed considerable measures for the sector The government in the Union budget proposed an investment allowance of 15% on investment of Rs 100 crs or more during April 2013 to March 2015 in plant and machinery, additional to depreciation. Also, the budget has provided for Rs 1,400 crs for setting up of water purification plants in 2000 arsenic-and 12,000 fluorideaffected rural habitations. However, the major boost to the sector is going to be the higher allocation to the defence sector, which increased to Rs 2,03,672 crs including Rs 86,741 crore for capital expenditure including modernisation related expenditure. The government also proposed that state governments should prepare financial restructuring plans for state power distribution companies, though there were no specifications about any allocation. Production likely to remain under pressure but in the long term, expected to revive The capital goods industry derives majority of its demand from the manufacturing sector. However, the share of manufacturing sector to GDP is still low when compared to the other developing countries, which reflects a significant upside in the future a positive for the capital goods industry. The prevailing economic slowdown has impacted the domestic manufacturing activity and has lowered the industry output with a slow order inflow. In the near term, production is expected to remain under pressure because the recovery in industrial capital expenditure looks constrained; indications points towards a tough environment for order inflows to the capital goods sector. During the past few years, the industry has been struggling with high factor costs and low investments in research and technology leading to surge in capital goods imports, which has become a concern for industrial production growth. However, in the long term, the industrial production is expected to increase with the

implementation of 12th Five year plan, which focuses on some critical issues of R&D and supportive policies.

Lastly, here is the snapshot of financials and valuations of players in the capital goods industry:

Company profile:
Redson Engineers Private Limited, is one of the leading manufacturer of Turnkey for Plant & Machinery in India - Special purpose machines & equipment with PLC / CNC control, Hydraulic Presses, High Speed Mechanical Presses, Sheet Metal Working Machines, like Rotary Shearing System, Universal Auto Trimmers etc. EOT & Goliath Cranes and material handling equipment including auto loaders & retrievals Shot Blasting Plants etc. Redson established about Thirty years ago, has designed, developed and manufactured thousands of machines in various types & sizes as per specifications and quality requirements of the customers. Redson has established a market base both in India and abroad and is well known for its quality products. Redson is promoted & managed by a team of highly qualified and experienced professionals. Redson has established a vast infrastructure base and the state of the art facilities for design, development and manufacture with computer aided system to produce Plant & Machinery of international standards. VISION: To design, manufacture and supply of cost effective, quantitative, general and specific purpose machinery, industrial products and equipment meeting customer and regulatory requirements. To strive to enhance customer satisfaction through continual improvement of system, product, process and skill. To involve the employees at all levels.

OBJECTIVES:
ORGANISATIONAL OBJECTIVE:

Increase customer satisfaction improvement to 90%. Business performance improvement (30% per year). Productivity improvement (95% on all machines). Enhance skills through continual training program.

FUNCTIONAL OBJECTIVES:
MARKETING:

Business performance improvement. Customer satisfaction improvement. Delivery schedule adherence.

DESIGN:

To reduce design errors per month.

PURCHASE:

Reduce suppliers network rejections. Adherence of delivery schedules.

PRODUCTION:

Effective machine utilization. Analysis of idle hours- cost analysis.

Q.A:

Control of rework/rejection-cost & control repetive deviation.

H.R.M:

Improving the competency levels through training program -20 men per day.
STORES:

Control on non-moving items.

MAINTENANCE:

Control of breakdown hours cost.

PRODUCTS:

Special purpose machinery and equipment with PLC/ CNC controls. Complete Range of Plant & Machinery for LPG Cylinders & High Pressure Cylinders. Shot Blasting Machines Airless & Pneumatics. EOT & Goliath Cranes up to 30 Tons Capacity & Other Material Handling Systems including auto Loaders & Retrievals. PU Foam Machines for manufacture of Flexible and Rigid Foam Material. LPG Cylinders 2kg to 48kg Capacity. High pressure cylinder for Industrial Gas & CNG. Hydraulic Presses for various application upto 1500 Ton Capacity Single Action Presses C Frame. / Close Frame / Four Pillar Models. Deep Drawing Presses with Die Cushion. & with Blank Holder Power Compacting Presses.

