The company ethos mirrors most characteristics similar to its core product; like electrical steel TKES India is innovative and flexible in its thought process; consistent and technology driven in products; environment friendly and energy conserving in its manufacturing process.
TKES India, strategically positioned in one of the rapidly growing markets in world, is set on the path of growth supported by ThyssenKrupp Electrical Steel, Germany.
Steel making is considered to be one of the oldest and most elemental businesses. Post liberalization era in India propelled strong growth of infrastructure sector and increase in per capita income increased the demand for the electrical equipments. In 1995, Raymond Limited started a unit, Raymond Steel, at Nashik, India, to manufacture electrical steel as well as mild steel. By the year 1998, Raymond decided to come out of steel business. ThyssenKrupp Electrical Steel, Germany, one of the largest corporate in steel business, found it befitting to their global strategy and started the negotiations. Since 2004, TKES India is a wholly owned subsidiary of ThyssenKrupp Electrical Steel, Germany.