Hyderabad Stories
No Result
View All Result
SHARE YOUR STORY
Monday, June 16, 2025
  • Home
  • About Us
  • People
    • Pioneers
    • Entrepreneurs
    • Bureaucrats
  • Business
    • Startups
    • Companies
    • Enterprises
  • Top 10
  • Startup Stories
  • Gallery
    • Photo Gallery
    • Video Gallery
  • Contact Us
Hyderabad Stories
  • Home
  • About Us
  • People
    • Pioneers
    • Entrepreneurs
    • Bureaucrats
  • Business
    • Startups
    • Companies
    • Enterprises
  • Top 10
  • Startup Stories
  • Gallery
    • Photo Gallery
    • Video Gallery
  • Contact Us
SHARE YOUR STORY
No Result
View All Result
Hyderabad Stories
No Result
View All Result
Home Exclusives

Suman Saraf – Steel Tycoon of Hyderabad

A Shrewd Businessman with a Golden Heart

Hyderabad Stories by Hyderabad Stories
October 31, 2020
in Exclusives
Reading Time: 3 mins read
136 8
0
Suman Saraf

Company: Radha TMT

Key People: Suman Saraf

Suman Saraf is a visionary pioneer who has shaped the steel industry of Hyderabad with his strong business acumen and entrepreneurial spirit. He is a second-generation entrepreneur who transformed Radha TMT into a national brand and one of the leading steel manufacturing companies by incorporating innovative ideas that stimulated growth and increased market share for Radha TMT. He dons multiple hats right from being the Managing Director of Radha Group to being an investor at Hyderabad Angels along with several other ventures in various industries.

The Radha Group was founded in the 1960s by Suman Saraf’s father, Radheshyam Saraf. Legacy has expanded by leaps and bounds over time, and the mantle continues to broaden under the leadership of Suman Saraf and his elder brother, Sunil Saraf. Radha TMT is the brand name of their thermo-mechanically-treated (TMT) steel bars that use revolutionary German Thermex technology to produce high-quality primary steel. Radha TMT products are used in a wide variety of construction projects, from roads and bridges to high-rise buildings and residential housing.

Suman Saraf finished his schooling at Hyderabad Public School and then went on to study Commerce and Arts at Badruka College. He spent a few hours every day at the workplace with his father while at the same time continuing his studies, not to boss around but to learn the craft. He began working from the shop floor and claims that you need to start from the bottom to become a master of any craft. But, he regrets it now as he feels that we should do one thing with total concentration. He started working immediately after graduating as he always wanted to get into the business of manufacturing steel and didn’t go for his MBA as suggested by his parents. He thinks it was a mistake and feels things could have been different and places a lot of emphasis on education. This experience shaped his views and never allowed his nephews and son to enter the business, even restricting them from physically entering the office, before they completed their education.

Despite his emphasis on formal education, he thinks that nothing can replace on-the-ground experience in India’s notoriously tricky steel business. Suman gives a lot of personal attention to details and makes most of the major decisions along with his brother. Though he is assisted by professional managers, a non-family executive cannot catch the market pulse as well as he can as steel is a very fluctuating commodity like the stock market.

He is extremely critical of the increasing unwillingness of the next generation of Indian families to start from the shop floor. He says, “they don’t want to grow the business, they want to inherit a business and are wielding the power of the money to have the position, but without having good knowledge of the industry. You cannot learn this at business school.” He feels that a lot of mentoring is required for the next generation to take their businesses to the next level and that just studying in business schools without experience, without industry knowledge, businesses cannot be expanded by the next generation. He feels that the main challenge for family businesses in India is an inflated ego which should be kept in check and that the only way to grow is to be united.

Suman Saraf along with his brother, Sunil Saraf is busy building Radha TMT into a national brand along with several other investments and diversified interests in Real-Estate and Construction in a massive way that topped INR 1000 Crores in annual revenue.

