India is currently the Second Largest Steel-Producing Nation in the World. However, it’s per capita consumption of steel is much less compared to the developed countries. This wide gap in relative steel consumption indicates that the potential ahead for India to raise its steel consumption is high and paints an optimistic scenario for the industry.

The International Iron & Steel Institute (IISI) has confirmed the trend of recent years of an increase in steel use in-line with general economic growth and with the fastest growth occurring in the countries with the highest GDP growth such as India and China. However, according to IISI, the cost of raw materials and energy would continue to represent a major challenge for the world steel industry.

Ankit Metal & Power Limited (AMPL) is going to maximize on the inherent synergies within the current value chain and will operate as an end-to-end manufacturer of steel. A comprehensive strategy has been adopted to sustain competition by using backward & forward integration from the manufacturing of sponge iron to rolled products, and it will enable lower cost of production as the major power requirement will be met from the captive power plant.

The focus of our Company will be to increase the contribution on the products by reducing the cost of production, control over logistics, ensure uninterrupted raw material supply, command high prices through value-added products and ensure long term sustainability of the company.

AMPL has a strong set of values which mould its corporate and social identity. It is fully aware of its social responsibility and is playing an active role in not only creating employment generation opportunities but also ensuring that the extended fraternity surrounding the organisation benefits from its presence. Ankit takes environment management very seriously and has taken proactive steps in waste management to live up to its environment management commitments. The organisation strives to not only be an employer of choice but also an outstanding corporate citizen.