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Milestones

In a journey earmarked with many memorable achievements and benchmarks, here are some remarkable ones:
  • Commencement of Solar Module Mounting Structure Manufacturing.
  • Government of Maharashtra - Sales Tax Department awarded Karamtara for its contribution in Sales Tax to Maharashtra State.
  • Central Excise and Service Tax Department awarded Karamtara for its Consistent Contribution to Nation Building.
  • Launched 100% subsidiary named Karamtara Gulf DMCC, Dubai to cater to Middle East & African region.
  • PGCIL awarded Karamtara with Excellence Award for supply of Towers.
  • Karamtara Engineering Pvt Ltd external credit rating of the company has been upgraded from BBB+ to A- and for short term it has been upgraded from A2+ to A1 by ICRA.
  • Commencement of Operations of Hardware Fittings & Accessories Plant in Tarapur - Approved by PGCIL in 765kV ratings.
  • Set up full-fledged manufacturing capacity for manufacturing of Overhead Transmission Line Hardware Fittings & Accessories in Tarapur, India.
  • Touched Rs.10 Billion turnover equivalent to around USD 200 Million/ Euro 150 Million.
  • Acquired 100% ownership in an Italian Company having manufacturing plant near Milan for Hardware and Fittings.
  • Launched 100% owned Subsidiary named Karamtara Italy S.r.l. in Italy for International expansion.
  • Signed Technology Licence Agreement with Wise Control, South Korea for design & manufacture of Spacer Dampers, Conductor Accessories & Hardware Fittings.
  • Acquired 100% ownership in Steel Rolling Mill in Nagpur to cater to steel angles requirements of Central India.
  • Ventured in 765 kV class of Transmisison Line Towers.
  • Set up manufacturing facility at Tarapur for manufacturing of Hot Rolled (High Tensile and Mild) Structural Steel to cater to entire T&D Sector.
  • Addition of first ever ceramic lined galvanizing furnace for fasteners galvanizing in India.
  • Entered into manufacturing of Telecom Tower and catered to almost all prestigious players in Telecom Sector.
  • Set up manufacturing facility at Tarapur for manufacture of high quality Mild Steel Fasteners, nuts & bolts, washers, antitheft nuts etc for Power Transmisison & Telecom Industry.
  • Founded flagship Company named Karamtara Engineering Pvt. Ltd. by setting up Transmission Line Tower manufacturing facility in Tarapur, Maharashtra, India.