In a moment of pride and recognition, Metalwork Industries Ltd, based in Jamshedpur, was honoured with the esteemed Economic Times award for MSME of the Year 2023. The accolade comes after a rigorous selection process that spanned five months and evaluated over 15,000 companies nationwide. Metalwork emerged victorious, securing its position among the top eight companies in India.
Metalwork, a stalwart in the industry with a three-decade legacy, is a proud member of the Sabind group, known for its diverse interests in Auto Components, Ferrous Foundries, and Real Estate. The company's global footprint extends to supplying auto parts and high-precision assemblies to Original Equipment Manufacturers (OEMs) in nine countries, in addition to its significant contributions within India.
Founded by Sanjay Sabherwal, a visionary first-generation entrepreneur, Metalwork has continually demonstrated excellence in its sector. Sabherwal, who is also the Past Chairman of CII Jharkhand State Council and Past Chairman Eastern Region for the Automotive Component Manufacturers Association (ACMA), remains actively engaged in various Corporate Social Responsibility (CSR) projects within the state.
The recognition from the Economic Times is a testament to Metalwork's commitment to quality, innovation, and global competitiveness. As a key player in the automotive supply chain, Metalwork has not only thrived in the dynamic business environment but has also contributed significantly to the growth of the region.
This accolade holds special significance, especially as it coincides with the Jharkhand state government's efforts to formulate and implement policies that encourage investment in the Micro, Small, and Medium Enterprises (MSME) sector. Metalwork's achievement serves as a beacon of inspiration for MSMEs in Jharkhand, reinforcing the potential for success and recognition on a national stage.
The award underscores Metalwork Industries Ltd's dedication to excellence, setting a benchmark for others in the industry and highlighting the vibrancy and potential within the MSME landscape in the state.