Rathi Steel & Power gets approval from Bureau of Indian Standards
In a significant development, Rathi Steel and Power Limited has received the coveted approval from the Bureau of Indian Standards (BIS) for their Fe 500 Reinforcement Bars (8mm to 25mm). This license enables the company to use the BIS Standard Mark on their TMT bars, signifying adherence to national quality standards. This milestone achievement is expected to have a significant impact on the company’s operations, enabling optimal capacity utilisation with their new product line and positioning them to meet the growing market demand.
The BIS Standard Mark is a hallmark of quality and reliability, and companies that obtain this license have demonstrated their commitment to producing high-quality products that meet the rigorous standards set by the Bureau of Indian Standards. The BIS is a statutory body under the Ministry of Consumer Affairs, Food and Public Distribution, Government of India, responsible for ensuring that products sold in the Indian market meet the required standards of quality, safety, and performance.
Rathi Steel and Power Limited’s receipt of the BIS license is a testament to the company’s dedication to quality and customer satisfaction. The company’s Fe 500 Reinforcement Bars (8mm to 25mm) have undergone rigorous testing and inspection, and have been found to meet the BIS standards. This achievement will not only enhance the company’s reputation but also provide customers with the assurance of receiving high-quality products that meet stringent standards.
The BIS license is valid until May 8, 2026, and this period will allow Rathi Steel and Power Limited to focus on expanding their product line and increasing their capacity to meet the growing demand in the market. The company has already made significant investments in modernising their facilities and upgrading their equipment to ensure that they can produce high-quality products consistently.
The receipt of the BIS license is also expected to have a positive impact on the company’s financial performance. With the assurance of receiving high-quality products, customers are more likely to return to the company, and this will lead to increased revenue and profitability. Additionally, the company’s ability to produce high-quality products will also reduce the risk of product recalls and warranty claims, which can be costly and damaging to a company’s reputation.
Rathi Steel and Power Limited’s achievement is also a reflection of the company’s commitment to sustainability and environmental responsibility. The company has implemented various measures to reduce its environmental footprint, including reducing energy consumption, minimizing waste, and promoting the use of renewable energy sources.
In conclusion, Rathi Steel and Power Limited’s receipt of the BIS license is a significant achievement that demonstrates the company’s commitment to quality and customer satisfaction. This milestone achievement will enable the company to increase their capacity utilisation, meet the growing market demand, and enhance their reputation in the industry. With the BIS license, Rathi Steel and Power Limited is poised to become a leading player in the Indian steel industry.
