Milestones
➣ Started establishing Wind tower manufacturing
facilities for Wind Energy with an initial capacity
of 126,000 MT annually.
➣ Established Torque tube manufacturing facility for
Solar Energy at Tarapur, India.
➣ Karamtara become the only player in India
manufacturing three major products in Solar Energy
segment.
➣ Became one of the largest exporters of Solar
structures to North America
➣ Started manufacturing of Solar Beams at Tarapur, India
➣ Solar ‘W Beams / Wide Flange Beams / Piers’
➣ Commencement of Solar Module Mounting Structure Manufacturing.
➣ Government of Maharashtra - Sales Tax Department awarded Karamtara for its contribution in Sales Tax to Maharashtra State.
➣ Central Excise and Service Tax Department awarded Karamtara for its Consistent Contribution to Nation Building.
➣ Launched 100% subsidiary named Karamtara Gulf DMCC, Dubai to cater to Middle East & African region.
➣ PGCIL awarded Karamtara with Excellence Award for supply of Towers.
➣ Karamtara Engineering Pvt Ltd external credit rating of the company has been upgraded from BBB+ to A- and for short term it has been upgraded from A2+ to A1 by ICRA.
➣ Commencement of Operations of Hardware Fittings & Accessories Plant in Tarapur - Approved by PGCIL in 765kV ratings.
➣ Set up full-fledged manufacturing capacity for manufacturing of Overhead Transmission Line Hardware Fittings & Accessories in Tarapur, India.
➣ Touched Rs.10 Billion turnover equivalent to around USD 200 Million/ Euro 150 Million.
➣ Acquired 100% ownership in an Italian Company having manufacturing plant near Milan for Hardware and Fittings.
➣ Launched 100% owned Subsidiary named Karamtara Italy S.r.l. in Italy for International expansion.
➣ Signed Technology Licence Agreement with Wise Control, South Korea for design & manufacture of Spacer Dampers, Conductor Accessories & Hardware Fittings.
➣ Acquired 100% ownership in Steel Rolling Mill in Nagpur to cater to steel angles requirements of Central India.
➣ Ventured in 765 kV class of Transmisison Line Towers.
➣ Set up manufacturing facility at Tarapur for manufacturing of Hot Rolled (High Tensile and Mild) Structural Steel to cater to entire T&D Sector.
➣ Addition of first ever ceramic lined galvanizing furnace for fasteners galvanizing in India.
➣ Entered into manufacturing of Telecom Tower and catered to almost all prestigious players in Telecom Sector.
➣ Set up manufacturing facility at Tarapur for manufacture of high quality Mild Steel Fasteners, nuts & bolts, washers, antitheft nuts etc for Power Transmisison & Telecom Industry.
➣ Founded flagship Company named Karamtara Engineering Pvt. Ltd. by setting up Transmission Line Tower manufacturing facility in Tarapur, Maharashtra, India.
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