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The Silicon Review Asia

India's Leading Organized Retailers Providing a Comprehensive Range of Products: Shankara Building Products Ltd.

The Silicon Review
December, 2018

thesiliconreview-sukumar-srinivas-founder-md-shankara-building-products-ltd-2018

Shankara constructing merchandise Ltd. is one in every of India's main prepared outlets of domestic improvement and building products in India, primarily based on a number of stores running beneath "Shankara Buildpro". The agency contains with it a legacy of 21 years of impeccable carrier to clients spread throughout south, west, and east India.

Its operations are founded in Bangalore. The distribution network, department offices, warehouses, and retail shops span the states of Karnataka, Kerala, Andhra Pradesh, Telangana, TamilNadu, Maharashtra, Gujarat, Orissa, Goa, Madhya Pradesh, and Puducherry. It has its very own fleet of trucks for delivery to assist increase its logistics competencies. This allows in offering the closing mile shipping. Its processing facilities are placed in severa states of India.

Message from Managing Director

Today, Shankara represents considered one of the biggest and main organised stores of building products in India with merchandise along with structural metal, cement, TMT bars, hole blocks, pipes and tubes, roofing solutions, welding accessories, primers, sun heaters, plumbing, tiles, sanitary ware, water tanks, plywood, kitchen sinks, lighting fixtures and other allied products.

Shankara employs over 1700 people and this circle of relatives continues to grow. Our success is based on a mixture of the group's ardour for constructing products and abilties to scale very fast. we've got a tradition which is based on meritocracy and fairness. We agree with in non-hierarchy and that everyone's voice should be heard regardless of rank and function. This tradition, combined with our crew and global-magnificence products, is what makes us one among India's leading constructing products companies.

Business Units

Retail: The retail arm of Shankara provides a wide range of building products. There are 100 retail counters spread across the Shankara geography which cater to a large customer base. The product portfolio includes TMT and steel products, fabrication items, cement, roofing solutions, CP fittings, sanitaryware, tiles, wooden flooring, electrical and plumbing items, aluminum composite panels, etc. to name a few. It offers products from brands such as Alstone, Futura, Sintex, APL Apollo, Ganga, etc. Shankara Buildpro aims to be a one-stop shop for building products and solutions.

Processing: Shankara has three processing units housed in subsidiaries:

  • Taurus Value Steel & Pipes Pvt Ltd: It is located near Hyderabad, Telangana with a processing capability of steel pipes and tubes (HR rounds, sections, galvanized, precision tubes, and special grade tubes) and Galvanised strips.
  • Vishal Precision Steel Tubes & Strips Pvt Ltd: It is located near Bangalore, Karnataka with a processing capability of steel pipes, tubes, and cold rolled strips.
  • Century Wells Roofing India Pvt Ltd: It has units located in Bangalore, Hubli, Chennai, Coimbatore, Vijayawada, and Pune processing color roofing sheets and accessories.

Enterprise: The enterprise business encompasses an own fleet of 47 trucks to augment its logistics capabilities, covering rural, semi-urban, and urban requirements of the geography the company operates in. In this vertical, the company services large end-users, contractors, OEMs, and projects, apart from catering to its network of retailers. Shankara has the potential and infrastructure available in numerous key locations of India. The enterprise business currently has the capacity to handle 323, 200 tonnes of steel and steel tubes per annum and also other building products like water tanks, tiles, bath fittings, welding electrodes, etc.

Corporate Social Responsibilities

Shankara firmly believes in its contribution to society. SBPL has a clear commitment to promote girls empowerment and assist underprivileged kids and the elderly. Following are a number of the companyís initiative to make a contribution towards the society:

  • Shankara has adopted a school in Bangalore as a part of its continued philosophy of giving back to society and also distributes school materials to needy children in rural areas
  • It has sponsored a program called 'child rights through soccer’ in Chennai
  • Shankara conducts health camp regularly for underprivileged people to prevent high-risk It also runs an ongoing program to sponsor mobile health camp through HelpAge India, an NGO in Bangalore
  • Shankara supported an outreach program to help HIV affected families in Bangalore. It also provides financial support to rehabilitate and educate physically and mentally challenged children in remote areas

Meet the Leader

SukumarSrinivas, Founder,and Managing Director: He holds a Bachelorís degree in trade from Loyola university, Chennai, university of Madras and a publish-graduate diploma in commercial enterprise control from the Indian Institute of management, Ahmedabad. He has 33 years of experience in the steel tubes and constructing product enterprise. previous to becoming a member of the Shankara, he was related to Gemini metallic Tubes limited in various capacities. He currently holds the position of President of the Karnataka Pipe dealerís association.

“We are known for our team with experienced and dedicated people heading the operations with an uncompromising attitude to quality and efficiency through all its services.”

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