India's wire rope leader strengthens global grip as profits surge
India, May 31 -- Usha Martin Limited headquartered in Kolkata is one of India's leading manufacturers of wire ropes and specialty steel wires catering to the mining, oil and gas, construction, ports, elevators and the infrastructure sector. Usha Martin was founded in 1960 in collaboration with Martin Black (UK) as a wire rope manufacturing unit and today it has grown into one of the world's largest wire rope producers with a strong focus on high-performance solutions.
The company has a dominant 60% market share in India's wireless rope segment. Usha Martin underwent a significant transformation over the last decade by reducing its exposure to commodity steel operations and started to focus on high margin value added products such as spec...
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