- CEO
- Mahender Singh Arora
- Full Time Employees
- 1,628
- Sector
- Producer manufacturing
- Industry
- Metal fabrication
- Address
- 10th Floor, Times Tower Mumbai MA India 400013
- IPO Date
- Apr 1, 2016
- Business
- Bharat Wire Ropes Limited manufactures and supplies a comprehensive range of steel wire ropes, slings, strands, and specialized wire ropes for industrial and commercial applications. Its product portfolio includes structural wire ropes such as drive, governor, hoist, and spiral strand ropes primarily used in elevators, cranes, and heavy machinery. The company serves diverse industries including oil and gas, mining, construction, and defense, with its products exported to over 65 countries worldwide. Bharat Wire Ropes operates a state-of-the-art manufacturing facility in Chalisgaon, Maharashtra, equipped with advanced machinery and technology, reflecting an $80 million investment to meet global quality standards and production efficiency. Founded in 1986 and headquartered in Mumbai, the company positions itself as a leading Indian manufacturer and exporter of wire ropes.
Recent major developments include a strategic five-year partnership with Bridon Bekaert Ropes Group Ltd, a global leader in high-end ropes, whereby Bharat Wire Ropes supplies various rope configurations to Bridon Bekaert while representing them in India for special ropes outside Bharat’s manufacturing range. The company has also seen ownership changes, with Gaji Mercantile Ltd acquiring Bharat Wire Ropes, marking a new phase of growth with plans for a greenfield expansion and a targeted revenue increase to Rs 300 crore within two years. Bharat Wire Ropes has also modernized its production capabilities with new facilities starting commercial production in 2017, focusing on ramping up capacity utilization and expanding its presence in both domestic and export markets including Europe, China, the Middle East, and South Africa. The company continues to innovate in product design and expand its global market footprint while maintaining a strong emphasis on quality, custom solutions, and customer satisfaction.