The construction industry demands materials that bring robustness, strength, and reliability to the table. This is the kind of industry that thrives under an immense area of innovation, strategic decision-making, and building long-term relationships with its stakeholders, from manufacturers to supply chains and distributors. A unified vision is essential to scaling the construction industry. The editorial of Business Outreach Magazine expresses its utmost pleasure to collaborate again with Balmukund TMT bars and celebrate their achievement of receiving the National Icon Award 2025.
Balmukund Steel was founded by the family of the late Gopal Krishna Kanodia in 1995 in eastern India Over the years, the company has grown significantly in terms of revenue, size, and innovative business model. Balmukund Steel is now run by Mr. Rajeev Kanodia and Mr. Sanjeev Kanodia, the two sons of the late Gopal Krishna Kanodia. Under the leadership of Mr. Rajeev and Mr. Sanjeev, Balmukund Steel and TMT Bars have redefined entrepreneurial excellence in the construction industry. Currently, Balmukund Steel produces high-quality TMT from 6 mm to 32 mm. Their production stands at about 180,000 tonnes annually. To deep-dive into their products, Balmukund Steel produces bars and rods of different sizes. The steel rods of the categories CTD/TMT/CRS come in sizes like 6, 8, 10, 12, 16, 20, 25, and 32 mm rods. These materials are used in several civil construction works and in buildings. The company opened their first factory in Mahodeopur Phulari Bihta, Patna. The leadership is also strategizing to expand their business in regions like West Bengal, Jharkhand, and Odisha.
The self-produced raw material of M S billets/ingots of IS2830 comes with strict quality supervision. With qualified foremen and supervisors, the size, maintenance, and weight are carefully looked at. The skilled engineers look at the adherence to standards and quality. Rajeev Kanodia adds that every half hour, random samples are picked up from the production process to maintain product quality. As per IS1786/1985 for TMT bars along with IS-2830 for billets/ingots, values are noted and test certificates are issued to clients.
It is imperative that the steel industry provide products that are high quality, last longer, and adhere to all regulations. The reputation of Balmukund TMT Bars precedes them, as they recently received the National Icon Award 2025. Under the planning of Mishwa Production, this auspicious event was graced by eminent personalities, respected leaders, and industry masterminds. Balmukund TMT Bars, along with other participants, was given this prestigious award. The stage was lit with the shine and aura of Balmukund TMT Bars, which comes from the decades of commitment to the construction industry from the “Family of Kanodias.” The company’s top-tier product, which is defined by longevity in infrastructure, led to this award. On this special occasion, respected actor and film producer Arbaaz Khan handed over the trophy and certificate to the winners.
When we reached out to Balmukund TMT Bars to know the reason for their impressive scalability, they shared with us something that goes beyond strategy and resilience. It is about a unified goal to become one of the largest steel and TMT bar companies in eastern India. And that spreads across the entire team, which fosters innovation and nurtures the latest technology. Most importantly, Rajeev Kanodia and Sanjeev Kanodia draw their entrepreneurial excellence from the emotional connection of the legacy. Their collective strength has always built lasting relationships with the stakeholders.
The company has experienced several timelines or milestones in the market, where the problem-solving skills of the leadership have helped Balmukund TMT bars surpass challenges. By focusing on innovation, Rajeev Kanodia and Sanjeev Kanodia have helped the company adapt to market changes and increase production capabilities. The Kanodias have worked extensively on strategic planning, oversight, risk management, financial overview, and compliance. Rajeev Kanodia shares with us that their successful process involves researching the market according to demand, developing the infrastructure, optimizing the supply chain, and sculpting strategic partnerships with current dealers and distributors. To put it simply, the brand prioritizes delivering high-strength, earthquake-resistant TMT bars and maintaining sustainability, ensuring excellence in the construction industry.
Sanjeev Kanodia said, “When you buy Balmukund Steel, you can be sure of two things: those are quality and endurance to your structure.” Over the years, the company has successfully commercialized new technology and machinery, significantly increasing its revenue from Rs. 50 cr to about Rs. 750 cr, supervised and managed a team that has developed patented products, ideated an impressive financial strategy, and fostered an inspiring work culture. The company’s testing laboratory includes cutting-edge machines, such as UTM-50MT, to assess the physical standards of the bars. When we asked Rajeev Kanodia on his take on success, he said, “Success comes from relentless innovation, unwavering quality, and building trust—always striving to create value that lasts.”
