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Rajeev Jhawar-Usha Martin

Managing Director

Organization

Social Links

Birth & Early Life

Rajeev Jhawar, son of Brij Kishore Jhawar, assumed the role of Managing Director at Usha Martin Limited on May 19, 2008.
He also holds the position of Director at Neutral Publishing House Ltd.
Usha Martin Limited faced challenges, including substantial debt and internal family disputes, for several years.
In 2019, the company alleviated some of its financial burdens by selling its steel division to Tata and resolving most of its debts.
Presently, the company's debt, including working capital, stands at Rs582 crore, a significant reduction from Rs4,600 crore in 2018-19.
Usha Martin is renowned for its diverse range of wire rope products, utilized across various global industries.
These wire ropes find applications in critical sectors such as oil & offshore, cranes, mining, elevators, fishing, conveyor belts, and general engineering.
The global outbreak of the COVID-19 pandemic has led to considerable disruptions and economic slowdowns, affecting Usha Martin's operations.

Physical Status

Male

Education

Institution	Degree	Field
London Business School	BACHELOR	Industrial Services

careers

Organization	Title	Duration
Kgvk Rural Enterprises Limited	Director	Oct 4, 2007 - Present
Orient Cement	Independent Non-Executive Director	2012 - 2022

Personal Details

Married

Events

Boards and Advisor Roles

Organization	Position	Start Date	End Date
Pars Consultancy & Services Pvt Ltd	Director	Oct 27, 2010	Present
Usha Breco Realty Limited	Director	Jun 29, 2005	Present
Brunton Wire Ropes FZCO	Director	2003	Present
The Institute of Chartered Accountants of India	Member	1996	Present
Usha Breco Limited	Director	Apr 19, 1969	Present
Gustav Wolf Speciality Cords Ltd	Director	-	-
Neutral Publishing House Ltd	Director	-	-
Summit Usha Martin Finance Corporation Ltd	Director	-	-
KGVK Social Enterprises Ltd	Director	-	-