The Hindu Business Line : TRF: Hiring more to stay on growth path

EVEN as TRF Ltd's long-term vision envisages doubling of the turnover every four years, the material handling and allied services company is laying emphasis on fortifying its human resources capabilities to equip itself for the anticipated business growth.

For, it is the belief at TRF that human resources development will be a major determinant of sustainable, long-term growth for the company.

According to Mr Santosh K. Gupta, Managing Director of TRF Ltd, the size of the company's addressable market had gone up to about Rs 1,000 crore from around Rs 300 crore two years ago. With the current boom in sectors such as steel, power and ports, the size of the cake is expected to touch Rs 3,000 crore in the next two years.

As such, TRF is ramping up its manpower resources with a view to garnering a larger share of the market.

As regards expanding production capacities, TRF has decided to follow demand in this regard.

"We are waiting for memoranda of understanding that have been signed to be converted into tangible units. It will take us 3-6 months to augment our capacities. In the meanwhile, we are focusing on developing and ramping up our human resource capabilities," Mr Gupta said.

According to him, the days ahead would throw up greater demand for skilled professionals. "We at TRF have taken on the task of identifying fresh graduates, training them and grooming them to meet our requirements," he said, adding that the building up of the company's human resources base would be commensurate with the envisaged growth in business.

He said TRF would not resort to poaching in this regard.

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