The Pandemic and sudden lockdown were a severe setback for industries with large employee force and infrastructure. Shyam Steel, a TMT Bar producer, was quick enough to adapt to the new way of work as they moved forward.
Anticipating the official lockdown announcement, Shyam Steel did realize two things – one, to save their employees from infection the office needed to be closed till the threat reduced; two, they had to ensure that the work ran as smoothly as it always did. So, they started training their employees to work on digital platform from their homes, which included instructing batch after batch of employees to work from home for short time periods to adapt them to the new process, and simultaneously, strengthening their IT infrastructure to ensure seamless workability from homes, which included a quick response team that could remotely take care of IT issues of employees when working from home. Not only restricting themselves to their internal employees, Shyam Steel also trained all the dealers and distributors to operate digitally.
Hence the very next day of the lockdown announcement, the entire Shyam Steel fraternity were up and ready to get the operation running smoothly from home. Even when their manufacturing operation was held up, the dealers never felt alienated as the company kept in constant touch with them. This led Shyam Steel to come back to normal very fast once lockdown was lifted, enabling them to touch their pre-lockdown figure within a month.
The company with such core people centric ideology was started with a single workshop at Howrah in 1953, by Sri Shriram Beriwal. It rapidly grew into a conglomerate manufacturing TMT Rebars, Billets and Sponge Iron. The organization has over 30 billion turnover and an undisputed leadership position in its core segment. Starting its journey from a small town of West Bengal, it has today become one of the most promising names in steel manufacturing.
The company has 15 branches, multiple stockyards, and more than 1000 dealers pan India, catering to the demand of the institutional as well as a retail segment. It currently has four fully operational steel manufacturing units in West Bengal. This includes a state-of-the-art integrated steel plant at Durgapur, with facilities like DRI Unit, EAF, continues billet casting mill, a sophisticated and high-speed rolling mill, microprocessor-based product technologies and NABL accredited fully equipped quality assurance and testing laboratories. Shyam Steel is primarily involved in the production of TMT Rebar with backward integration in sponge and billet and sale of premium TMT bars (long steel products) in India.
Associated with the largest institutional projects in India, Shyam Steel’s products are used for large government entities including public sector undertakings such as the National Highway Authority of India (NHAI), railways, military engineering services, Nuclear Power Corporation of India (NPCI) and various state governments, thus catering to the needs in every sector.