Our Strategy is fully focused on restoring profitability and improving cash flow & return on capital employed while protecting Laxmi Udyog’s Strong market leadership positions and diversifying to other growth Industrial Segments.
The most important guarantee for the long-term success of our strategy is a strong culture. It’s the origin and foundation for all our considerations. We want to reflect the basic values of responsible action within a strong ownership culture – throughout the entire Company.
We’re sharpening our customer and business focus through rigorous positioning and clear priorities for stringent resource allocation. For this reason, we’re concentrating our efforts on selected growth Industrial Segments.
We’re also strengthening our internal setup by streamlining our Company structure and making our management even more effective – in a word, we’re ensuring strong governance.
We have and developed overtime Strong Product Innovation & Development Capability. We started with 100% indigenization of Import Substitute of Critical Oil Well Drilling Rig Equipments in early 70's. We work closely with our clients and understand their requirements and transform them into final product by designing and consequently manufacturing any part or assembly at our facility. Our expertise lies in understanding material flow, machining options, forging techniques, fabrication techniques for any complex part / assembly to ensure the most economical and efficient way of production.
Being certified ISO 9001:2008 and API QR, Laxmi Udyog meets all Quality Standards and have an Extensive Quality Management System in place to ensure all production systems are performing to their maximum potential. Our Quality Management System is constantly striving to improve our efficiency and changes required to meet all of our Customers Specific Demands and Modern Manufacturing Standards.