Welcome to Bengal Tools

Chairman's Speech

It would be important to understand where Bengal Tools Limited comes from to comprehend where it is headed. The Company went into business in the Sixties through the manufacture of tools, dies, jigs and fixtures to address the growing opportunities in eastern India, then the hub of India's engineering sector. By the Seventies, the Company had extended to the manufacture of industrial knives and shearing blades to replace the legacy application of gas cutting, enhancing the precision of applications in the country's railways, Defence, paper, plywood and ordnance sectors.Concurrently, a growing supply to the country's ordnance sector resulted in the Company seeking DRDO certification and indigenizing imports through the manufacture of field engineering equipments like mat ground surfacing, mechanical mine layers, portable shelters and asphalt track ways through a highly specialized and competent design team.A few years later, the Company leveraged this rich engineering insight and extended to the design, engineering,manufacturing, supply, erection and commissioning of the bulk material handling conveyor system to progressively replace the proportion of labour with appropriate mechanization leading to lower costs and enhanced mine safety. Foreseeing encouraging opportunities in other business segments, the Company forayed into the lucrative agri-equipment business as well as the ship construction and repair business in the following years. By combining its resident knowledge of material transportation for the coke manufacturing industry and engineering knowledge, the Company entered a new business in 2007 - coal and chemical management, which enabled downstream coke manufacturers to segregate and market precious waste gases derived as by-products from the coke manufacturing process. Moreover, the Company leveraged its rich industry insight and embarked on the manufacture of niche thermal power plant accessories, riding the attractive growth arising from this industry segment. A company that entered one business space in 1965 is present across six business spaces in 2010. Besides, the Company acquired the erstwhile unit of APV Texmaco (now Bengal Tools Ltd) focusing more on turnkey responsibilities. In doing so, a company that started off as a modest engineering manufacturing unit in the mid Sixties, has evolved into a specialized engineering solutions provider, leveraging its near-fifty year engineering expertise. During this long journey of over four decades, the Company has emerged as a respected light-to-medium engineering organisation engaged in the turnkey management of material handling and coal-chemical projects on the one hand as well as a company evolving from a principal focus on jobbing to a growing proportion of turnkey projects management, on the other. Going ahead, we expect to graduate from jobbing and turnkey projects to EPC assignments, enhancing our contract sizes, strengthening our brand and emerging as one of the fastest-growing engineering companies in India.

HUMAN RESOURCE VISION

Bengal Tools Limited is to be recognized globally for providing its employees’ an environment for personal and professional development thus attaining a competitive advantage strategically for sustaining long term Business Objectives.

All employees will be treated as valued individuals and would be encouraged to arrive at work with a sense of purpose and leave every day with a sense of accomplishment. Employees throughout the organization will be encouraged to work together to create an environment of total harmony and provide world-class standards of service to all customers regardless of their social status or ethnicity.

VALUES
Principles that guide our people at all levels:
• Nurture and develop our principal assets – our people
• Empower and equip our people to achieve our Goals
• Reward outstanding effort and initiative
• Encourage innovation
• Respect all cultures
• Manage with Humility

CULTURAL CHARACTERISTICS
• We Perform in Teams
• We encourage Innovation
• We are Multicultural
• We ensure Personal & Professional Growth
• We are Customer Focused
• We enjoy working
• We are passionate
• We care for each other
• We are ownership of our work
• We are responsible corporate citizens

PEOPLE PHILOSOPHY

Human Resource shall select, train and develop a talent Pool with the best service oriented professionals in every region in order to cater to the long term objectives of the Organization. Human Resource shall ensure high employee satisfaction levels through various valuable and tangible HR practices.

PEOPLE PHILOSOPHY IN ACTION
Commitment to acknowledge and enhance people’s capabilities to ensure a positive experience for our valued employees & others.
1. PERFORMANCE DEVELOPMENT – Commitment for achieving personal & professional development
2. RECRUITMENT – Selecting and retaining best people.
3. COMMUNICATION – To be known as a “Listening” organization of well informed and impassioned people.
4. COMPETENCIES – Combining Personal Skills, capabilities, knowledge & Positive behaviours for success.
5. TRAINING – Achieving excellence through various developmental programs.
6. RECOGNITION – Achieving of Individual & Team initiatives.