 Floating Die Type / Static Die Type in Close Frame/Four Pillar Models. Up stroking Presses. Multi Daylight in Close Frame/Four Pillar Models Vertical Presses for Cold Forging & Hot Extrusion of Ferrous/nonferrous Metals. Horizontal extrusion presses for Solid/Hollow extrusions. High Speed Mechanical Presses up to 1500-Ton Capacity. Cross Shaft Gap Frame Presses. Open Back Presses Crankless Multipoint presses with long strokes and Die Cushion. Cold Extrusion Presses. Special Presses to customer requirement Sheet Metal Working Machines: Rotary Shears. On Line Rotary Shearing Systems Universal Auto Trimmers Hydraulic & Mechanical Shears. Hydraulic & Mechanical Press Brakes.

FACILITIES: Built up areas: Factory built up area: Administrative Building: Steel melting shop: Induction Furnace 250 Kg/hr Capacity for melting of Steel, CI Castings, Special Alloy Castings with maximum weight of single piece of 300 Kg. Sand Preparation Equipment. Heat Treatment Furnace. Shot Blasting Machine. EOT Crane 5 Ton Capacity Material Handling Equipment including Ladles, Conveyors. 150,000 Sq. ft. 8,000 Sq. ft.

Heavy machine shop: CNC Horizontal Boring Machine (Table Type) 100 dia. Spindle. Horizontal Boring Machine (Floor Type) WMW 160 dia. Spindle. X-axis 5000mm, Y-axis 1800mm, Z-axis 1100. Horizontal Boring Machine 125 dia WMW, X 6000, Y 2000, Z 1100, 3 axis DRO. Slide way Grinding Machine WMW, X 4000mm, Y 1500mm, Z 1000mm Vertical Lathe TOS Max. dia. 1200mm, Max. Height 1000mm Heavy Duty Planning Machine 8 mtrs. Stroke, 2.5metrs. x 2.5mm size.

 Heavy Duty Plano Miller 4metrs. Stroke x 1500mm x 1500mm. Heavy Duty Lathes 2 Nos. Light machine shop: Tool Ram Lathes, Kirloskar /HMT. Cylindrical Grinding Machines. Surface Grinding Machines. Milling Machines. Radial Drills 6 Nos. Misc. Equipment. Fabrication & Assembly shop: 15 Ton Capacity EOT Crane 20 Ton Capacity EOT Crane s 2 Ton Capacity Cranes 10Ton Capacity Cranes 2Ton Capacity Cranes 1No. 2Nos. 6Nos. -2Nos - 2Nos.

All Measuring & Testing Equipment. Surface Plates & Misc. Equipment. MIG Welding Machine.

 LPG Cylinder Manufacturing Plant: Guillotine Shearing Machine 41500mm On Line Rotary Shearing System (Three row) (Blanking of Circles )
Consisting of: i. ii. iii. iv. v. vi. Hydraulic Decoiler Hydraulic Straightener on Line Rotary Shears Cut Off Shear Set of conveyor power Roller Conveyor 1No. 1No. 3Nos. 1No. 1Set. 1No. 1Set

1No.

Double Action deep Drawing Hydraulic Press 200100T Capacity Vertical Twin Head Auto Trimmer 50Ton Capacity hydraulic Press for Bung Hole Punching Degreasing & Washing System with Gas/oil heating System Bung Welding Fixture & Bung Welding power Source (Bung/collar/Neck) Circumferential Welding Machine with Welding Power Source CO2 Welding Machines for Valve Shroud Welding CO2 Welding Machine & Fixture for Foot Ring Welding - 1No - 1No - 3Nos - 1No - 1set. -1No -1No - 1No

 Heat Treatment Furnace Continuous Two Row (to Operate on Continuous Basis) Shot Blasting Machine Conveyorised Metalizing Booth with Metalizing Power Source Painting Booth Drying Oven O/H Conveyor for paint Booth & Drying Hydraulic Valve Screwing Machine Digital Check Scale Hydrostatic Testing Equipment (8 Cylinder Batch testing) Pneumatic Testing Equipment Including Air Filling& Removal Burst Test Equipment Universal Testing machine computerized - 3Nos. - 1No. - 1No. - 2Nos. - 2Nos. - 1No. - 1No. - 2No. - 1No. - 1set. - 1No. - 1No.