Tags: Radha TMTSuman Saraf
Share66Tweet41Share12
Hyderabad Stories

Hyderabad Stories

We LOVE Hyderabad. We unveil untold stories, unsung pioneers, and unrecognized heroes of Hyderabad. Consume the best of the best and experience Hyderabad in its truest form.

Related Posts

Jayesh Ranjan
Exclusives

Unveiling the Story behind Jayesh Ranjan

December 10, 2020
Abhinav-Ram-Reddy
Exclusives

Abhinav Ram Reddy – A Man on a Mission with laser-like Focus

December 9, 2020
Jayesh Ranjan Jayesh Ranjan
  • Trending
  • Comments
  • Latest
The Story Box Book Fair is returning to Hyderabad from August 24 to 30.

The Story Box Book Fair is returning to Hyderabad from August 24 to 30.

August 17, 2024
Telangana’s Mamnoor Airfield to Be Transformed into a Functional Airport

Telangana’s Mamnoor Airfield to Be Transformed into a Functional Airport

August 6, 2024
Inside Experium Eco Park – A Sustainable Paradise in the City.

Inside Experium Eco Park – A Sustainable Paradise in the City.

April 7, 2025
Hyderabad’s NGRI pioneers India’s first-ever earthquake strain map.

Hyderabad’s NGRI pioneers India’s first-ever earthquake strain map.

April 7, 2025
Hyderabad’s Top Pet-Friendly Cafes: A Perfect Blend of Coffee and Canine Cuddles

Hyderabad’s Top Pet-Friendly Cafes: A Perfect Blend of Coffee and Canine Cuddles

GHMC conducts raids on 60 sweet shops in Hyderabad, citing concerns over poor hygiene standards.

GHMC conducts raids on 60 sweet shops in Hyderabad, citing concerns over poor hygiene standards.

Ramgopalpet Police Station has moved back to its original location on James Street.

Ramgopalpet Police Station has moved back to its original location on James Street.

Eco Workshop at Rashtrapati Nilayam a Grand Success in Telangana

Eco Workshop at Rashtrapati Nilayam a Grand Success in Telangana

Hyderabad’s Top Pet-Friendly Cafes: A Perfect Blend of Coffee and Canine Cuddles

Hyderabad’s Top Pet-Friendly Cafes: A Perfect Blend of Coffee and Canine Cuddles

June 13, 2025
GHMC conducts raids on 60 sweet shops in Hyderabad, citing concerns over poor hygiene standards.

GHMC conducts raids on 60 sweet shops in Hyderabad, citing concerns over poor hygiene standards.

June 12, 2025
Ramgopalpet Police Station has moved back to its original location on James Street.

Ramgopalpet Police Station has moved back to its original location on James Street.

June 5, 2025
Eco Workshop at Rashtrapati Nilayam a Grand Success in Telangana

Eco Workshop at Rashtrapati Nilayam a Grand Success in Telangana

June 4, 2025

Recent Posts

Hyderabad’s Top Pet-Friendly Cafes: A Perfect Blend of Coffee and Canine Cuddles

Hyderabad’s Top Pet-Friendly Cafes: A Perfect Blend of Coffee and Canine Cuddles

June 13, 2025
GHMC conducts raids on 60 sweet shops in Hyderabad, citing concerns over poor hygiene standards.

GHMC conducts raids on 60 sweet shops in Hyderabad, citing concerns over poor hygiene standards.

June 12, 2025
Ramgopalpet Police Station has moved back to its original location on James Street.

Ramgopalpet Police Station has moved back to its original location on James Street.

