H. D. Wire Private Limited was established in the year 1988 and is now a recognized name in the manufacturing, supply and trading of unlimited compilation of galvanized wires and cables. The company’s product portfolio includes cable armor wires and strips, galvanized steel wires, high carbon steel wires, M S and galvanized binding wires and weld mesh. H. D. Wire’s Indore plant consists of a wire rod storage area, pickling lines, wire drawing machines, annealing furnaces and patenting lines, fine wire drawing machines, galvanizing lines, packing areas and loading stations, as well as finished goods storage areas. In a recent interaction with Wire & Cable India, Mr. Dilip Dev, Managing Director, H. D. Wire Private Limited, shared the company’s journey, specialized products and their USP, recent developments at the company, manufacturing capabilities, as well as his thoughts on the current scene of the steel wire industry and how the company is working to overcome the challenges.
“ Total installed capacity in India for wires is estimated at 5 MMT and the plain carbon steel accounts for 4.4 MMT. The average growth for the wire industry is at 5% per annum. ”
Wire & Cable India: Could you please take us through the business journey, milestones and achievements of your company?
Dilip Dev: Established in the year 1988, H. D. Wire Private Limited, is one of the eminent manufacturers, suppliers and traders of an unlimited compilation of galvanized wires and cables. Our product collection encompasses flat cable armoring wires, round cable armoring wires and aluminum conductor steel reinforced, which are proffered in a diversified range of specifications, to cater to the several demands of our esteemed purchasers in the business. Named as one of the preferred choices in the business, our company has reached great success heights, in the past decade. Backed by a magnificent infrastructure facility and an efficient team, which stand as our biggest support in attaining the various organizational objectives, along with the client satisfaction, our company is quite popular. Equipped with a series of machines, tools and equipment that help us with the obstruction-free production, storage and loading and unloading of the proffered assortment, our infrastructure is extremely spacious. Furthermore, we are based on the foundation of moral values & principles and involve in transparent and ethical business dealings only.
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WCI: Brief us about your specialized products along with their USPs.
DD: Our product portfolio includes cable armor wires and strips, confirming all major world standards. Our galvanized steel wires have a narrow size tolerance and uniform physical properties throughout the length. We also provide high carbon steel wires with wider size range from 0.27mm to 10.00mm, narrower control on physical properties and dimensions and confirming to all major world standards. Our M S and galvanized binding wires have consistent wire diameter resulting in higher length per unit weight, as well as uniformly soft and available in attractive packing of 5 kg, 10 kg and 25 kg. These wires are made for various segments like infrastructure, agricultural & low cost housing security. We also manufacture weld mesh, which is made available in galvanized varieties also.
WCI: What have been the recent developments at your organization and what are your future growth plans?
DD: Currently, our focus is on increasing the volumes vertically and concentrating on products where our acceptance is higher. Our focus is also to add new value added products that can be made from wires we manufacture in-house. This will result in in-house consumption and also result in higher margins, that is, entry into the fencing products segment.
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WCI: Share with us about your major projects and clientele you are catering to.
DD: In the power segment, we cater to companies like Apar Industries, L&T IDPL, Gupta Power, Havells, Polycab, Finolex, KEI, Torrent Power, and many others. We also serve the auto ancillary industry, to companies like Suprajit, Ramsons and Acey. We supply galvanized wires to the dedicated retail network in Gujarat and Maharashtra.
Moreover, we supply weld mesh to Megha Engineering, Koya & Co., L&T , Welspun, and others.
WCI: Describe your infrastructure and manufacturing setup for the steel wire sector along with their manufacturing capabilities
DD: We have major following operations in our plant at Indore. The Indore plant consists of a wire rod storage area, pickling lines, wire drawing machines, annealing furnaces and patenting lines, fine wire drawing machines, galvanizing lines, packing areas and loading stations, as well as finished goods storage areas.
“ For the year 2021, the steel production for the world was at 1911.9 million MT with China producing 1032 .8 MMT followed by India at 118.1 MMT. ”
WCI: Please share your views on the Indian vis a vis the global steel wire industry. What is the role of the Indian government in the growth of this sector?
DD: For the year 2021, the steel production for the world was at 1911.9 million MT with China producing 1032 .8 MMT followed by India at 118.1 MMT. Per capita consumption of steel stood at 228 kg for the world, and 691 kg for China. The same for India was 70 kg. Out of the total steel consumed in India the wire accounts for 5%. Total installed capacity in India for wires is estimated at 5 MMT and the plain carbon steel accounts for 4.4 MMT. The average growth for the wire industry is at 5% per annum.
WCI: What are the major ongoing challenges in the Indian steel wire industry? How is your company contributing towards addressing these challenges?
DD: Major challenges, as per us, are lack of modernization, lacking in “scale of economy”, availability of skilled manpower and lack of research and development activities. At the same time, higher logistics cost also accounts for higher landed cost at the consumer’s end. At our end, we are trying to address the issues by rationalizing the product mix, concentrating on our core competency and trying to consolidate and strengthen our market shares in the chosen areas. We are also going for value added products and forward integration in selected areas.
