Incorporated in the year 1937, Mukand Iron & Steel Works Limited, was acquired by the present promoter families, Shri Jamanlal Bajaj and Shri Jeevan Lal Shah, on the behest of Mahatma Gandhi in the year 1939. The Company then operated re-rolling mills and a foundry in Lahore and at Reay Road, Bombay respectively.
The Company was rechristened Mukand Ltd.in the year 1989 and had grown to become a multi division, multi product conglomerate. Today the company’s products reach across the globe feeding a variety of industries.
Mukand Ltd. is a multi division, multi product conglomerate involved in the manufacture of specialty steel long products and heavy machinery.
With manufacturing facilities in Thane, Maharashtra and Hospet, Karnataka, Mukand produces over 400 grades of specially engineered steel to suit stringent customer requirements in sizes ranging from 5 mm to 160mm in the form of bars, bright bars, wire rods and wires.
Mukand’s alloy steel is widely used in the automobile and auto component industry for products such as fasteners, bearing transmissions, crankshaft, steering components, suspension springs, fuel injection equipment, including common rail diesel injection systems, braking systems, drive axle mainly velocity joints, seamless tubes etc..
The Company also exports its stainless steel products to developed and developing countries such as : The United States of America, Germany, Italy, the Netherlands, Switzerland, United Arab Emirates, Japan, Korea, Hong Kong, Taiwan, Vietnam, to mention a few.
Mukand is also in the business of design, manufacture, assembly and commissioning of industrial machinery, heavy duty cranes and bulk material handling equipment. The company under takes execution, supervision and commissioning of industrial and infrastructure projects, manufacture of heavy machinery for process plants in ferrous and non ferrous industries and turnkey projects.
Mukand Ltd is part of the Bajaj Group of companies, one of the most dynamic business groups in India, with Bajaj Auto Ltd being the flagship company of the group. The group has substantial manufacturing and marketing interests in diverse fields including two and three wheel vehicles, home and electric appliances.