INDEF BUZZ – Dec’24
Welcome to the 29th edition of INDEF BUZZ!
In this month’s “Herculean Speaks,” our leadership reflects on a year of remarkable progress and resilience. Key achievements include the seamless demerger of Hercules Hoists Limited and Indef Manufacturing Limited, a move that strengthened our organizational focus and positioned us for growth. The integration of the Swift brand further expanded our product portfolio, capitalizing on its reputation for quality and customer trust. These milestones align with our commitment to sustainability, innovation, and operational excellence, ensuring a solid foundation for 2025.
In the “ABP Speaks” section, we feature Universal Enterprises, an enduring Authorized Business Partner of Bajaj Indef since 2000. Led by Mr. Varun Bakshi, the company embodies a legacy of trust, excellence, and collaboration. Universal Enterprises’ steadfast commitment to delivering quality solutions has strengthened our partnership over the years, highlighting the mutual growth and shared values that define our collaborations.
Our “Customer Story” this month focuses on Kibos Sugar & Allied Industries Limited, a leader in Kenya’s sugar industry. Factory Manager Mr. Vinod Kumar expressed his satisfaction with the reliability and performance of our solutions, underscoring our commitment to delivering high-quality material handling equipment tailored to customer needs.
In “Indef Updates,” we share several significant developments. One of the key highlights is the inauguration of a state-of-the-art Crane Load Test Facility at our Chakan plant. This facility, capable of testing cranes with capacities of up to 80 tonnes, marks a major step forward in ensuring operational safety and efficiency. We also proudly celebrate our success at the 38th National Convention on Quality Concepts (NCQC 2024), where Bajaj Indef secured the Excellence Award among 650 competing teams.
Another initiative is the “Path to 500 Crores” leadership training program, aimed at empowering our leadership team with the skills and mindset needed to achieve ambitious growth targets.
The festive season brought added cheer as Bajaj Indef locations celebrated Christmas with enthusiasm, including a Secret Santa gift exchange and a drawing competition on the theme of food wastage awareness. The month also saw Technocrats Sales & Services Pvt. Ltd. representing Bajaj Indef at the 14th Engiexpo 2024 in Gujarat, showcasing our material handling solutions and strengthening our presence in the industrial sector.
The “Industry Trends” section provides insights into groundbreaking advancements across various sectors. India’s first subsidized waterway cargo service, aimed at promoting eco-friendly and economical transportation, marks a significant step forward in logistics. The country’s coal production reached a historic milestone of 997.83 million tonnes in FY24, with plans to achieve 1.5 billion tonnes by 2030, reflecting robust growth in the energy sector. These updates, among others, demonstrate India’s forward momentum.
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