A Power-Packed Punch of Good Quality, on-Time Delivery, and Best Pricing
Things automatically fall into place when one is a power-packed unit combined with quality products and on-time delivery schedules. It is a proud and happy unit which can preen about such outstanding qualities in their work ethos. Such is the sureshot case with VSP Enterprises Pvt. Ltd. “This Company is primarily engaged in manufacturing steel and solar structures, cable trays, telecommunication towers et al. This firm has a cent percent record of retaining clients”,says illustrious & ageless Mr. Palaram, Directorof VSP Enterprises Private Limited. This list includes names like Larsen & Toubro Ltd., Power Grid Corporation of India Ltd., NTPC, Alstom T&D India Ltd., Lanco Group, Crompton Greaves Ltd., Bharat Heavy Electricals Ltd., ABB India Ltd., Siemens Ltd., Bharat Bijlee Ltd., KEC International Ltd., Godrej & Boyce Mfg. Co. Ltd., C&S Electric, Fedders Lloyd Corporation Limited, HYOSUNG T & D INDIA Pvt. Ltd, Sterling & Wilson Ltd., Sravanthi Group, Schneider Electric, Tata Projects Ltd., EMCO Ltd., Montecarlo Ltd., NCC, Mohan Energy Corporation, Trading International, Reliance Jio, Bharti Airtel, ZAMIL Group, ATC and State Electricity boards like Punjab State Power Corp. Ltd., Power Transmission Corporation of Uttarakhand Ltd., Haryana Vidut Prasharan Nigam Ltd., Rajasthan Rajya Vidyut Prasharan Nigam Ltd., Gujarat Energy Transmission Corporation Ltd.,Andhra Pradesh Power Transmission Corp., Tamilnadu Power Transmission, Bihar State Power Transmission Corp. Ltd., Jharkhand Urja Sancharan Nigam Ltd., Jharkhand Bijilee Vitaran Nigam Ltd. etc. And some Clients like Larsen & Toubro Ltd., NCC and LANCO even give orders to VSP Enterprises Pvt. Ltd. for overseas projects as well. In addition, contracts come in from countries like IRAQ, KENYA, ZAMBIA, ZIMBAMBWE, ETHIOPIA, LIBERIA, JORDAN, MALAWI&TANZANIA etc. The company has stupendous certifications like OHSAS 14000 and 18000. The raw materials which are used for manufacturing purposes include steel and zinc. These are sourced from Hindustan Zinc Ltd., SAIL, RINL, TATA, Jindal, ESSAR and clients approved sources. VSP Enterprises Pvt. Ltd. recorded a turnover of Rs 124crore in 201617. This was a big jump compared to the grossings of Rs 110crore from
2015-16. Also, these figures are slated to touch Rs 160 crore in 201718.Roughly speaking, this translates into a growth rate of about 20 to 30 percent each year. The company, established in 2004, teed off with an initial investment of Rs one crore. This concern steamrolls aheadon the basis ofwork and support provided by Shanti Devi, Director, and Mr. Ashish Kumar, Director, as well. They form the core team which provides total strength and guidance to VSP and are the brain, heart and soul behind this enterprise. Incidentally, this 350 employee manufacturing entityhas recorded a whopping 90 percent retention rate of its working ranks. Production work is done in two units, one each based in Sonepat, and Samalkha. “We take a lot of care not just of quality and timely delivery but also offer the best pricing in the market,” says Mr. Palaram. The company spends Rs 1.5 to Rs 2 crore for research and development work each year. Some of the main ongoing projects include one Rs five crore contract for Larsen & Toubro in Andhra Pradesh, and another Rs 24 crore contract for the UP government. The company is very much involved in CSR initiatives, and some of these include running a government girls’ high school, renovating a village temple and providing electricity to a village as well. VSP Enterprises Pvt. Ltd. chugs along on the basis of a very ethical vision and goal. This is to “grow at a rate of at least about 20 percent each year and to record a turnover of Rs 300 crore or more by 2022 AD.”The basic credit of all of its success is accorded to “sheer hard work, honesty, and working in a friendly manner with employees as well as clients,” smiles Mr. Palaram. Also, “we believe in having transparency with all those we are connected with, and of course, nothing happens in life without God’s grace,” he continues. The message which comes out rather strongly from VSP quarters is that “one should be regular in work and success automatically follows.” That success will keep on always knocking at its doors is somewhat of a surety when a company is empowered and egged on by a voice as powerful, pure, confident, sincere, and dedicated as that of VSP Enterprises Pvt. Ltd.And surely they will keep their flag hoisted very high and mighty, towering above all else in their niche of operations.
Palaram, Managing Director