[ Cover Story ]
The four partners who founded Venus Pipes & Tubes December 2015 ( L to R ): Dhruv Patel ( Director of Marketing ), Mahesh Chaudhary , Arun Kothari ( Managing Director and CFO ) and Jitendra Chaudhary .
their manufacturing site to 101,200 m 2 . An impressive range of equipment investments followed . “ Our strategy has been to expand both our seamless and welded pipe capacities simultaneously . A key purchase for the seamless product line was a vertical type Hot Piercing Mill – the most advanced in India - to manufacture mother hollows , the raw material for seamless pipes ,” explains Mr . Patel . “ For our seamless products , investments in cold finishing lines include new , larger pilger machines , an expander and draw benches to make pipes up to 8 ” ( 219 mm ) diameter . A new tube mill will produce welded stainless-steel pipes up to 20 ” ( 508 mm ) diameter and 80S thickness .” “ This is the first tube mill of this type to be brought to India , and in fact , very few manufacturers in the world have this capacity ,” continues Mr . Patel . Having identified a gap in the market for very large diameter stainless steel pipes , the Venus team has also invested in a stainless steel LSAW pipe-making plant with a maximum production capacity of 56 ” ( 1422 mm ) OD X 35 mm thickness and 12-meter length . “ These huge stainless pipes are utilised for crosscountry pipelines and OCTG oil and gas applications . Very few Indian manufacturers have this capacity ,” explains Mr . Patel . Once the expansion is complete at the end of 2022 , Venus will have an annual capacity of 36,000 MT , making it India ’ s largest stainless steel tube and pipe manufacturer with an integrated plant . While these developments are all remarkable , equally impressive is Venus ’ s compound annual growth rate ( CAGR ) which has averaged 45 % annually since the company was founded in 2015 .
Increase in production capacity The substantial investments in cuttingedge technology will see Venus Pipes
& Tubes increase production capacity dramatically . With a focus on austenitic stainless steel , duplex and super duplex , it is focused on supplying quality products to the market .
“ By March 2023 Venus will have an annual capacity of 36,000 metric tonnes ”
“ We are aiming to reach a yearly production of around 24,000 MT by December 2022 , and this will increase to 36,000 MT by March 2023 ,” explains Mr . Patel . “ The Hot Piercing Mill was ordered in October 2021 and will arrive shortly . The large diameter 20 ”
Expanding the size of the site will allow the company to significantly expand facilities , bringing the size of the manufacturing site to 25 acres .
www . stainless-steel-world . net Stainless Steel World November 2022 9