Auxiliary Equipment & Work shop machine Air Compressor 220 CFM at 7 kg /cm2 Air Compressor 60 CFM at 12 kg /cm2 Hydraulic Roll Stamping Hydraulic Press 120Ton for Hole Punching Hydraulic Press 100Ton Capacity for J Forming Rolling Machine - 1No. - 1No. - 2Nos. - 1No. - 1No. - 1No.

Dies & Tools Deep Drawing Tooling Cylinder. -1set.

Measuring instruments

Material Handling Equipment & fabricated items 25Ton EOT Crane (8meters. Span) Set of Conveyor between stages High Pressure Cylinder Manufacturing Plant: Double Colum Band saw with conveyor CNC controlled Hot spinning Machine RHSM 165 with 260Ton Hydraulic Press Induction Heating system 200KW CNC controlled Hot spinning machine RHSM 356 upto 356 dia Cylinder 500Ton Horizontal Hydraulic Press Walking Beam type Heat treatment furnace Quenching system Walking Beam type Tempering Furnace On line Hardness Testing equipment Neck cutting & Drilling Machine CNC Lathe for upto 356 Dia Hydro Static Strech Test equipment for pressers upto 300bar -1Set -1No -1No -1Set -1No -1No -1No -1No -2Nos. -1No -1No -2Nos.

 Pneumatic Testing equipment for pressure upto 215Dia External conveyorised Shot Blasting Machine Internal shot Blasting Machine Ultrasonic Testing equipment Painting Booth Overhead conveyor Hydraulic roll Stamping Machine Value fixing Machine EOT Crane 5Ton Capacity High Pressure compressor for 215bar pressure Air Compressor Steam Boiler 800Kg capacity 60Ton capacity computerized Universal Testing Machine Impact Testing Machine Burst Testing Equipment Cooler Tower Misc. equipment -1No -1No -1No. 1No 1 Set. -1Set -1No -1No -1No -2Nos -1set -1No -1No -3Nos. -1No. -1No -1No

 Design Department: Computer Aided Design Center with following Hardware and Software. Hardware: Computer Printers Scanners Plotter (AO Size Color) - 20 Nos. -6 -2 - 1No.

o Software: Auto CAD Pro E & Misc. Office soft ware. Analytical Laboratory: Full Fledged Laboratory for material testing & analysis of Physical & Chemical analyses. C&S Determination apparatus Muffle Furnace. Single Pan Electronic Balance. Rockwell Hardness Tester. Metallurgical Micro Scope. Die Penetrate Test Kit.

FINANCIAL DATA: Balance sheet of redson engineers pvt.ltd for FY-2012

S.NO
A 1

PARTICULARS
EQUITY and LIABILITIES Share holder's Funds (a)Share capital (b)Reserves and surplus sub total

NOTE NO.
1 2

AMOUNT(IN RS.)

17479200 32744772.98 50223972.98 0

2 3

Share application money pending lot Non current liabilities (a) long term borowings (b) deffered tax liabilities sub total 3

80216855.11 5727321 85984176.11 43568591.22 19664479 466895 63699965.22 199908114.3

current liabilities (a) trade payables (b) other current liabilities (c) short term provisions sub total Total

4 5

B 1

ASSETS Non current assets (a) fixed assets (i)tangible assets (b) non current investments (c) deffered tax assets(net) sub total

6 7

65447318.8 32784416 98231734.8

current assets (a)current investment (b) inventories (c) trade receivables (d) cash and cash equivalent (e) short term loans amd advances sub total Total

8 9 10 11

25059112 35074616.3 2722320.21 38820331 101676379.5 199908114.3

Table 1

Human resource:
Redson (Unit I) Corporate 1-4-2012 (Staff) S.I No. 1 Employee Name P.G.Reddy Designation Age Month/year of joining (Redson) 1983 Qualification Experience

MD

62yrs

M.tech

P.S.Rao

Director

55yrs

1983

M.sc

3 4 5 6 7 8 9 10 11 12 13 14

P.Subhashini P.Kranthirekha P Mari Sushma D. Suguna S.S.Murthy Vijay Kumar Satyavathi SURESH Mohmmed Jhansi Parveen Kumar Hema latha

Accounts Accounts Accounts Off. ass Purchase Dept Driver Designs Accounts Desgin Marketing Purchase Desgin

32yrs 24yrs 22yrs 35yrs 50yrs 35yrs 22 Yrs 25 Yrs 50 yrs 24 yrs 30 yrs 24 yrs

2007 2008 2008 4-7-2004 2004 2005 2009 2011 2012 2012 2012 2012

B.Com B.Com B.Com B.A B.Com 10th B.sc B.Com

14yrs in services. 25yrs in business. 4yrs in services. 25yrs in Redson. 5 Yrs Experience 3 Yrs Experience 2 Yrs Experience 6 years Services 5 years exp 6 Yrs Experience 2 Yrs Experience 2 Yrs Experience 8 Yrs Experience 1 Yr Experience 1 Yr Experience Fresher.

