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Pulleys and Couplings are a pre-requisite for most mechanical
operations. There are varieties of pulleys like the Taper
Lock Pulley, Timing Pulley and Network Pulley.
Paper Lock Pulley, which has the maximum demand, ranges
from 80 metres to 2 metres, having different sections like
A, B, C, D, E (Classical sections), SPZ, SPV and
SPE (Space Saver Bed sections).
Couplings on the other hand, are mainly used for pump
applications. The size of the couplings depends on the application.
In the case of cement plants and stone crushing plants, gear
couplings are preferred.
B. Joseph Clement, one of the four partners of Best
Pulleys and Couplings (P) Ltd., dealers in Pulleys and
Couplings in Chennai, spoke to www.chennaibest.com on
this industry in Chennai.
What
is the application of pulleys and couplings?
Pulleys are used mostly in manufacturing industries. The
major application of pulleys is for manufacturing blowers.
Whereas, couplings are used for pump applications, like those
in fertilizer, cement and stone crushing plants.
What is the growth rate of the Pulleys
and Couplings market in Chennai?
Growth is very poor. This is because no new industry has
come up in Chennai recently, except for Ford and Hyundai.
The main reason is that the whole country is undergoing
a recession period and added to it, Government policies are
disappointing. The situation has been dismal for the last
three or four years. For instance, in Ambattur Industrial
Estate, many companies have closed their operations because
there are no orders. Moreover, the market has become a buyers
market. Companies don't maintain inventory. They make only
telephonic enquiries and take the required products only when
there is a dire need. They also frequently change their suppliers,
depending on their requirements. This is not a healthy trend.
What
is likely to be the future growth?
There will be growth only if new companies are set up. This
will not happen unless the Government changes its policies.
What is the break-up of demand for this
range of products?
There is no specific break-up of demand. If adequate stocks
are available orders are immediately processed. Otherwise,
we request some time from the customers; say one week to 10
days, for manufacturing the products according to their specifications.
Has the oil price hike had any impact
on your business?
Yes. Due to the hike, the price of raw materials increased.
We cannot increase the price of finished products all of us
sudden. As a result we are getting a very low margin of profit.
The only option we have is to reduce our profit margin.
What
ethics come into play in this industry?
We manufacture pulleys and couplings to international standards.
We have some standard specifications as mentioned in UK catalogues
for manufacturing the products. For instance, with regard
to couplings we maintain a standard of Grade 20. If
customers require cast iron Grade 25 couplings, we
manufacture according to their requirements. It just requires
some changes in the chemical composition.
Who are your major customers?
My major customers are Madras Fertilizer, Indian
Oil Corporation, Indian Organic, SPIC Organic,
Manali Petrochemical and Tamil Nadu Petrochemical.
We also regularly supply conveyor belts, timing belts, couplings
and pulleys to Hyundai.
Who is your major competition?
In the field of mechanical power transmission our major competitor
is Fenner (Hyderabad-based company). Otherwise, we
are a monopoly in Chennai. We are the only company in Chennai
who manufacture Taper Lock Pulley of all ranges and sections,
apart from Fenner. That is why we are the major player who
cater to all the industries in the four Southern States. This
is possible because of our strong tie-up with our principal
company, based in Hyderabad.
Address: Best Pulleys and Couplings (P) Ltd., # 93,
S.M.Plaza,
Armenian Street, Chennai 600 001.
Phone: 91-44-2526 1540/2636 0790/2521 0598
Fax: 91-44-2521 0598 ...
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