Kalyani Forge, a manufacturer of precision forged and machined components, has initiated a transformation in business process and management with fresh ideas of Neelkanth Kalyani’s grandson Viraj Kalyani who joined the company last year.
“In our objective to be a world-class manufacturing company, we have adopted a lean manufacturing strategy to reduce waste and grow aggressively,” Viraj Kalyani, Executive Director, Kalyani Forge, told The Hindu .
“We are upgrading the facilities, and going in for low-cost production through automation. We will add capacity to emerge as a strong player in the industry. We are focusing on value addition in manufacturing and design,” said Mr. Kalyani. He clarified that opting for a lean structure did not mean manpower reduction.
He said the company had decided to invest Rs.200 crore to add capacity and enhance efficiency.
In the organisational level, the management is getting more transparent, and employees are being empowered to take decisions. Earlier, there were 15 levels in the organisation, which has been brought down to five. The company is investing in IT to speed up development cycles, and to make internal communication seamless. More emphasis was being given to marketing to improve top and bottom line, he said.
Focuses on value addition in manufacturing