Key Announcement
Hirect Limited has secured a new order from the United States for IGBT Converters specifically for the mining industry. This order represents the company's first entry into the mining segment.
Product and Application Details
The IGBT Converters are designed for use in demanding mining environments with stringent requirements for robustness, reliability, and uninterrupted performance. The order reflects the company's engineering and manufacturing capabilities in delivering high-performance power electronic solutions for specialized industrial applications.
Strategic Significance
The order is aligned with the company's long-term strategy of expanding its international business. Hirect will continue to pursue opportunities across global markets, supported by its engineering expertise and manufacturing base in India.
Company Background
Hirect Limited (formerly known as Hind Rectifiers Limited) was established in 1958 in partnership with Westinghouse, Brake & Signal, UK. The company has 950 employees across two manufacturing plants located at Nashik and Bhandup in India. It exports products to over 30 countries and maintains offices in India, Sweden, and the UAE.
The company designs and manufactures power electronics equipment including Power Converters, Control Electronics, Transformers, Rectifiers, Inverters, Motors, and HVAC systems. These products serve sectors including Railways, Defence, Power, Hydrogen, Steel, Cement, Chemical, and Paper.
Corporate Identifiers
Hirect Limited CIN: L28900MH1958PLC011077
Strategic Growth Advisors Pvt. Ltd. CIN: U74140MH2010PTC204285
Disclaimer
The document contains forward-looking statements subject to numerous risks and uncertainties, which may not be predictive of future results. The company assumes no obligation to update these statements.