Gurugram / New Delhi, 19 April, 2023: Kamdhenu Ltd., India’s largest manufacturer and seller of branded TMT bars in the retail market, announced its business strategy to enhance its market share of Wirebond products in the domestic market. Wirebonds are an integral part of modern construction that plays a crucial role in ensuring structural strength and integrity of buildings. As per the strategy, the company is planning to enhance 50% of production capacity of Wirebond in the coming two years.
The company has currently 6 manufacturing units of Wirebond product with the production capacity of 25000 MT per annum across the country under its Asset light franchisee model. To achieve the targeted increase in production capacity, the company will increase additional lines in the existing manufacturing units and also add more new franchisee units to its network.
Mr Sunil Agarwal, Director, Kamdhenu Limited said, “The demand for wirebond is closely linked with demand for TMT bars as their usage is complementary to each other. The strong focus on infrastructure creation coupled with rise in demand for housing presents an exciting growth opportunity for construction steel and wirebond. We are investing in capacity enhancement to meet current and emerging demand for wirebond in the country. Our strong focus on cutting edge R&D for product improvement and innovation has helped us in responding to market demand and requirements, we will continue to offer best products at affordable price keeping in mind the preference and requirement of our customers.”
Kamdhenu Wirebond products are ISO 9001:2015 approved international standard product that are manufactured using best quality raw material and ultra-modern technology. They are put through strict test in ultra-modern laboratory before release to the market. Available in standard gauge and sizes, Kamdhenu Wire has good finish, provides safety and is easy to wind. They are ideal for binding TMT bars as they are split proof ensuring long bonding and savings on cost and labor.