Lanka Special Steel Ltd. (Lanka SSL) has stepped up its long-standing alliance with Global Wire India (GWI) of TATA Steel Ltd., one of the world's largest producers of steel wire, with manufacturing facilities in India and Thailand. For all of its high-quality wire goods, Lanka SSL will be the sole agent and distributor in the region, expanding its existing portfolio further.
Strong Tensile Wire
(HTS) used in the concrete strengthening of electric poles and existing
pre-stressed pipes, Prestress concrete strand wire used in pre-emphasizing
concrete for the construction of various types of structures, spring wire for
mattresses and motorcycle body parts, bead wire for tires in automotive
products, shutter wire for roller gates, massive GI for gabions and healthy GI
for motorcycles now included in the works.
Its steel wires
useful in various sectors of the industry, from building, automotive, and power
to general manufacturing and retail. It takes pride in having supplied wires
around the world for many famous structures. GWI is a subsidiary of Tata Steel,
one of the most geographically diversified manufacturers of steel in the world.
With this strategic move, Lanka SSL, in comparison to having to pre-order them,
will now ship and store its goods.
Customers can now
seamlessly access these high-quality premium goods with all possible steps
taken by Lanka SSL to ensure its scope and market availability. Anurag Pandey,
Head of Marketing and Sales of Global Wire India, said: "We are very
pleased to announce the new level of partnership with one of the most respected
and reputable companies: LSSL as our sole supplier in Sri Lanka." In the
retail and institutional segments that Global Wires India Division now seeks to
grow and exploit in foreign markets, Tata Steel has a long-standing history of
strong channel presence.
With this strategic
partnership with LSSL, our loyalty to our customers lies in providing
high-quality goods with distinct top-notch service levels that are further
improved. On this appointment, my warmest congratulations to LSSL and best
wishes for tremendous success and continued development of our business
relationship.
Pravin De Silva,
president of Lanka Special Steel, stated: "We are delighted to enhance our
fruitful partnership with a global manager in steel wires. As the material is
readily available in Sri Lanka, this will be beneficial to our customers in
various ways to increase their cost-effectiveness. Over the past 16 years,
Lanka SSL has provided its clientele with outstanding customer service and
superior products, especially in the booming construction sector in Sri Lanka,
making it an industry leader. With repetitive and loyal customers, LSSL and
their highly skilled team have established their reputation.
OSL Take: Sri Lanka is presently undergoing an
aggressive program of growth covering all principal areas of the economy on the
island. The Colombo Port City
development is one of the country's major continuing mega-projects to match Sri
Lanka with many financial hubs in South East Asia. Given the geographical
location of Sri Lanka in the Indian Ocean, the country's relaxed corporate
climate and numerous trade arrangements and the island's trade concessions have
created Sri Lanka, the perfect company destination in the South Asian area. Foreign
businesses/investors could, therefore, investigate possibilities for
business/investment in the Port City project in Sri Lanka.
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