What is Isgec Heavy Engineering Ltd. and what are its key business areas?
Answered on : 2024-01-24
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Isgec Heavy Engineering Ltd. is a diversified heavy engineering company headquartered in India, providing engineering solutions globally across 91 countries [1][2]. Established in 1933 as Saraswati Sugar Syndicate, it has evolved into a major player in the heavy engineering sector [3]. Key aspects include:
1. **Products and Services:** Isgec offers a range of products, including boilers and presses [2]. They provide customized solutions and execute turnkey projects [6].
2. **Global Presence:** The company has an extensive global presence, engaging in manufacturing and project business worldwide [8].
3. **Financial Performance:** As of September 2023, the consolidated net sales were reported at Rs 1,473.10 crore [4].
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