Established in 1980 by Sh. B.D. Agarwal, Prakash Industries Limited (PIL) is an integrated Steel & Power company committed to delivering sustainable value to its stakeholders through quality products at competitive prices. Recognized for its pioneering vision and technological advancements, PIL operates a state-of-the-art technology integrated steel plant in Champa, Chhattisgarh. The plant features sponge iron kilns employing Lurgi's SL/RN technology from Germany, marking it as the sole adopter of this renowned coal-based manufacturing method. Utilizing on-site produced sponge iron for high quality billets and blooms, PIL embraces a fully integrated approach to produce high-value-added finished steel products. This includes manufacturing wire rod, HB wire, TMT bars, and structural components through forward integration strategies.
PIL emphasizes backward integration by owning iron ore mines in India, though still awaiting statutory clearances for operation, solidifying the company's efforts to ensure a seamless supply of quality raw materials. Complementing its steel operations, PIL incorporates captive power generation facilities enhancing self-reliance and fueling future expansions. With ambitions extending beyond the steel industry into power generation, Prakash Industries targets installations utilizing low-grade fuels and advanced turbines.
Under the leadership of founder chairman Om Prakash, PIL is dedicated to becoming a learning and knowledge-based organization while positioning itself as a preferred supplier renowned for its quality offerings. It strives to be one of the most cost-efficient steel & power producers, generating wealth for customers, communities, and the nation. The company's ongoing mission involves enhancing productivity through technological breakthroughs, aiming for expansion in power generation with high-powered facilities harnessing new energy sources.
Prakash Industries stands out in the Indian steel sector as a dominant player producing diverse value-added products. Rooted deeply in forward & backward integration to achieve maximum value addition, it adapts seamlessly to economic trends and market demands. Prakash Industries' commitment to excellence is mirrored by its strong financial foundation and promising future outlook. With robust operational frameworks established since incorporation on April 1, 1997, Prakash Industries continues to leave a formidable imprint within Florida's business landscape, headquartered at 2422 S Peninsula Dr, Daytona Beach, FL.
KEY FACTS ABOUT PRAKASH, INC.
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US Businesses
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Companies in Florida
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Volusia County Companies
- Company name
- PRAKASH, INC.
- Status
- Active
- Filed Number
- P97000029164
- FEI Number
- 593462642
- Date of Incorporation
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April 1, 1997
Age - 29 years
- Home State
- FL
- Company Type
- Domestic for Profit
CONTACTS
- Website
- http://prakash.com
PRAKASH, INC. NEAR ME
- Principal Address
- 708 Carswell Ave,
Holly Hill,
FL,
32117,
US
- Mailing Address
- 2422 S Peninsula Dr,
Daytona Beach,
FL,
32118,
US
See Also