Bengal Tools Limited started its operation in 1966 by establishing design and manufacturing facilities for various kinds of press tools, jigs & fixtures and form tools. In the initial stages our clients were Hindustan Motors Limited, Remington Rand, Philips, Guesttetner, Oriental General Industries and TELCO.

Around 1970 Bengal Tools looked for diversification and identified defence as a prospective client. Bengal Tools's break-through came from an order for Mobile Corrosive Acid Handling Plant. It was quickly followed up Concertina for Border Fencing, Portable Chain Saw and Portable Wood Borear. By mid 1970's Bengal Tools struck a technical collaboration with Tempered Tools of Sheffield for manufacture of shear blades. This product of Bengal Tools is well accepted by customers like major steel plants, paper mills and a host of general engineering industries.

As the above production stabilized and organization further strengthened, Bengal Tools realized that it had room for new products. Air Pre-Heater Basket was developed and supplied to Renusagar Power Plant. This product was successfully designed and developed & since 1976 Bengal Tools has been supplying Air Pre-heater Baskets to all major Indian Thermal Power Plants and Captive Power Plants belonging to Steel Plants.

In 1980, Bengal Tools diversified into design and supply of Material Handling Plant and the first order was received from Heavy Engineering Corporation, Ranchi for Plate Mill of Bhilai Steel Plant.

In 1984 Bengal Tools ventured into turnkey installation of Coal Handling Plants and the first order was received from Eastern Coal Fields for its Tilaboni Mines. Next two jobs were from Bhaskar Shrachi and Eastern Coal Fields

Simultaneously Bengal Tools also developed a design for gear boxes and is now an established manufacturer of Gear Boxes of up to 110 KW. Bengal Tools continued its business with Defence and gradually got the following orders:

a) Mat Ground surfacing of various capacity and applications.
b) Pre-Fabricated shelter (light, medium and plain).
c) Mechanical Mine Layer Equipment.
d) Water Purification Plant Portable.
e) Spares and components for Kruppman Bridge.

With established management practices, quality control systems and systemization of procedures Bengal Tools is now looking forward to for export marketing. The company plans to expand with Global presence 2015.

Acquisitions:
The Company acquired the erstwhile unit of APV Texmaco (now Bengal Tools Ltd) focusing more on turnkey responsibilities. Bengal Tools today has therefore evolved into a specialized engineering solutions provider, leveraging its near-fifty year engineering expertise.

Looking Ahead:
Graduate from jobbing and turnkey projects to EPC assignments, enhance contract sizes, strengthen brand BENGAL TOOLS and emerge as one of the fastest-growing engineering companies in India.

Today the Company has emerged as a respected light-to-medium engineering organisation engaged in the turnkey management of material handling and coal-chemical projects on the one hand as well as a company evolving from a principal focus on jobbing to a growing proportion of turnkey projects management, on the other.

A company that entered one business space in 1965 is present across six business spaces in 2010. During this amazing journey of over four decades there have been innumerable hurdles to cross only to emerge a winner, thriving on challenges.

The Journey:

>	The Company went into business in the Sixties through the manufacture of tools, dies, jigs and fixtures to address the growing opportunities in eastern India, then the hub of India's engineering sector.
>	By the Seventies, the Company had extended to the manufacture of industrial knives and shearing blades to replace the legacy application of gas cutting, enhancing the precision of applications in the country's railways, defence, paper, plywood and ordnance sectors. Concurrently, a growing supply to the country's ordnance sector resulted in the Company seeking DRDO certification and indigenizing imports through the manufacture of field engineering equipments like mat ground surfacing, mechanical mine layers, portable shelters and asphalt track ways through a highly specialized and competent design team.
>	Soon the Company leveraged this rich engineering insight and extended to the design, engineering, manufacturing, supply, erection and commissioning of the bulk material handling conveyor system to progressively replace the proportion of labour with appropriate mechanization leading to lower costs and enhanced mine safety.
>	Foreseeing encouraging opportunities in other business segments, the Company forayed into the lucrative agro-equipment business as well as the ship construction and repair business in the following years.
>	By combining its resident knowledge of material transportation for the coke manufacturing industry and engineering knowledge, the Company entered a new business in 2007 - coal and chemical management, which enabled downstream coke manufacturers to segregate and market precious waste gases derived as by-products from the coke manufacturing process.
>	The Company leveraged its rich industry insight and embarked on the manufacture of niche thermal power plant accessories, riding the attractive growth arising from this industry segment.



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