Our goal is to drive innovation and excellence in concrete technology.
Ajax Engineering has seen a remarkable increase in operational revenues, with a 50.81 per cent jump to Rs 1151.13 crore in FY23 compared to Rs 763.29 crore in FY22.What factors do you attribute to this substantial growth, and how does the company plan to sustain and further accelerate this upward trajectory in the coming years?
We grew by more than 50 per cent. Our growth can be attributed to several factors. Firstly, we have a dedicated team committed to excellence. Secondly, the favorable economic environment in India has provided us with opportunities for expansion. Additionally, our reputation for quality, reliability, and customer satisfaction has helped us maintain a loyal customer base and achieve significant growth.
What sustainable practices and initiatives has the company adopted in its manufacturing processes, and how does it align with Ajax’s broader corporate sustainability goals?
At AJAX, we prioritise responsible practices, ensuring compliance with regulations and a focus on sustainability across our operations, products, and customer engagements. We maintain high standards in our manufacturing processes, adhering to legal requirements while constantly innovating towards sustainability.
Ajax Engineering has ventured into 3D printing technology for infrastructure development. How does the company envision leveraging this technology to revolutionise construction processes, particularly in mass housing segments?
Our foray into 3D printing technology represents our commitment to innovation and advancement in the construction industry. We recently participated in a government-funded project in Mohali, showcasing the potential of 3D printing in construction. This technology offers efficiency, precision, and sustainability benefits, and we aim to leverage it further in various projects, including housing developments.
You raised an interesting point about the absence of major Indian players in the construction machinery market. Why do you think this gap exists?
Historically, the construction machinery market in India has been relatively small compared to other sectors. Limited profitability and opportunities may have deterred major players from investing in this space. However, with the changing landscape and increased demand, there is potential for Indian companies to make significant strides in this industry.
Let’s talk about AJAX Engineering’s export plans. How do you envision your international presence evolving?
We have made significant progress in expanding our international footprint, with a presence in over 45 countries. Our focus remains on delivering quality products and building strong partnerships globally. We aim to further strengthen our export capabilities and establish AJAX as a leading player in the global market.
Could you tell us more about AJAX Engineering’s School of Concrete?
The School of Concrete reflects our commitment to education, research, and skill development in the concrete industry. Located in Bangalore, it serves as a hub for training and knowledge exchange, with experienced faculty and state-of-the-art facilities. Our goal is to drive innovation and excellence in concrete technology through continuous learning and collaboration.