Hi-Tech Pipes Appoints Nehal Shah as Chief Strategy Officer

IIT(ISM)
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Hi-Tech Pipes Limited, a leading player in the steel pipe manufacturing industry, is excited to announce the appointment of Nehal Shah as its new Chief Strategy Officer (CSO), effective September 22, 2025. This newly established role is a key step in the company’s ongoing efforts to enhance its strategic planning, business development, and execution capabilities in alignment with its long-term growth objectives.

Mr Shah, a graduate in Commerce (B.Com) and a qualified Chartered Accountant, brings over 20 years of extensive experience in equity research, corporate strategy, and industry analysis, with a particular focus on the building materials sector. His career includes leadership positions at prominent organizations such as Kajaria Ceramics, Century Plyboards, and ICICI Securities, where he was instrumental in driving business growth, improving market positioning, and fostering long-term value creation.

Ajay Kumar Bansal, Managing Director of Hi-Tech Pipes, commented, “We are thrilled to welcome Nehal Shah to our leadership team. His deep industry knowledge, sharp market insights, and strategic approach will be critical in advancing Hi-Tech Pipes’ growth strategy, strengthening our competitive position, and enhancing shareholder value. The creation of this role further demonstrates our commitment to expanding our market reach, identifying new opportunities, and achieving sustainable growth.”

In response to his appointment, Nehal Shah said, “It is a privilege to join Hi-Tech Pipes at such a pivotal moment in its growth. With a solid foundation and a visionary leadership team, I look forward to helping craft and implement strategies that will open new avenues, solidify the company’s leadership in the market, and drive value for all stakeholders.” This strategic move reinforces Hi-Tech Pipes’ focus on innovation, operational excellence, and expansion, positioning the company to capitalize on emerging opportunities in the steel pipes and infrastructure sectors.

Hi-Tech Pipes, one of India’s foremost steel processing companies, has been delivering innovative, world-class products for nearly four decades. The company’s diverse product portfolio includes steel pipes, hollow sections, tubes, cold-rolled coils, solar mounting structures, crash barriers, and a range of galvanized products.

With six state-of-the-art manufacturing facilities in Sikandrabad (UP), Sanand (Gujarat), Hindupur (AP), and Khopoli (Maharashtra), Hi-Tech Pipes has a consolidated installed capacity of 750,000 MTPA, with plans to reach 1 million tons by FY26. The company also has a strong market presence in over 20 states and a network of more than 550 dealers and distributors across India.