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Pact Industries Limited

PACT INDUSTRIES ranks amongst the leading suppliers of steel products from India. We have mastered the art of making best of steel, ranging from mild steel to tool steels. Our broad portfolio of steel products include Billets & Ingots, Steel Rounds, Wire Rods, and more used in several industrial applications. PACT INDUSTRIES is one of the most modern stainless steel mill in the world, employing a range of sophisticated steel making technologies. It produces around 80,000 tons per year in most austenitic, ferritic, martensitic & duplex grades of Stainless steel, in a broad range of high-quality finished and semi-finished products which find wide ranging applications in various Industrial Sectors. The company boasts of three state of the art manufacturing units located in Ludhiana, while other plants are already in the advanced stages of completion. And owing to the latest engineering technology, we have been able to consistently maintain the standards of excellence in the business. Our world class infrastructure is equipped with the cutting edge technology for refining and rolling of industrrial steel products. We have been supplying high quality steel products to rerollers, forges and original equipment manufacturers in a wide range of sizes Our R&D have always kept us at the forefront of the industry by designing innovative range of cost-effective products. We follow a well defined quality management system to ensure national as well international standards of quality. Every batch of products is individually tested on different parameters such as hardness, metallurgical structure and ultrasonic requirements. We believe in maintaining an everlasting relationship with our clients by providing steel products and services second to none in the industry.

Factsheet

Basic Information

Nature of BusinessExporter and Manufacturer
Additional BusinessTrader
Legal Status of FirmLimited Company (Ltd./Pvt.Ltd.)
Annual TurnoverRs. 50 - 100 Crore

Statutory Profile

Import Export Code (IEC)30940*****
GST No.03AAACP9830G1ZL
CIN No.L18101PB1993PLC013193

Our Infrastructural Facilities

We posses world-class facilities for melting, rolling, finishing, heat treatment and galvanization of different grades of steel. The advanced manufacturing facilities enable us to execute bulk orders within the stipulated time frame. We also have our own captive power plant that provides uninterrupted power supply for consistent production process.

Since, product quality is the core of the company, we have in-house laboratory equipped with comprehensive testing and inspection facilities. All the products like alloy steel rounds can be tested on different chemical as well physical parameters to ensure that that they comply with International standards.

Quality Policy

The ultra-modern production facilities used at PACT INDUSTRIES ensure the highest quality standard demanded by its customers. These facilities are supported by precise input data and work schedules tailored to the individual customer’s specifications, and by continuous ongoing quality checks of all features relevant to the particular order.

Aim / Vision / Mission

Vision

Our people, by fostering team work, nurturing talent, enhancing leadership capability and acting with pace, pride and passion. Our offer, by becoming the supplier of choice, delivering premium products and services, and creating value for our customers. Our innovative approach, by developing leading edge solutions in technology, processes and products. Our conduct, by providing a safe working place, respecting the environment, caring for our communities and demonstrating high ethical standards.

Mission

Consistent with the vision and values of the founder Pact Industries Ltd, Pact Industries strives to strengthen India’s industrial base through the effective utilization of staff and materials. The means envisaged to achieve this are high technology and productivity, consistent with modern management practices.

Corporate Governance

Corporate governance (CG) is one of the most talked about topics in business, indeed in society, today. A Google search revealed 513 news citations during a single week in June 2006. Most academics, business professionals, and lay observers would agree that CG is defined as the general set of customs, regulations, habits, and laws that determine to what end a firm should be run. Much more fraught, however, is the question: “what defines good corporate governance.

It is clear that CG exists at a complex intersection of law, morality, and economic efficiency. Less clear, however, is the extent to which current MBA education reflects that complexity. CG is usually not a distinct academic discipline, but integrated into other courses. Considering that issues of executive compensation, financial scandals, and shareholder activism are all tied up with CG, its teaching is a topic worth investigation.
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