| Specialty Steel | Manufacture of alloy steel bars, rods, bright bars, stainless steel products. | Strong technology partnerships, diversified product grades, and established client base in automotive industry. | Primarily B2B serving automotive, construction, machinery manufacturing sectors. | Specialty and micro alloy steel products with higher value-added processes. | 4652 | 95 | Sales of steel products to automotive, construction, and industrial clients. | Direct sales with volume-based pricing typical for steel industry. | Increasing automotive steel demand, innovation in micro alloy steels, JV with Sumitomo enhances product range. | Mukand Alloy Steels, Mukand Sumi Special Steel Ltd. |
| Industrial Machinery & Engineering | Manufacture and supply of EOT cranes, material handling equipment, gearboxes, engineering construction services. | In-house engineering expertise, track record in large crane projects, innovation in machinery design. | Industrial sectors requiring heavy machinery; mostly B2B clients including steel plants. | Custom-designed industrial cranes and engineered machinery solutions. | 238 | 5 | Project-based sales, contract manufacturing, and after-sales services. | Contract-based project pricing with custom solutions. | Rising industrial infrastructure demand and recent launch of advanced cranes with large lifting capacities. | Mukand Industrial Machinery Division, Mukand Heavy Engineering Limited |