Founded in 1959 by the illustrious Shri Ramjibhai Kamani, Kamani Tubes began as a pioneer in the Indian non-ferrous industry. For decades, the name was synonymous with quality copper manufacturing in India. However, due to shifting economic tides and labor unrest in the late 20th century, the company faced significant operational challenges, leading to a cessation of production for over 17 years.
The turning point in our history is a case study in corporate resilience. In 2006, the management was taken over by Mrs. Kalpana Saroj, a celebrated industrialist known for her ability to navigate complex restructuring.
Where others saw a “sick unit” referred to the BIFR (Board for Industrial and Financial Reconstruction), the new management saw potential. through a rigorous process of financial re-engineering and ethical leadership:
- Debt Resolution: Historic debts and liabilities were cleared.
- Labor Settlement: Over 140 litigation cases were settled, and workers’ dues were paid, restoring trust in the brand.
- Modernization: The legacy facilities in Kurla were replaced by a greenfield, ultra-modern manufacturing complex in Wada, Palghar.
Today, Kamani Tubes Limited is not just a company; it is a testament to the power of determination, operating as a profitable, compliant, and forward-looking entity.