Mumbai, India – Rudra Global Infra Products Ltd, a BSE-listed company and part of Rudra Group, has taken two significant steps to expand its operations on a larger scale. The company has established a subsidiary in the defence and aerospace sector as well as opened RudraMart in order to expand its construction and infra business.
Rudra Aerospace and Defence Pvt Ltd is a subsidiary of the company and will serve the country’s rapidly growing defense space and aerospace sector in the country. According to market experts, it demonstrates the management’s commitment to moving the company into a more innovative and better space.
A team of young entrepreneurs and experienced veterans promotes Global Rudra Global. The group began in 1991 with a steel re-rolling mill with a monthly capacity of 1000 MT. The group now operates in a variety of industries, including ship recycling, construction cement, ACC blocks, industrial pipes, TMT bars, and casting services. It has also opened RudraMart to sell all construction-related products and materials in order to take the company to the next level in the construction and infrastructure business.
The company reported strong FY22 results, with a profit of INR 8.43 crore compared to a loss of INR 30.51 crore on 47.45 percent higher sales of INR 350.64 crore.
Image Source: Rudra Global Infra Products Ltd