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Remswegs Marketing aims for 25% growth in FY24
Articles- Sep 30,23
The company is into hydraulics, welding, bearings and lubricants which are needed in all industries
Indore-based Remswegs Marketing supplies industrial products such as bearing, hydraulics, welding, lubricants, ?lters, abrasives, etc for various sectors. “Remswegs is 27 years old company and started business with hydraulics. Our expected growth from FY23 to FY24 will be 25 per cent,” said Nitin Jain, Director, Remswegs Marketing Pvt Ltd, Indore.
The company is an authorised distributors for leading companies like Yuken, Veljan Denison, Ewac Alloys, Timken, Danfoss Fluid Power Solution, Mahle Filters Systems, Bucher Hydraulics, Panasonic Welding Systems, GS Caltex, SAK Abrasives Industries etc for their all products. “We are catering to almost all industries except pharma. We are into hydraulics, welding, bearings and lubricants which are needed in all industries,” he commented.
Nitin Jain added, “Our customer faces the problem of duplicity of products. Due to piracy products, it is difficult for customer to identify the original products and duplicate products. To overcome this challenge, we are sending products images along with our offer to educate them through original products description.”
Airing his grievances against the government, he said, “It is very worst conditions in Madhya Pradesh as we do not have any big or huge plants in the state. In fact, Indore is the industrial capital of MP and the government has failed to boost economy of the state. The government should take steps to ensure proper power supply, lower power rates, make available land & loan facilities, etc.”
On the future plans for Remswegs, Nitin Jain stated, “We are very much optimistic and our growth plan is around 40 per cent for the coming year.”
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