MBA intermediate intermediate

Redson Engineers(Unit I) 1-4-2012 (Staff) S.I No. 15 16 17 18 19 20 21 22 23 24 Employee Name P.Srinivas Tripal Bhaskaramma B.Kotaraju Shantakumari Muralikrishana Kumar Gopal Arjun Thiwari Designation Age Month/year of joining (Redson) 1998 2005 1998 2005 2009 2009 2011 2011 2012 2012 10th B.sc ITI ITI diplomoa Qualification Experience

Supervisor Electrician Sweeper Watchman Attainder Store Keeper Electrician Electrician Supevisor. Watchman

35 28 55 52 29 30 25 25 23 30

Mechanical diploma I.T.I

14yrs in services 8 Yrs Experience 10 Yrs Experience 8 Yrs Experience 8 Yrs Experience 5 Yrs Experience 1 Yr Experience 1 Yr Experience 1 Yr Experience 1 Yr Experience

Redson Engineers(Unit I) 1-4-2012 (Workers)

S.I No. 1 2 3 4 5 6 7 8 10 13 15 20 21 31 32 33 34 35 36

Employee Name

Designation

Age

Month/year of joining (Redson)

Qualification

Experience

Govinda Raju Yadi Reddy Dasaradhudu Durga Prasad Srinivas C.H.Suresh S.Mohan S.Srinu Srinivas Raju Ch satish Kumari Hira K Srinivasulu Baig ( H. Boring) G. Laxmi Dass Debasis Behra Mahesh G. Sharanabhoobal Reddy S. Nageswara Rao (F) Babul (H) Ramesh Reddy ( Boring) R.V Naidu (f) K. Gopal Krishna (f) Thaneswar (h) Srinivas

Fitter Fitter Fitter Fitter Fitter Turner Welder Welder Helper Painter helper helper fiftter

45 42 38 32 33 30 35 32 35 32 31 29 39 26 30 25 25

2011 2011 2011 2011 2011 2012

Helper Helper Helper

37 38 39 40 40 41 42

Fitter Helper Boring Fitter Fitter Helper Plano Milling

2012 2012 2012 2012 2012 2012 2011

Redson Engineers(Unit II) 1-4-2012 (Staff)

S.I No. 1 2 3 4

Employee Name Md. Gouse khan Kulbhadur Durga Bhadur Yadgiri

Designation

Age

Driver Watchman Watchman Incharge

45 years 28 years 40 years 58

Month/year of joining (Redson) 1998 Jun-2000 Jun-2000 2011

Qualification 10th

Experience

Driver Security Security

diploma

Supervisor.

Redson Unit II 1-4-12 (Workers) S.I No. Employee Name Designation Age Month/year of joining (Redson) Qualification Experience

T. Praveen Kumar P. Raju Ravulamma Mahesh

25 years 26 58 years 32 yrs

Jun-1999

10th

2 3 4

2012 1999 2011

ITI

Palno milling (operator Operator Sweeper

ITI

operator

Redson Engineers(Unit 3) 1-4-2012 (Staff)

S.I No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14

Employee Name PKM Reddy Anjaiah Puspa Udayasri V.Ravi Kumar Philip Benny Chakarpani CS Raju D.Hema latha D.A Kumari M. chinnah N. satyanaryana C. Bullabbai Simhachalam

Designation

Age

Month/year of joining (Redson)

Qualification

Experience

Director Gardner Sweeper Chaser Electrican Manager supervisor Contractor house keeping house keeping

48 50 35 24 35 56 28 49 32 30 45 43

B.A

10 yrs 5 yrs 6 yrs

Inter B.sc b.tech

1.5 yrs 4 yrs 6 yrs 4 yrs 3 yrs 2 yrs 2 yrs 3 yrs 2 yrs 4 yrs 4 yrs

Electrician Electrician

29 31

Redson Engineers(Unit III) 1-4-2012 (Workers)

