Tekno Valves announced Growth Plans Targeting 200 Crore INR Annual Turnover
News Desk, News Nation 360 : Tekno Valves, India's leading manufacturer of high-pressure gas cylinder valves, has projected a turnover of Rs 200 Crore by 2024-25. Tekno Valves has invested Rs. 15 crores in plant and machinery in 2021. The current capacity to manufacture 1.2 million valves per year will be scaled to 1.5 million by the end of December 2022 through further investment in modern machines and advanced technology. To meet the projected targets and boost production, Tekno Valves has expansion plans of another factory building of approximately 25000 square feet adjacent to the current facility in Sodepur. The partners made the announcement in the Press Conference as Tekno Valves prepares for the upcoming celebrations to commemorate its Golden jubilee. In attendance were Y.K. Behani, Founder & Managing Partner, Tekno Valves, N.K Behani, Partner and Chief Financial Officer, Tekno Valves, Rohit Behani, Partner & CEO, Tekno Valves and Renu Behani, Partner & Head of Sales, Tekno Valves. Addressing the media at
the Press Conference Y.K. Behani, Founder & Managing Partner, Tekno Valves said that 50 years is a major milestone for an establishment. As the founder, it humbles me to see the company grow from a modest strength of 6 employees to 230 currently. Their participation in the development of technical standards in the International Organization for Standardization (ISO)/Compressed Gas Association (CGA)/Chlorine Institute (CI)/Bureau of Indian Standards (BIS) has allowed them to be ahead in the learning curve about upcoming design requirements and international regulations. In terms of growth, they expect their 2021-2022 turnover to touch 140 crores INR, a 40% increase from last year. Their master plan is to cross an annual turnover of Rs 200 crore in the next three years (2024-25). Tekno Valves has footprints in 65+ countries across six continents and is proud to play a small part in their Prime Minister's vision of Make in India and make it a success. Their journey of 50 years is a celebration of entrepreneurship, pursuit of excellence, and
commitment to safety. Tekno Valves has been declared an essential manufacturer in the supply chain of Medical Oxygen for COVID-19 patients. To safeguard the health & safety of the employees and to ensure business continuity to meet the overwhelming demand for Medical oxygen valves, Tekno Valves took many stringent COVID-19 measures apart from the basic steps like temperature checks and masks sanitization and social distancing. The management organized COVID-19 first dose vaccination camp at the factory to simplify the process for its employees.
Pic : Krishnendu Kundu
Report : Anustup Kundu