| Steel Manufacturing | Galvanized coils and sheets, pre-painted steel sheets, galvanized and black ERW pipes, precision steel tubes, PUF panels | Established manufacturing infrastructure in Punjab; backward integration with sponge iron; recognized brand 'Oswal' | B2B clients in construction, manufacturing, infrastructure sectors primarily in India | Cold rolled coils and precision tubes have relatively higher margins | | | Product sales to industrial and construction clients | Sales based on direct contracts and market steel prices | India's growing steel demand, infrastructure growth, and modernization of production facilities | Oswal galvanized coils and sheets, ERW pipes, cold rolled coils |
