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What makes Mr. Neeraj Raja Kochhar a successful businessman?

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Viraj Profiles Ltd. is a successful company that thrived through all the tough times that the world had to offer, from the Covid-19 and related setbacks to the international economic stagnancy. This brilliant company was founded by Mr. Neeraj Raja Kochhar in 1992 with a workforce of merely 150 people. Now, the company proudly powers over 9,000 employees and has a vast range of operations globally. Mr. Neeraj Raja Kochhar is often heard quoting Mr. Chris Grosser, “Opportunities don’t happen. You create them”.

It is through a true understanding that in life Mr. Neeraj Raja Kochhar’s net worth is where it is now. His aim and vision are to be counted amongst the most respected and preferred enterprises globally and for that Mr. Kochhar ensured continuous growth of the organization. He became the driving force behind the expansion plans of the current set-up which has made the company, one of the largest manufacturers and exporters of stainless steel long products globally.

Attributes of Success

  • Infrastructural Development
  • Donations
  • Solid Work Culture

We shall discuss all these in detail:

Infrastructural Development

Local schools, public parks, community centers, and other public properties in and around all their business/manufacturing locations are backed by the support of Mr. Kochhar. It is a part of the company’s CSR initiatives. Mr. Neeraj Raja Kochhar’s net worth is not only large in numbers but also huge in kindness. In continuation of that, the company even engages in the renovation of local schools, community centers, Aanganwadi Kendras, and temples as part of their initiatives. Such CSR initiatives help an employee feel more connected with the world around them and boost their morale and dedication towards their work and increases loyalty towards their company.

Donations

Mr. Kochhar was recently the headline of several news channels for his philanthropic actions, particularly for his donation of 1,000 raincoats to the Mumbai Traffic Police. It is no news that the rains in Mumbai have perpetually been relentless and as a token of appreciation and whatever little comfort he could provide to all the personnel, he did to aid them in performing their duties with some comfort. Mr. Neeraj Raja Kochhar’s net worth is always attributed to the support of the society and people around him and hence, he returns the good deed whenever possible and whichever way possible.

Solid Work Culture

By actualizing their motto- “By letting your employees grow, your company grows exponentially”. Mr. Neeraj Raja Kochhar’s net worth is owed to the fact that his brainchild, Viraj Profiles Ltd. which is the largest manufacturer of steel in Asia and is statistically growing globally. The work culture in the company is that of a flexible kind, backed by the support of the management to those that want to take risks and have a hunger for excellence and success individually because that is the only way to succeed collectively.

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Conclusion

Mr. Kochhar’s active involvement and strong leadership have led the company to newer heights in the past and at this pace, the future seems bright and full of great possibilities of success as well. It is due to his vast knowledge and interest in the area of his business and his commitment to the Indian economy that today, Viraj Profiles Ltd. is self-reliant in terms of logistics and almost self-reliant in terms of manufacturing. Viraj Profiles Ltd. expanded its foothold in markets across

  • 6 continents,
  • Over 90 countries and is currently either dealing with or satisfied over
  • 1,300 customers worldwide.

Mr. Kochhar displays the traits of a clear achiever with a desire to be the best in his field, to develop new skills in these dynamic times as and when need be and that gets extended from his personal life to the functioning of his company. To know more about Mr. Neeraj Kochhar, his early life, his struggles, and his successes, one can head to Viraj Profile Limited’s official website, which can be accessed in both Hindi and English.

Source: https://www.vernamagazine.com/2021/07/09/what-makes-mr-neeraj-raja-kochhar-a-successful-businessman/

Neeraj Kochhar Viraj Group extends support to his employees during COVID 19 outbreak

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Neeraj Kochhar Viraj Group Mumbai: Protecting the health and prioritizing safety of employees were at the forefront of many businesses since the beginning of the COVID-19 outbreak. As such, a lot of companies started integrating significant process changes that could effectively track and monitor the implementation of necessary health standards. Various such processes were demonstrated by the Stainless Steel giant, Viraj Profiles Limited, who began daily audits in order to gauge the effectiveness of new health and safety measures for their newly instituted protocols. These include:

  • New communication methods (e.g. text messages and signboards and using digital medium replacing the traditional mediums like paper and pen).
  • Cafeteria tables and seating arrangements have been re-organized with social distancing in mind so that the employees can use these spaces safely.
  • Reducing office traffic and congestion by implementing new ways for teams to clock in and out such as contactless attendance, ending post-shift security screenings, and staggering shift starts and break times.
  • Office seating systems have been rearranged keeping social distancing in mind
  • Arranging for free transport services for the employees while following COVID-19 safety guidelines
  • Adjusting training / meeting / conference schedules to minimize the number of employees gathering in one spot.
  • Ensuring hiring processes encourage social distancing and moving many activities like interview, screening, onboading etc completely online.
  • Moved most of their workforce to work from home including hustling equipment to people who need it and getting them set up with internet.
  • Developed and commissioned Covid Isolation ward for its employees

By doing so, Viraj was able to ensure that their team members are informed, educated, and in full compliance with the new guidelines.

