Areca Steel is a prominent manufacturer of an extensive range of finished steel products for warehousing, equipment, and infrastructure. With a robust presence in both domestic and international markets, the company caters to a broad spectrum of customer segments. Over the last 20+ years, Areca Steel has steadily diversified its product offerings and expanded into new markets. Initially, Areca focused on domestic trading of flat products like HR, CR, BGP, color-coated, and GP coils. The company now boasts a comprehensive product portfolio, with operations headquartered in Ghaziabad and Bokaro, and a nationwide supply chain.
From its inception, Areca Steel has prioritized building long-term relationships with its customers by delivering high-quality products and unmatched services. This commitment reflects its strategic partnerships with industry leaders such as JSW, AMNS, SAIL, and POSCO. Areca Steel ensures that every order meets the highest standards of quality and reliability.
In an exclusive conversation with The Interview World, Ujjwal Kejriwal, Partner at Areca Steel, underlines the company’s product offerings. Furthermore, he highlights their pivotal role in strengthening India’s logistics industry. He also discusses the growth trajectory of the steel industry, forecasting key trends for the next five to ten years. Ujjwal also accents the driving forces behind India’s economic growth and emphasizes the sectors relying on Areca’s products. His insights offer a clear perspective on how Areca Steel contributes to India’s emerging economic development.
Q: Can you provide an overview of Areca Steel’s product portfolio and explain how its offerings are benefiting the logistics industry?
A: We are a leading steel distributor with a pan-India presence. Moreover, major producers like ArcelorMittal Nippon Steel (AMNS), CHW Forge, Steel Authority of India Limited (SAIL), and POSCO support us. These top manufacturers provide us with steel coils, which we process into high-quality materials for distribution. Our primary clients include key players in warehousing and pre-engineered building (PEB) sectors across the country.
We supply the critical raw materials essential for PEB construction, ensuring seamless project execution, and contributing to India’s growing infrastructure. Our robust supply chain guarantees reliable, efficient service to meet India’s industrial needs.
Q: How do you foresee the growth trajectory of your industry over the next 5 to 10 years?
A: Over the past 3 to 4 years, the warehousing industry witnessed substantial growth, driven by increased demand for warehousing solutions. This upward trend stems from two major factors. First, the warehousing market can expand significantly, reflecting a broader industry boom. Second, there is a notable shift from traditional civil construction to pre-engineered buildings (PEBs).
Previously, the construction of warehouses used conventional civil methods. However, people now prefer PEBs due to their advantages. These include recyclability, lower costs, superior efficiency, and faster construction times. As a result of this transition and the overall market growth, we project that the demand for warehousing will escalate dramatically over the next 5 to 7 years.
Q: In what ways do you anticipate this industry growth contributing to the expansion of the Indian economy and driving the growth of other key industries?
A: The rapid expansion of warehousing and logistics plays a crucial role in driving economic growth. Warehousing has become an essential pillar of every industry, much like capital is vital for business operations. Efficient warehousing solutions are now fundamental to the success of businesses across various sectors.
Our mission is to revolutionize the warehousing industry by introducing innovative, cost-effective solutions, emphasizing long-term sustainability. We are collaborating with leading manufacturers throughout India, ensuring our innovations meet the specific needs of the warehousing sector. By focusing on efficiency and affordability, we aim to enhance the effectiveness of warehousing operations. We support and contribute to the overall growth of the Indian economy. We help businesses thrive in an increasingly competitive landscape.
Q: Who are some of your key clients?
A: I cannot disclose specific client names. However, I can share that our services cater to all the leading Pre-Engineered Building (PEB) companies in North India. We supply a wide range of material handling equipment used in logistics.
Q: What are the key market segments your products cater to?
A: Our products cater to three major segments. Firstly, we provide solutions for the warehousing sector. Secondly, we cater to manufacturers of materials and equipment. Lastly, we support infrastructure development projects, such as constructing warehouses and buildings. In these segments, fundamental raw materials and steel play a crucial role. Each segment benefits from our specialized offerings, ensuring efficiency and quality.
