thyssenkrupp Electrical Steel India

thyssenkrupp Electrical Steel India

Innovative electrical steel solutions enhancing energy efficiency across global industries.

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$482m

Valuation: $482m

Acquisition
Total Funding000k
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Thyssenkrupp Electrical Steel India Private Limited, originally established as Raymond Steel in 1995, specializes in the production of electrical and carbon steel. Located in Nashik, India, the company serves a diverse range of industries worldwide, including automotive, household appliances, packaging, and energy sectors. The business model focuses on manufacturing high-performance, energy-efficient products, particularly grain-oriented electrical steel, which is crucial for producing energy-efficient transformers. This aligns with global energy needs and environmental directives, such as the EU Ecodesign Directive, aimed at reducing CO2 emissions. Revenue is generated through the sale of these specialized steel products to industrial clients seeking to enhance their energy efficiency and sustainability. The company is committed to continuous improvement in product quality and process efficiency, supported by its ISO certifications in quality, environment, occupational health, and energy management. Keywords: electrical steel, energy efficiency, grain-oriented, transformers, automotive, sustainability, CO2 reduction, ISO certified, global industries, high-performance.

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