As part of their COVID-19 response, the company instituted additional cleaning and sanitization routines focused on high-touch surfaces. They’ve also encouraged remote working among employees and have restricted travel and visitors to their facilities. Given the impact of this pandemic on people’s mental health, Viraj launched daily guided meditation sessions for its employees across all the plants and offices. Through this activity, the company was able to offer mental peace to its diverse base of around 9000 employees working in different plants units.

Talking about the new guidelines for employees, Mr Neeraj Kochhar, Chairman and Managing Director, Viraj Profiles Limited shared, “Viraj Profiles has taken the initiative to provide their employees with all kinds of support during these tough times. The company went a step further by providing its employees with access to the free financial, health and mental resources which they need to stay safe during the COVID-19 pandemic. Our employees now benefit from a range of services to address health, mental or financial concerns arising out of the pandemic situation.”

  • Access to free mental health professionals, through the Employee Helpdesk Program
  • Free financial planning support, with access to certified planners
  • Free health care consultancy with the in-house medical team
  • Well-being modules and functionality designed to get employees to stay physically and mentally healthy at home
  • Guided meditation session for employees across all our offices and plant locations
  • Encouraging virtual workouts and exercise and staying connected all the time

Mr Neeraj Kochhar further adds, “This pandemic has shown how critical it is to embrace our humanity, be understanding and caring — and that holds true for companies, too. Make sure ‘human’ is prioritized in Human Resources. At Viraj, we’ve been driven by what’s right and we will do whatever we can to support the well-being of customers and employees. In these uncertain times, how you treat your employees will be remembered for years to come. How we respond will have a lasting impact on employee behaviour including, engagement, productivity and loyalty. Health and well-being, financial stability, and job security are top concerns for employees right now and at Viraj we help address those fears in meaningful ways.”

He further adds, “we have also commissioned a COVID isolation ward for our employees where a qualified team of doctors will be monitoring the patient round the clock and all kinds of support and medication shall be provided by the company.”

About the company : Neeraj Kochhar Viraj Group

Viraj Profiles Ltd is one of the largest manufacturers and exporters of Stainless Steel long products in the world. With a turnover of USD 1.5 Billion, the company is exporting its stainless steel products (Wire Rods, Wires, Welding Wires, Flanges, Fasteners, Bright Bars, and Profiles) to more than 1300 customers based across 90 countries spread over 6 continents. With a melting capacity of 528,000 tons per annum, the company produces more than 50,000 SKUs in various grades like Austenitic, Ferritic, Martensitic, Duplex, and Electrode in various shapes and sizes.

Neeraj Raja Kochhar encourages employees to participate in Blood Donation Camp

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Neeraj Raja Kochhar MUMBAI: Viraj Profiles Ltd. recently appealed to its employees to come forward and donate blood as the city needs it. A blood donation camp was organized on April 6th in collaboration with Palghar Police Department and Sir JJ Mahanagar Raktpedhi Blood Bank.

Neeraj Raja Kochhar, Chairman, and Managing Director, Viraj Profiles Ltd. shared, “We are helping blood banks and hospitals across the city to address the need of the local blood banks. He further added, close to 150 employees came forward along with their family members to donate blood. The donation camp was organized in two phases – as regular donors to fulfill the shortage of blood in the local blood bank and as special donors for those who are affected by Covid-19. During the camp, the officials took all the necessary precautions like social distancing, facemask and sanitizing the location, etc.”

Neeraj Kochhar congratulated all the blood donors for participating in this noble cause. He also added, “Blood is the most precious gift that anyone can give to another person — the gift of life. As a responsible corporate citizen, our endeavor is to support society in all possible manner. In the current COVID-19 situation it becomes all the more important that people come out and support this noble cause wholeheartedly. We appreciate our team members for being such supportive human beings and for taking part in this noble community work.” Voluntary blood donors are the cornerstone of a safe and adequate supply of blood and blood products. The safest blood donors are voluntary and non-remunerated blood donors.

The company has formed a core team of volunteers consisting of about 10 members plan these activities meticulously and execute them flawlessly by ensuring volunteers are available during the entire duration of the camp guiding employees, helping them be at ease during the process, etc. Over the past couple of years, volunteers of Viraj Profiles Ltd have been actively participating in the blood donation camp being organized in and around Boisar. Over the years the team has established a close relationship with most of the renowned blood banks in the city and in several cases have procured blood units in times of need with the help of our employees and their friends and family.