SRV MEDI New Delhi [India], April 30: Maiden Forgings Limited
Based out of Delhi, NCR is aggressively marketing its products in the domestic and international markets. It has been a traditional manufacturing business in the steel and engineering sector, but since a year since its listing with BSE SME, it has been expanding its market reach by tapping the potential of B2G, B2C and global markets, recently , Maiden has added another achievement to his account. Obtain the CAP by registering as a supplier with the Ordinance Factory Board (OFB), Kolkata on 4 April 2024 through Centralized Vendor Registration Certificate. The Certificate allows the Company to participate in the tender process for supply of materials of OFB, Kolkata as an eligible contender, further, the Company is not eligible to participate in the tenders of any OFB across India for the supply of Is. If the company fulfills all other normal conditions for supply then the company automatically gets included in the certified supplier list of other OFBs, as once the company passes the tender, it does not require any further approval.The company is very positive that it will soon start supplying to OFB, marking its entry into the B2B market segment. Another news coming from the company is its successful exhibition at the Wire Tube Fair, Dusseldorf, Germany. This fair is one of the largest fairs of the steel industry and is organized once every 2 years. Maiden Forgings exhibited from 15 to 19 April 2024 and had many useful meetings. This growth enables the company to increase its market share in global markets.The company is working on the numerous leads and inquiries received from the fair, and is targeting higher conversion of these inquiries into orders. Thus at the same time the company intends to expand its global markets and begin its journey in the B2G segment with the company's upcoming latest feature, the management has added to its list by better catering to these new market segments. Looking forward to revenue growth. The registration with OFB marks the beginning of a new journey, and considering the growth that Indian defense and infrastructure is targeting in the times to come, we are optimistic that Maiden Forgings will contribute to this growth to the best of its capabilities. The lines have huge potential in both these areas, thus, this registration will provide Maiden Forgings with a huge increase in revenues in the coming financial years, along with the success of the exhibition in Dusseldorf, Germany, it will also provide us with additional global market coverage for the company. “There should be further growth in revenues thanks to higher revenue products in our product line,” said Mr Nishant Garg, MD, Maiden Forgings, which is engaged in the production of multiple product lines of stainless steel, alloy steel and carbon steels. Its product The series is one of the highest in steel bright bar, wire and nail industry.It has wide customers in various sectors including engineering components, auto components manufacturing, defense, home appliances etc.The company recently listed on BSE SME platform in April 2023. With all these developments, Maiden Forgings intends to create new global markets.For new products as well as new customer segments to be added, for more information visit - http://www.maidenforgings.in [https://maidenforgings.in/
Based out of Delhi, NCR is aggressively marketing its products in the domestic and international markets. It has been a traditional manufacturing business in the steel and engineering sector, but since a year since its listing with BSE SME, it has been expanding its market reach by tapping the potential of B2G, B2C and global markets, recently , Maiden has added another achievement to his account. Obtain the CAP by registering as a supplier with the Ordinance Factory Board (OFB), Kolkata on 4 April 2024 through Centralized Vendor Registration Certificate. The Certificate allows the Company to participate in the tender process for supply of materials of OFB, Kolkata as an eligible contender, further, the Company is not eligible to participate in the tenders of any OFB across India for the supply of Is. If the company fulfills all other normal conditions for supply then the company automatically gets included in the certified supplier list of other OFBs, as once the company passes the tender, it does not require any further approval.The company is very positive that it will soon start supplying to OFB, marking its entry into the B2B market segment. Another news coming from the company is its successful exhibition at the Wire Tube Fair, Dusseldorf, Germany. This fair is one of the largest fairs of the steel industry and is organized once every 2 years. Maiden Forgings exhibited from 15 to 19 April 2024 and had many useful meetings. This growth enables the company to increase its market share in global markets.The company is working on the numerous leads and inquiries received from the fair, and is targeting higher conversion of these inquiries into orders. Thus at the same time the company intends to expand its global markets and begin its journey in the B2G segment with the company's upcoming latest feature, the management has added to its list by better catering to these new market segments. Looking forward to revenue growth. The registration with OFB marks the beginning of a new journey, and considering the growth that Indian defense and infrastructure is targeting in the times to come, we are optimistic that Maiden Forgings will contribute to this growth to the best of its capabilities. The lines have huge potential in both these areas, thus, this registration will provide Maiden Forgings with a huge increase in revenues in the coming financial years, along with the success of the exhibition in Dusseldorf, Germany, it will also provide us with additional global market coverage for the company. “There should be further growth in revenues thanks to higher revenue products in our product line,” said Mr Nishant Garg, MD, Maiden Forgings, which is engaged in the production of multiple product lines of stainless steel, alloy steel and carbon steels. Its product The series is one of the highest in steel bright bar, wire and nail industry.It has wide customers in various sectors including engineering components, auto components manufacturing, defense, home appliances etc.The company recently listed on BSE SME platform in April 2023. With all these developments, Maiden Forgings intends to create new global markets.For new products as well as new customer segments to be added, for more information visit - http://www.maidenforgings.in [https://maidenforgings.in/