S.I No. 1 2 3 4 5 6 7 8

Employee Name L.B.K.Raju B.H.Ramesh Chinnaiah V.Ramesh Joji M.Sekhar C.Suresh M.V.Rao

Designation

Age

Fitter Fitter Fitter Turner Fitter Turner Painter P.Milling.M

42yrs 44yrs 46yrs 45yrs 38yrs 38yrs 29yrs 32yrs

Month/year of joining (Redson) Dec 2003 Dec 2003 Dec 2003 Mar 2005 Dec 2003 Jan 2007 May 2004 Dec2005

Qualification

Experience

ITI ITI ITI ITI ITI ITI 10th class 10th class

13yrs

9 10 12 13 14 15 16 17

P.Srinivas Reddy CH.V.Rao K.Bala Raju R.V.Reddy Gopi N. Krishna Teja Manju

Operator Boring(OP) Fitter Lathe Fitter Electrician Grinding milling

23yrs 23yrs 36yrs 33yrs 40yrs 24yrs 34yrs 36yrs

Jan 2005 Mar 2006

10th class ITI ITI ITI 10 10 10 10

2 1 2

S.I No. 18 20 21 22 23 24 25 26 27 28 29 30 31 32 33

Employee Name Sirisha D. Raju E. Veerachary Gopi C.H. Mohan Chandrakala Sudhirsha Gour das Suman Hari Hara Das Mary J Nagarani Babuudhas T.suguna Venu Gopal ( F)

Designation

Age

Milling Helper Helper Helper boring drilling helper helper helper fitter milling helper fitter sweeper

32 36 41 39 38 31 32 32 29 29 31 30 30 32 33

Month/year of joining (Redson) 2008 2009 2007 2007 2008 2008 2009 2009 2009 2008 2008 2008 2010 2010

Qualification

Experience

10 10 inter 10 9 10 10 10 ITA 10 8 6 10

2 yrs 2 yrs 2 yrs 2 yrs 4 yrs 1 yrs 1 yrs 1.5 yrs 1.5 yrs 1 yrs 3 yrs 1 yrs 1 yrs

Power HT Connection 200KVA at Unit II HT Connection 180KVA at Unit III HT connection 200KVA at Unit IV

Major clients for Redson:

M/s. East Africa Spectre Limited, Mombasa Road, P.O.Box 78050, NAIROBI-KENYA. M/s. KKB Engineering Berhad, Lot 865, Section 66, Bintawa Industrial Estate, Jalan Kilang, 93450, Kuching, Sarawak, MALAYSIA. M/s. Keloil SDN BHD, Tingkat 9, Bangimmam Pkink, Jalan Tengku Maharani, 15000, Kota Bharu, Kelanlan Darulnains, MALAYSIA. M/s. Elco Industrial & Trading Co.LLC, P.O.Box 1673, Ruwi, PC 112, SULTANATE OF OMAN. M/s. Bejana Kencana, JL Raya Bekasi KM 23, 9 Cakung, JALARTA TIMUR, INDONESIA. M/s. Saudi Steel Products Factory, Dammam, SAUDI ARABIA.

M/s. Cerabel SPRL, 23-27, Rue Du Fourneau, B 6747, Chatilllon

M/s. Arrowtech Pvt.Ltd., GPO Box 1890, 6/607, Shukrapath, Kathmandu

M/s. TK Gas & Gas Cylinders Ltd., 83, Khatungonj, Chittagong, BANGLADESH.

M/s. Karnafully Steel Mill Limited, 83, Khatungonj, Chittagong, BANGLADESH.

