How Avijit Ghosh Revived HEC’s Growth

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If you are aware of the various proceedings of the Indian mining sector, then you must have already heard of Avijit Ghosh. Avijit Ghosh has earned himself the reputation of being one of the most vital leaders in the Indian mining business. With his incredible tactics and business strategies, he has helped in completely transforming the way the mining sector operates. He has also allowed various companies to grow from scratch. However, his role at Heavy Engineering Corporation still remains one of his most significant contributions to the Indian mining sector.

With his strategies and leadership qualities, Avijit Ghosh has helped HEC in becoming a one of the competitive manufacturing sector in mining, steel, defence and railways by taking steps to overcome operational inefficiencies and financial instability. The Avijit Ghosh Heavy Engineering Corporation collaboration has also offered our country with economic growth and stability. Here, in our blog, we are going to take a look at some of the significant steps taken up by Avijit Ghosh towards helping HEC expand its business presence and enhancing its operations.

Ensuring financial stability

Now this is one of the major steps taken by Avijit Ghosh towards ensuring streamlined operations for HEC’s business. He arranged funds from various possible sources like advances from potential customers, long-pending debtors, adhocs from banks, etc. By doing so, he was able to ensure that there is sufficient capital available for HEC to carry out its business operations. When Avijit Ghosh joined HEC, the company was dealing with financial instability. It did not have the required funds to carry out its business operations. So, Avijit Ghosh took the necessary steps towards ensuring that the company has the required funds to ensure smooth operations.

Creating a modernisation plan

Upon joining Heavy Engineering Corporation, Avijit Ghosh noticed that the company was dealing with outdated tools and technology. This was causing a severe blow to its productivity. The company also needed a high level of investment to streamline its daily operations. So, Avijit Ghosh prepared a modernisation plan which helped in overcoming the various challenges that the company was facing. He proposed to replace outdated technology with modern ones. He also ensured that the company had the required guidance from tech experts from all across the world. This helped in improving the overall image of the company.

Ensuring sustainable operations

Now this is yet another reason why Avijit Ghosh Heavy Engineering Corporation is known throughout the world as one of the most prominent leaders in the Indian industrial sector. He has always been driven by his goal of achieving sustainability. While at HEC, he took all the required measures to ensure that the company is able to carry out its various operations in a sustainable manner. He even took up the required steps to ensure that the company embedded advanced technologies in its day-to-day operations. Various initiatives were organised by him from time to time, which supported the sustainability goals of the country. Afforestation activities were carried out. The children and employees also participated in various events from time to time, which further helped promote sustainability.

Entering into business partnerships

Avijit Ghosh Heavy Engineering Corporation strongly believed that in order for a company to succeed, it needs to enter into various collaborations and partnerships. With that in mind, he helped HEC in entering into partnerships with various technology leaders from all across the world. This includes joint ventures with Cascade Technology of Russia and other big names. The company also entered into technical tie-ups for new product development with global partners like CNIITMASH of Russia, Paul Wurth of Luxembourg, Rosatom/OKBM of Russia, etc. The company also signed MoUs with some of the premium educational Institutes like IIT Kharagpur, IIT-ISM Dhanbad, NIFFT Ranchi, etc., for technology development. It also entered into partnerships with organisations like HCL, MECON, BEML,NBCC, Bridge and Roof for business development.

Enhancing the customer base

When Avijit Ghosh joined HEC, the company only had a very compact customer base. It was dealing with only a few areas of business. However, upon joining HEC, Avijit Ghosh took up multiple steps towards ensuring that the company’s business operations are strengthened. He ensured that HEC participates in various nation-building events like the Vibrant Gujarat Trade Show. The company also engaged in various discussions with possible companies regarding expanding its business. HEC also became a potential manufacturing hub under India’s Make in India concept. This initiative helped expedite HEC’s capabilities and also allowed it to diversify its customer base.

In Conclusion

In this way, Avijit Ghosh’s business insights and technical capabilities have helped extend HEC’s business capabilities. He also helped transform the Indian mining landscape with his extraordinary strategies and business insights.