Cyrus Engineer, Director, Industrial Boilers Ltd.
Engineering is the base of the manufacturing and power generation industry. Here is an empire that saw the involvement of 5 successive generations to emerge as the honcho in their segment. We are delving about Industrial Boilers Ltd. the foundation of which dates back to 1860 when Mr. Bomanshaw Homavazir established an engineering workshop with the support of his five sons at Hubli. The business expanded over time; the present setup is an initiative of Bomanshaw’s grandson Rusi.Industrial Boilers is India's first commercial Fluidised Bed (FBC) boiler manufacturer.The group exports 40% of their products to Asian countries, Europe, and Africa. “We are the only Boiler manufacturer of steam turbines in India. Every product manufactured at Industrial Boilers is technologically superior, innovative, energy saver, robust, futuristic, and 5 years ahead of time. We get orders every now and then; this corroborates the quality of our products and transparency in dealings,” says Homai Engineer, Chairperson and Managing Director. What started with Rs. 25,000 blossomed into a 150 crore company today, carving a distinctive niche as a trusted global name. Today, the group is steered by the charismatic Rohinton Engineer and Cyrus Engineer, amongst other Directors. The First Hybrid boiler, “The Agropak” was developed by IBL in 1991 and still maintains its reputation as the best boiler in its class.
Products
Process Steam Boilers Industrial Boilers Power Boilers Turbines Pressure Reducing Steam Turbines Mini Power Plants Specialised Combustion solutions Autoclaves and Vulcanisers Solar Thermal Systems
• ESP, Bag Filters • Wet Scrubbers • Pollution Control Equipments. Industrial Boilers is equipped with three state-of-the-art manufacturing units, two at Vapi in Gujarat and one at Greater Noida, Uttar Pradesh. All plants are furnished with machines and tools of the latest technology with dedicated quality control and R&D units. Raw materials are tested for quality at source before being transported to the factories. “We have changed our strategy completely from the year 2000. No compromises are made on technology and quality. We invest around 10% of our turnover on technology, new equipments, and for improvement on quality,”utters a dynamic Mr. Cyrus Engineer, Director.
Competitive Advantages
Numerouno in quality and the best designs Only Boiler manufacturing company to have CE stamp 24 x 7 customer care and after sales service In-house plus 3rd party inspection of products 90% retention of employees; employees working since 25 years 100% retention of clients 250 boilersand 50 steam turbines and sold annuallyon an average. Follows environmental norms for pollution-free sites 100% timely delivery; 90% products delivered before due date Optimum utilization of resources. “We have big planning for the next 20 years. Staff aged 28-30 years are selected and groomed; they may become future leaders and directors based on their experience and performance,”says a suave Mr. Yohan Engineer, Director. The staff of 1000 people including 200 engineers at Industrial Boilers undergoes training regularly to stay updated with latest technical and market trends. They work like family in a congenial environment, enjoying numerous benefits and facilities. They come across new challenges and all get equally involved, thus enjoying, learning, and growing at the same time. The group is deemed one of the most respected entities in its segment given the maximum retention of staff since inception. As part of corporate social responsibility, Industrial Boilers converts municipal garbage and sewage waste to energy fuel that can be used in power plants. They are equipped with the technology to turn waste into energy; they have tunnel systems that convert 100 Ton garbage to 50 Ton of dry fuel at a time. Though setup and the process is expensive, the company looks forward towards recovering the cost in the next 4-5 years. The fuel produced can generate steam and power for nearby areas of Delhi.
IBL Group Companies
• Industrial Boilers Ltd. • IB Turbo Pvt Ltd. • Thermal Engineering Kenya Ltd. The energetic Cyrus Engineerhas researched and developed several pioneering technologies such as Circloflame Burner, Quick Closing Autoclaves, Multifuel Brownian Boiler, Magnum Boiler, Linear Fresnel Solar Boiler, Back Pressure Steam turbines, PLC systems and Sterling Engines. He is regularly consulted by Boiler Inspection department for accident diagnosis and is also called for lectures to M-Tech and PhD students of IIT Delhi and Aston University. The dynamic entrepreneur owes the success of the group to a blend of leadership, consistency, and customer satisfaction. A member of Central Boilers Board (Govt. of India initiative; only 4 members are selected from industry), he leaves a message for the readers, “In Business, you must plan ahead of time. Think what will be the environment and business demand 15 to 20 years from today; try and aim to develop products to meet that requirement at least 5 years ahead of that deadline. Anyone who follows the others can never be a leader.”