M/s. Bengal Sack Corporation M/s. Cylingas Company LLC, Limited, P.O.Box 5698 83, Khatungonj, Dubai Chittagong, U.A.E. BANGLADESH. M/s. Alnasiah Eng. & Trading Co., P.O.Box 961905, Amman 11196, JORDAN. M/s. Pressure Vessels Limited, M/s. Al Rashed Fasteners & Engineering Fabrication Services, P.O.Box 185, Akhobar 31952 KINGDOM OF SAUDI ARABIA. M/s. Simon Hartley & Ashbrook Corporation,

Makindu Road, Opp. Sanyo, Off Main Warehouse (ASH), Lunga Lunga Road, Industrial Area, P.O.Box. 40595 NAIROBI. 11500 East Hardly, Houston, TX 77093

M/s. Advico,

M/s. Petrolimex gas company,

CI Castings, Unit 21, Two Gate 775, Giai Phong Street, Trading Tamworth, Staffs B775 AE:UK. M/s. Auscar Engineering Services M/s. Lefkaritis Industries Limited, Pvt. Ltd., 762/1, Prince of Wales Avenue, Colombo-14 SRILANKA. P.O.Box 40162, Larnaca Cy 6301 CYPRUS. Estate,Two Gates, Hanoi, Vietnam

M/S. United Arab Gas Co, LLC M/s. Haifa Industrial Services, Co. LLC P.O.Box 32758 Al Ghail Ind. Area Ras Al Khaimah, United Arab Emirates AlGhali Industrial Area P.O.Box 1318 P.C. 112 Ruwi Sultanate of OMAN

M/S.

LORRAINE M/S. Global Steel Industries FZCO, EQUIPMENT GENIE CHINIQUE, PAGNY SUR MOSELLE Jebel Ali, 54530 FRANCE. DUBAI U.A.E.

CARBONE

Govt. of India Organisation: Ordance Factory, Medak Dist A.P Ordance Factory. Dum Dum, Calcutta. Eastern Railway, Calcutta Central Organisation for Modernisation of Workshops, Railway offices Complex, Tilak Btidge New Delhi. Advanced systems Laboratory (DRDO) P.O. Kanchanbagh, Hyderabad-58 International Advanced Research Centre Balapur (O.P) Hyderabad-05 Nuclear Fuel Complex Dept of Atomic Energy ECIL Post, Hyderabad.-62 Indian Space Origination Srihari Kota. Department of Atomic Energy (Heavy water Plant.) Manuguru Plant. DMDE, Hyderabad

Public sector companies: M/s. Bharat Heavy Electricals Limited, Ramachandrapuram, HYDERABAD. M/s. Bharat Heavy Electricals Limited,2nd Floor, Adm.Building, P.O.Piplani, BHOPAL 462 022.

 M/s. Bharat Heavy Electricals Limited, P.O.BHEL, JHANSI 284 129. M/s. Bharat Heavy Electricals Limited, HARWADAR.

Bharat Heavy Electricals Limited, Ranipet, TAMILNADU.

M/s. Balmer Lawrie & Co.Ltd.,P-4/1, Oil Installation Road, Paharpur,CALCUTTA. M/s. Hindustan Aeronautics Ltd. ,NASIK. M/s. Praga Tools Limited, F&F Division, Balanagar, HYDERABAD. Hyderabad Allwyn Limited, Allwyn Bhavan, Sanathnagar, HYDERABAD. M/s. Bharat Dynamics Limited, Kanchanbagh, HYDERABAD. Mishra Dhatu Nigam Ltd., etc. HYDERABAD. Bharat Pumps & Compressors Ltd., Naini, ALLAHABAD. Private sector companies: Crompton Greaves Limited,1,Kanjur, Bhandup, BOMBAY 400 078.

 Hawkins Cookers Limited, Phagwara Road, P.O.Box 19, HOSHIAPUR 146 001. Oriental Abrasives Limited, SP-148/A, Industrial Area, Bhiwadi, RAJASTHAN. Bengal Cylinders & Containers Limited, Todi Mansion,P-15, India Exchange Place Extn. , CALCUTTA. Konark Cylinders & Containers Limited,Plot No.1, Saheed Nagar, BHUBANESWAR 751 007.

Balaji Pressure Vessels Limited, IDA, Jeedimetla, HYDERABAD-500 055. Karnataka Pressure Vessels Pvt.Ltd.,20/1, 1st Floor Silver Jubilee Park Road,BANGALORE 500 002. Saboo Cylinders Limited, Kala Amb,HIMCHAL PRADESH. Mauria Udyog Limited,602, Chiranjiv Tower,43, Nehru Place, NEW DELHI 110 019. J.R.Fabricators Limited, 338, Halol Board Road,. HALOL 389350 (GUJARAT). Suburban Industries Limited, Chandaka Industrties Complex, Sector-B, Patia, BHUBANESWAR 751 037.