Mumbai, India – October 26, 2020 – As a means to ready the company of expected future growth, Mumbai-based Simplex Steel Industries has completed expansion of operational capacity at the company’s Vasai plant. Coronavirus exposed severe vulnerabilities in the existing supply chain and the world entered locked-down earlier this year. Companies from all industries and countries around the world are looking to retool and reset existing supply chain relationships. India is constantly seen as viable alternative to the current supply chain give the country’s availability of skilled labor, relaxation in FDI regulation, strong supporting infrastructure, and numerous subsidies and incentives along with many other industry-specific policies.
In preparation of this building trend Simplex Steel Industries, an ISO 9001:2008 certified company sees this as an opportune time to expand operations in Vasai to meet business demand. Ankit Jain, the Managing Director at Simplex Steel Industries, is confident that his company, a Monel Pipe, Hastelloy, and Stainless steel pipe fittings manufacturer along being Long Radius Bends manufacturer, is at a precipice of coming change. “We have strong leadership, a democratic rule of law, extensive government policies to draw foreign direct investments, and the lowest corporate tax rates of new manufacturing companies in South East Asia. This year has proven that businesses can no longer rely on single source. With us, the cost does not need to increase, we can be more competitively priced and a better business partner.”
Simplex Steel Industries is a Monel Pipe Fittings manufacturer as well as a leading Hastelloy Pipe Fittings manufacturer in India. The company has increasingly invested in expansion efforts at its local operations, and is proud of its efforts make India a logistical hub in the region.
About Simplex Steel Industries
Simplex Steel Industries is a leading manufacturer of market intelligence and consulting services, serving clients all over the world. Headquartered in Mumbai, Simplex Steel Industries is situated in the heart of India’s business hub, and has a factory in Vasai, India.
Simplex Steel Industries latest operating plant expansion helps provide various industries with critical supplies at breakneck speed and at unparalleled quality. Our customized Stainless steel, Hastelloy, and Monel Pipe Fittings are a product of extensive research and quality testing by world class technical and engineering staff. Simplex Steel Industries cater’s to a broad range of industries around the world.
Company Name: Simplex Steel
Contact Person: Ankit Jain
Email: Send Email
Address:5, 2nd Floor, Kanji Mansion 311 SVP Road, opp. 7th Khetwadi
City: Mumbai – 400004