Mumbai, India – October 26, 2020 – Sagar Prakash Alloys, a leading fasteners manufacturer in India, is cautiously hopeful that a US stimulus spending bill geared towards infrastructure spending will be passed. The company has used the past year to prepare its plant in Gujarat for an eventual infrastructure spending bill expected to usher in huge demand for product such as Monel 400 Fasteners, Hastelloy C276 Fasteners, bars, circles, forgings, pipe fittings, and flanges. Exactly the kind of products the Mumbai-based company produces.
Although a coronavirus relief bill from the US government grinds on, it is not expected to include any clause for infrastructure spending. That will most likely come after the US election, believes Harish Mehta, the CEO of Sagar Prakash Alloys. “The US government is acutely aware of the country’s ageing infrastructure and have attempted to address that. I believe 2020 will be that year,” he says.
Sagar Prakash is known for its high-quality corrosion-resistant Hastelloy C276 Fasteners, which are heavily sought out as a building material, and one the company, as the best-run fasteners manufacturer in India, has in ample quantity.
Although the pandemic has caused anemic demand, Harish and his team at Sagar Prakash Alloys has not let the crisis go to waste. Having been in business for nearly five decades, the company has deftly handled many crises over the years and have used the past eight months to build out capacity, make operations even more efficient and has invested in training staff.
About Sagar Prakash Alloys
Sagar Prakash Alloys is a leading exporter and manufacturer of fasteners, bars, circles, forgings, Pipe fittings, flanges, pipes, and tubes for nearly five decades. The company produces its products with ferrous and non-ferrous materials such as Stainless Steel, Duplex Steel, Super Duplex Steel, Nickel Alloy, Titanium, Aluminum, Copper and many more.
Sagar Prakash Alloys prides itself of sourcing all their material from one of the best sources worldwide and are all approved manufacturers with the company’s own operations certified by ISO (International Organization for Standardization) 9001:2015.
The company, which was founded in 1972, serves Oil & Gas, Chemical and Food Manufacturing industries and is experienced in supplying products to off-shore oil drilling companies, power generators, specialty chemical and chemical equipment makers, and Pulp and Paper manufacturers throughout United States, Europe, South Africa, Japan, and India.