Chairman Speech

A Message from the Promoter and Director

Esteemed Stakeholders, Valued Customers, Trusted Partners, and Respected Employees, it is with immense pride and deep responsibility that I address you today, reflecting on our collective journey and the milestones we’ve achieved. As a first-generation player in the Steel and Iron Industry, the path OCL Iron & Steels Limited has carved is a testament to our commitment to nation-building and industrial excellence. OCL Iron & Steels Limited stands not just as a company, but as a symbol of India’s growing self-reliance in the Global Steel Market.

The Steel Industry plays a critical role in India’s economic growth, contributing significantly to employment, infrastructure, and industrialization. India is now the world’s second-largest producer of Steel and the industry continues to grow rapidly due to urbanization, infrastructure demand and an expanding industrial base. However, challenges such as rising raw material costs, fluctuating global prices and the need for sustainable practices remain. In this dynamic landscape, OCL Iron & Steels Limited strives not only to overcome these challenges but to turn them into opportunities.

Founded with a vision of a self-reliant India, OCL Iron & Steels Limited has evolved alongside the Indian steel industry. India has become a global player in steel production and we have been at the forefront of this transformation. Our commitment to world-class quality, technological advancements and meeting the needs of both domestic and international markets has made us one of India’s leading steel producers, with an annual production exceeding 1.5 million metric tons.

We align our vision with the increasing demand for high-quality steel in sectors such as construction, automotive, infrastructure and manufacturing - sectors essential to India’s future growth. As demand for infrastructure rises, from smart cities to high-speed rail, OCL Iron & Steels Limited is committed to supplying steel that meets these ambitious goals. Through continuous investment in research and development, we stay at the cutting edge of technological innovations, ensuring that we not only meet the demand for steel but set new standards in quality and efficiency.

At OCL Iron & Steels Limited, integrity, quality, and responsibility are the cornerstones of our values. We adhere to the highest ethical standards, ensuring every decision, partnership, and product reflects our commitment to excellence. This dedication extends to our employees, partners, and the communities we serve. We believe that the success of any organization lies in the empowerment of its people. That’s why we focus on professional development, continuous learning, and a culture of inclusivity and open communication. Every member of the OCL Iron & Steels Limited family is recognized and valued for their contributions, fostering a strong sense of ownership and pride.

We fully support the Indian government’s initiatives such as Atmanirbhar Bharat and Make in India, which provide an excellent framework for us to strengthen our capabilities. These initiatives accelerate industrialization and enhance domestic production and OCL Iron & Steels Limited is dedicated to playing a pivotal role in India’s self-reliance in steel manufacturing. Sustainability is a priority for OCL Iron & Steels Limited. We recognize the importance of environmentally conscious production practices and have implemented several green initiatives aimed at reducing our carbon footprint.

From producing steel for a single customer in 2006 to serving over 600 dealers and millions of satisfied customers today, our journey is one of resilience and unwavering excellence. We are committed to using cutting-edge technologies that minimize energy consumption, reduce emissions, and promote recycling. Our approach to sustainable steel production ensures that growth does not come at the expense of the planet.

As the demand for advanced steel grades rises, particularly in sectors like automotive and heavy engineering, OCL Iron & Steels Limited remains poised to lead in these segments through continuous innovation. The coming decade will be crucial for the Indian steel industry, and OCL Iron & Steels is ready to meet these challenges, setting new benchmarks in product quality, technological advancement, and customer service.

In conclusion, OCL Iron & Steels Limited is more than just a business; it represents the dreams and aspirations of a self-reliant India. As we continue our journey, we remain dedicated to providing our customers with the highest quality products, building strong relationships founded on trust, and contributing to the growth of the Steel Industry in India and beyond.

Thank you for your continued trust and support. Together, we will shape the future of Steel in India and the world.

Best regards,
Manish Khemmka
Promoter and Director
OCL Iron & Steels Limited