About Us:

We have grown to a 950 Million (INR) company over the last three decades. Starting with a turnover of 2 Million (INR), MAGNUM Group over the years has established itself as an organization known for its commitment to quality, excellence and customer satisfaction.
In 1984, MAGNUM Group started its fishing-net manufacturing firm and since then the group has diversified its operations into different sectors: Manufacturing, Aquaculture & Exports, Real Estate and IT Enabled Services.

The MAGNUM Group:

MAGNUM Polymers Pvt. Ltd, started in 1984, manufactures fishing nets and caters to Eastern India. Steady growth, quality, and commitment has led to the expansion of  its customer base beyond Eastern India to the states of Kerala, Karnataka, Tamil Nadu, Gujarat, Maharashtra, etc.  Apart from fishing net, this company also manufacturers PE twines, Nylon twines, PP/MF twines and PFY twines for fishing & other applications.

MAGNUM Fibres Pvt. Ltd. is involved in manufacturing PE & PP ropes, PP/ MF ropes and various types of twines. The company has now diversified to making HDPE pipes for irrigation, tube wells and for water carriage purposes as also pipes for laying telecom cables.

MAGNUM Estate Pvt. Ltd. produces farm fresh black tiger prawns, catering to both local and international markets; exporting to USA, Japan and European Union Countries. This company owns two large mechanized, well equipped prawn farms at Balasore in Orissa. This company has set up European Union standard ice plant and pre-processing plant at Balasore, which are only of their kind in Orissa and are among the very few in India

MAGNUM Telesoft Pvt. Ltd. The company caters to the ITES sector and is involved in areas of Medical Transcription and Data Entry. The company caters to the outsourcing needs of oversea clients undertaking Medical Transcription  service for US and UK clients.  

MAGNUM Sea Foods Pvt. Ltd.,  is  a five year old company  promoted  to  process  and  export prawns  and  other seafood to Japan,  USA  and  the  European  Union. One of the fastest growing company of the group, it has grown by twenty times since its operation. The company will shortly commission a modern value added processing unit to manufacture & export I.Q.F products, cooked and tray packed products, Ezypeel, PD Tail On, PUD and other varieties  for the international market.

MAGNUM Dream Homes Pvt. Ltd.  The most recent company of the group, this company is into real estate and is establishing its position as a leading builder of commercial and residential complexes, in Orissa. It has completed several residential projects successfully.

MAGNUM Concretes Pvt. Ltd.  It is committed to providing environmental friendly, low-cost, high quality Fly-Ash Concrete Bricks and Blocks to the Orissa market. The upcoming “Fully Automated Bricks Production Line” will be the first and largest such plant, not only in the state of Orissa, but also in the whole Eastern Zone of India. This two lakh Bricks Capacity Plant will also generate approximately 10,500 Carbon Credits (CERs) through the green technology.

Silent points:-

1.      Magnum in Collaboration with its employees, customers plus  vendors aims to reach an Annual revenue of Rs. 5000 million in next 3 years.

2.      Two of the companies i.e. Magnum Polymers and Magnum Fibres have received ISO 9001 Certification.

3.      Magnum Seafood is one of the few Gold Card exporters in the State of Orissa.

4.      It is a peoples oriented organization and an equal opportunity  employer and values  its people who are the  greatest  strength of Magnum.

5.      Privately held, this group can not put in place stock options and has therefore implemented the concept of profit sharing with all its employees from Directors to Managers to the grass root workers.

6.      Gender Sensitive, the Company employs large number of women and has women friendly policies in place.

7.      The Company has started construction for a Modern Fly Ash Brick / Paver Blocks/Tiles factory with Chinese machines and German  Technology at Barang, Cuttack which will be entitled to carbon credit and will help to reduce Fly ash accumulation in power plants and thus taking an initiative in  the “ Go Green Campaign.”