Mukand Limited is primarily engaged in the manufacture of special alloy and stainless steel, serving industries such as automobile, construction, and engineering. It also produces EOT cranes, handling equipment, and offers engineering services.

The company has a rich history dating back to 1937, with significant developments like the creation of Mukand Heavy Engineering Limited in 2023 to expand into industrial machinery and gear box manufacturing.

Strategic maneuvers, including the formation of joint ventures with companies like Sumitomo Corporation and the subsequent divestment in Mukand Sumi Special Steel Ltd., highlight Mukand's dynamic approach.

Mukand has demonstrated continuous innovation, developing advanced micro alloyed steels for specific industrial applications, showcasing their focus on R&D and material science.

Despite challenges in the steel market, Mukand has restructured through amalgamations and business unit divestments to refine its operational focus and financial health.