Rajeev Jhawar is the son of Brij Kishore Jhawar, one of the two factions of the Jhawar family, who owns Usha Martin Limited. He has been the Managing Director at Usha Martin Limited since May 19, 2008. He is the Director of Neutral Publishing House Ltd. He graduated from London Business School and completed Management Development Course at the University of Pennsylvania. Rajeev Jhawar received his undergraduate degree from St. Xavier’s College. Rajeev Jhawar has been Vice Chairman of Usha Martin Education & Solutions Limited since September 2010.
“We believe that we are at an inflection point. Having been able to stabilise our business, we are truly on our way to strengthen our operations and push the boundaries”, Rajeev Jhawar said on the expansion of the company in terms of capacities and increasing the business into new geographies. The strategic move of Rajeev Jhawar to sell Usha Martin’s steel business to Tata Steel had enabled them to significantly deleverage their Balance Sheet and focus on their core competencies. This has already started yielding results and has placed them in a position of strength.
Post divestment of its steel business undertaking, Usha Martin has improved with renewed vigor with its focus on capability building, removing constraints and increase in productivity of key products to remain agile and competitive. In order to continue to be sustainable, resilient and future ready, Rajeev Jhawar Usha Martin is preparing for plans for augmenting capacity and capability building.
Rajeev Jhawar is hopeful that with steady infrastructure spending by the Indian government, specialty products used in construction and infrastructural sectors may become one of the key growth drivers for the company in the upcoming years. Usha Martin expects growth in export volume in South-East Asia, Australia, USA, Canada, Latin America and South Africa in the following years from these sectors. Rajeev Jhawar feels optimistic that the demand for these growth-driving products should remain sustainable in the coming years and provide increased business opportunities to the company. Rajeev Jhawar also acknowledges that the future outlook is expected to be a mixed bag of both opportunities and challenges with the key being the company’s adaptability and proactive adjustments to the ever-changing macro-economic environment.
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