BMM ISPAT LTD.
http://www.bmm.in/
The journey of the BMM Group is a reflection of the path tread by every entrepreneur who believes in the human potential and one's own ability to bring about a life affirming change that transcends time. BMM Group was born out of this committed belief of Late Shri Udaichand Singhi.
Entrenched in the Indian ethos, with an astute understanding of market needs, values and sensibilities Mr. Dinesh Kumar Singhi inherited the legacy from his father and has built the BMM Group on sound fundamentals since 1998. He steered the company towards growth by being the first mining company to establish a power generation plant for captive use, and creating a steel plant from the captive ore mine. Over the last 12 years, BMM has been able to add value to every relationship under his able and dynamic leadership.
Today, BMM is a 2000 Crores company due to its focus on market orientation and optimal usage of technology to achieve process efficiency and value addition. BMM has always believed in the principle of sharing and hence continues to transfer this benefit derived from sustained growth to its employees, partners and associates.
The unique value proposition that defines the very fabric of the BMM culture is the firm's belief in unleashing this 'potential in tonnes' in terms of its human capital, continuous growth and consistent benefits to its stakeholders.
The human potential at BMM is reflected in the depth of domain expertise across diverse sectors and dynamism of youth at various levels in the Organization. Business operations lead by professionals with decades of market understanding and a dynamic team enables BMM to deliver superior product quality. It is this human potential that keeps BMM attuned to scaling new heights and meeting customer expectations.
While consistently adding value to its partners, BMM is sensitive to its responsibility towards the environment by implementing best practices in its Business Operations and contribution to society through various social Endeavour's. BMM has a commitment of being a good Corporate Citizen and is is committed to achieving business goals through ethical means. BMM hence has been able to have deeper relevance to society by creating value that is inclusive and truly benefits all.
BMM believes in a set of coherent values to guide its behavior in all situations. These are
Unity of Purpose
Organization shall not attempt to achieve individual gain without contributing to the progress of the Nation.
Protecting the Environment
We human beings are a small insignificant part of the Universe and yet we are powerful enough to damage the environment and to self-destruct. Protect the environment for the future well-being of our planet and occupants
Goodwill
Cultivate beneficial relations where all Stake holders of a business transaction gain in an atmosphere of free choice and mutual respect. Keep a sense of balance at work. When we have higher purpose that transcends all business Endeavour's then it is much easier to resist temptations to let the end justify the means in business decisions.
Service
Establish success on the bedrock of customer service. We should use all our abilities to engage in service which treats customers and community respectfully.
Transparency
An attitude of openness is shared with the entire Stake holders at all times, which would allow a new way of looking at something which encourages flow of creativity.
Karma Yoga
Work is worship. Focusing on action with involvement and concentrating on the task in hand without fear or favour and striving to have right intention and right action.
Team
Idea, resources, focus, clarity and sound business strategy are alone not sufficient. Bring together a great team which considers problems as disguised opportunities and work together with determination to achieve the goals.
Resourcefulness
Resources alone do not guarantee success. Resourcefulness of team members and their ability to deploy resources judiciously is the differentiating factor. What matters is not how well we perform when the going is good but how well we perform when the going gets tough.
Work as Play
Challenges are faced rather than feared to bring out the latent talent in our people
Change
Change is merely a challenge to identify new way of doing things and a compulsion to get out of our comfort zone that demands our intelligence and our response to events for survival.
BMM strongly believes in the famous words of Aristotle - We are what we repeatedly do. Excellence then is not an act but a habit. Our Ten core beliefs are
Ambition first and foremost for the Organization and concern for its success rather than ones own riches and personal glory.
Success is not a destination in itself but a series of destination where fresh challenges are encountered and overcome along the way.
Failure is not a crime, to offer less than 100% is.
It is not enough to have strategy. Execution is more important and in order to execute the most important thing is Goal alignment.
Disciplined thought with disciplined action and an ethic of entrepreneurship is the alchemy of great performance.
Ability alone is not a major distinguishing factor in Success but attitude is.
Rigor first applied on the top, focused on those who hold the largest burden of responsibility.
Every minute devoted in putting the proper person in the proper slot is worth weeks of time later.
Letting the wrong people, stay in the Organization is unfair to all the right people as they inevitably find themselves compensating for the inadequacies of the wrong people. Worse it can drive away the best people.
We and Ours should take precedence over i and mine.
The BMM Group has two Manufacturing Facilities -
BMM ISPAT Limited - Located at Danapur, Hospet, Karnataka
BMM Cements Limited - Located at Gudipadu, Yadiki Mandalam, Anantapur District,
Andhra Pradhesh
Our current capacities at BMM ISPAT Limited
Beneficiation Plant 2.60 Million Tons per annum
Pellet Plant 2.40 Million Tons per annum
Sponge Iron Plant 0.73 Million Tons per annum
Induction Furnace 0.10 Million Tons per annum
Rolling Mill 0.09 Million Tons per annum
Power Plant 165 MW
BMM ISPAT LIMITED has embarked upon an expansion projects which will result in new capacities for
Integrated Steel Plant 2.00 Million Tons per annum
Power Plant 70 MW
BMM CEMENTS LIMITED has a capacity of producing 1 million tonnes of cement per annum.
BMM in being a good Corporate Citizen is committed to its activities in the area of Corporate Social Responsibility (CSR). BMM hence has been able to have deeper relevance to the society by creating values that is inclusive and truly benefits all.
BMM has set up a foundation called "ANURAG REHABILITATION PROGRAMME FOR A DISABLED CHILD" way back on 20.10.2008 in association with Sanjeevini Hospital, Kappagal Road, Bellary 583 103 to provide free treatment for club foot disease in children which is very prevalent in and around Bellary. The foundation have conducted operations and successfully cured till date around 300 kids.
BMM have constructed 700 houses at Kudloor & Motur Villages in Siraguppa Taluk of Bellary District in Karnataka for the people who lost their house in the floods in the year 2009.As committed and promised all 700 houses are completely built and handed over to the Government. The Deputy Commissioner, Bellary recently conducted a program and have started distributing the houses for the homeless who lost their house in floods.BMM have spent Rupees Seventeen Crores on this project.
These are few of the CSR activities of the BMM Group.
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