How Avijit Ghosh Modernised HEC’s Business

Heavy Engineering Corporation got a new Chairman-cum-Managing Director in Avijit Ghosh, the former director (mining) of Hindustan Copper Limited. Ghosh replaced R. Misra after his tenure got over on 31st December, 2014. He became the 21st CMD to lead HEC ever since it was formed on 15th November, 1958. Ghosh’s name was recommended on 26th June 2014 by the Public Enterprises Selection Board under the Union Ministry of Personnel Public Grievances and Pensions.

While at HEC, Avijit Ghosh was deeply involved in modernising the various operations of the company. He also worked towards navigating the various challenges that the company was facing and designing and designing a clear roadmap for success. Here, in our blog, we are going to take a look at how Avijit Ghosh helped drive industrial modernization at HEC. We will also under how he was able to ensure that the Indian industrial sector achieves the desired growth and success.

Avijit Ghosh’s Priorities and Visions

According to Avijit Ghosh Heavy Engineering Corporation, his top priority at HEC would be to help the company achieve the required growth. He felt that there was a need to stabilize the operations of HEC in the first place. He also mentioned that it would be his primary endeavour to ensure that HEC achieves the desired prosperity in all sectors that it operates. He also wanted to make HEC a leader of the ongoing Make In India campaign. Just as he had promised, with his extraordinary efforts and contributions, Avijit Ghosh did succeed in fulfilling all his goals. He was also able to ensure that the company’s growth journey is well addressed.

Even while he was at Hindustan Copper Limited, he succeeded in bringing about significant development to the company. He was also able to ensure that the HCL’s various business goals were achieved. This caused him to become one of the leading names in the industrial sector. Avijit Ghosh also introduced various sustainable mining practices to the Indian mining sector. This further caused him to earn the reputation of being one of the biggest players in the Indian mining sector.

Dealing with the Challenges

When Avijit Ghosh Heavy Engineering Corporation became associated with HEC, the company was grappling with various challenges. It was dealing with various outdated technologies which brought about several hindrances to its business. The company did not have sufficient capital to carry out its various activities. It was also dealing with operational inefficiencies. As a result, it became a challenging affair for the company to survive in the rapidly changing industrial ecosystem. It was falling back in the race. The company’s revenue generation was also decreasing to a significant level.

Upon joining HEC, Avijit Ghosh identified each of the challenges the company was facing. He also designed a modernisation plan which helped restore HEC’s reputation as a hub of engineering services. Avijit Ghosh’s vital role in the revival of HEC is also seen as a national imperative to enhance India’s capacity in producing heavy engineering equipment for various core sectors like defence, steel, mining, and space research.

Bringing Significant Developments to Various Industrial Sectors

While at HEC, Avijit Ghosh brought about significant developments to various sectors where HEC has its presence. Through a comprehensive modernisation roadmap, he brought about various developments to three of the major plants operating under HEC: the Heavy Machine Building Plant (HMBP), the Foundry Forge Plant (FFP), and the Heavy Machine Tools Plant (HMTP). He helped in upgrading the outdated systems which were harming the company’s productivity. He also introduced various advanced technologies which boosted the production process.

Other than that, Avijit Ghosh HEC also helped align HEC’s operations with various global engineering standards. Under his leadership itself, HEC was able to enter into partnerships with some of the leading technology providers from all across the world. This helped HEC in upgrading its machinery and adopting digital tools for optimisation. He also introduced various advanced technologies like robotic welding, automated design and simulation systems, CNC machining, etc. This brought an end to manual time-intensive practices.

Avijit Ghosh also optimised the various inventories. This further reduced the challenges associated with overstocking and understocking of products.

Fostering Research and Innovation

Avijit Ghosh Heavy Engineering Corporation heavily invested in research and development. He always encouraged a culture of collaboration. HEC’s collaboration with top educational institutes like IIT-ISM Dhanbad, CSIR laboratories, etc., was revitalised under Avijit Ghosh’s leadership. This partnership helped the company in coming up with advanced material handling solutions, energy-efficient designs, optimised processes. Avijit Ghosh also focused on Make in India and Atmanirbhar Bharat principal. He made sure that indigenous design and production capacities were strengthened. He also strongly emphasised on the need for home grown innovation to lead India towards success.

In Conclusion

In this way, Avijit Ghosh’s modernisation plan helped HEC in reaching the pinnacle of success. The company was also able to ensure that its various growth plans were achieved.