Growing at a CAGR of 7.8 percent in India, the Cable Tray market is showing signs of rapid growth and prosperity. With the increasing infrastructure demand in the country, the requirement for electrical wiring has become more necessary than ever. This is where the cable tray manufacturers play a vital role to facilitate the electrical wiring systems. Cable trays are essential equipment when it comes to heavy wiring as they help maintain control and power distribution of cable system in industries.
KM Enterprises, based out of Delhi, is one of the trusted cable tray manufacturers. Being a part of the market since 1990, it is a witness to every industrial transformation in the business ecosystem and how the market of cable trays has grown over the years. Quality manufacturing being the first priority, KM Enterprises also specializes in on-time delivery of the product. “We have seen that delivery becomes one of the major problems for clients when it comes to cable trays. This is the reason why stress a lot on delivery and try to be perfect about it every time,” says Kapil Malhotra, Managing Director, KM Enterprises.
A Strong Foundation
The company was founded by Shyam
Malhotra who was experienced enough to delve into this market and create a sustainable business out of it. Kapil is the second generation owner of the company who gives all the credits for the success of the company to his father. He says that only because of his father’s knowledge and efforts, KM Enterprises is now an Rs.18 Crore company which motivates every working member of the company to do more and take the company forward.
The company has grown considerably as a brand in the city of Delhi for the dealers and contractors. Moreover, it supplies cable trays PAN India and has clients all across the country. KM Enterprises wants to strike the increasing demand of cable trays in the country and provide quality product and service to more and more cable management systems of buildings and infrastructures.
We have seen that delivery becomes one of the major problems for clients when it comes to cable trays. This is the reason why stress a lot on delivery and try to be perfect about it every time
Shyam Malhotra started this business with the help of one his close associates and friend, SK Singh who has been of immense help in the growth of the business. “SK Singh and my father built the foundation of the company and made it a recognizable name in the industry. I only wish to carry the legacy forward,” states Kapil.
Towards a Brighter Future
KM Enterprises has grown at a very steady rate owing to relentless efforts of the management and hopes to expand to more metro cities in the days to come. It wants to cater to the management of electrical systems in all the metros of the country because most of the demand is getting generated from these areas. Talking about the future of the company, Kapil concludes, “We wish to grow at a rate of 25-30 percent for the coming two years and we also have plans to start exporting our product and go international.”