He believes nothing succeeds like success. Maloy Sengupta's stint with the Ferro Scrap Nigam Limited has been a true success story with a series of milestones adding to the organization under his astute leadership. His vigorous vision helps the Ferro Scrap Nigam Limited emerge as the national leader in recycling the scrap metals. He believes success never eludes those with a heart of steel and a mind of metal.

He has been guiding the Ferro Scrap Nigam in turning the waste into wealth. Indeed, the nation needs more Maloys to translate the long-cherished dream of making India a developed country! In existence for the last 25 years, the Ferro Scrap Nigam Limited has been continuously endeavouring in recovering and recycling metal scrap, lost in the process of iron and steel making. Under Maloy Sengupta's able leadership, the PSU has been paying rich dividends to the nation, particularly to the steel makers. He has been helping the steel industry not only in improving their economy of operation but also in sustaining the environment and protecting the nature by recycling process wastes.

He has scripted a success story from the scraps for the Ferro Scrap Nigam Limited and in collaboration with Harsco Corporation (Inc.) of the USA, the FSNL was established in 1979 as a subsidiary of Metal Scrap Trading Corporation of India. Indeed, the FSNL is a success story for many others in the corporate world as for it nothing is a waste. It recovers scrap otherwise wasted from blast furnaces, steel-melting shops, wear scrap and rolling mills.

Making rapid strides in so far as profits are concerned, the company has been increasing its turnover and sales, year after year through its field offices in Rourkela, Burnpur, Bhilai, Bokaro, Vizag, Durgapur, Dolvi and Dubri, thanks to its committed professionals. It also offers services for processing of iron and steel skulls, mill rejects & maintenance scrap as per customer's requirement. FSNL has been a picture of consistent growth since 25 years. With modernisation and technological upgradation being implemented, the Company hopes to further accelerate its progress and serve its esteemed customers better under the able leadership of Maloy Sengupta.