June 5, 2025

Categories

  • (CII) Telangana State Annual Meeting 2022-23
  • (DCA) Drugs Control Administration
  • (DSP)
  • Achievements
  • Adventures
  • Aerospace
  • Agriculture
  • AI Revolution
  • Ai Technology
  • AI- Health monitoring app
  • Airbus Beluga
  • Amazon Web Services
  • Ameet Mirpuri’s Design Studio
  • Anti-drug
  • architectural
  • Architectural Digest AD
  • Art
  • Art & Culture
  • Art Exhibitions
  • Art Exhibitions at Salar Jung Museum
  • Artificial Intelligence
  • Artificial Intelligence (AI) engineers
  • Asian Games
  • Astronomy
  • Automobile
  • Aviation
  • Awards
  • Beyond biryani
  • BioAsia 2023
  • Book Lovers
  • BRICS Summit 2024
  • Bureaucracy / Civil Services
  • BUREAUCRATS
  • Business
  • Business & Economy and Technology & Innovation
  • Cafes in Hyderabad
  • Cartoon Network
  • Celebrity News
  • Charlapalli Railway Station
  • City Growth & Development
  • City Police Commissioner
  • Classical Dance
  • Clean Energy
  • Collection
  • COVID-19
  • Culinary Events
  • Cultural Preservation through Art
  • Culture & Events
  • Culture and Heritage
  • CV Anand
  • Cyber Security
  • Defence
  • Defence Exhibition
  • Development
  • DGP
  • Dhruva Spaces
  • Diamonds of Hyderabad
  • Digital
  • Digital marketing
  • Dino Fossil Museum
  • Diversity Inclusion
  • Dr Reddy's laboratories
  • Dr. Reddy’s Labs
  • Durgam Cheruvu Lake
  • Economy
  • Education
  • Education & Research Collaborations
  • Electric Buses
  • Electric Expo
  • Energy
  • Entertainment
  • Entertainment & Cinema
  • entrepreneur
  • Events
  • Events & Exhibitions
  • Events and workshops
  • Exclusives
  • Exhibition
  • Experium Eco Park
  • Family Digital Card
  • Fashion
  • Fashion Designer
  • Festival
  • Finance
  • Financial Sector
  • First drive-in theatre in Hyderabad
  • Food & Culinary
  • Food and Beverage
  • Food Safety Commissioner
  • Food Safety Department
  • Formula E
  • Fragrance Trends
  • FTCCI
  • Gachibowli Stadium
  • Gaming
  • Getaway's
  • GHMC
  • GHMC Commissioner
  • Global AI Summit
  • Global AI Summit 2024
  • Global Events in Telangana
  • Global IT Center
  • GMR Aerocity
  • GMR Hyderabad International Airport
  • Golconda Fort
  • Government
  • Governor of Telangana
  • Green spaces
  • Guinness World Records
  • Health and wellness
  • Healthcare
  • Heritage
  • Hilife Exhibition
  • Historian
  • Historical Preservation
  • Hitex
  • Hospitality
  • Hyderabad
  • Hyderabad Black Hawks
  • Hyderabad Book Fair 2024
  • Hyderabad FC
  • Hyderabad Neighborhoods
  • Hyderabad Public School
  • Hyderabad Road Trip
  • Hyderabad Weekend Guide
  • Hyderabad-based National Geophysical Research Institute
  • Hyderabad’s Traffic Challenges
  • Iconic Khairatabad Ganesh
  • IIT Hyderabad
  • INCOIS
  • India
  • India Game Developer Conference
  • India Industrial Exhibition
  • India Rich List 2024
  • Indian Navy Band
  • Indian Photo Festival
  • Information Technology
  • Infrastructure
  • Infrastructure and Development
  • Infrastructure Development
  • Innovation and Technology
  • Intercontinental Cup
  • Intercontinental Football Tournament
  • International Dating
  • International startup festival 2024
  • International Visits to Telangana
  • IPLT20
  • Irani Cafes
  • ISRO
  • IT Principal Secretary
  • KBR Park
  • Koti Women’s University
  • Laurus Labs
  • Law Enforcement and Governance
  • LV Prasad Eye Institue
  • Malls in Hyderabad
  • Manufacturing
  • Markets
  • Marut Drones
  • Mayor of Hyderabad
  • MEIL
  • Metro Rail Bhavan
  • Microsoft
  • Miss Universe
  • Miss World 2025
  • Monsoon Waterfalls
  • Motorsports
  • MSN Realty
  • Municipal Commissioners
  • Music
  • Music & Events or Cultural Festivals
  • Music Festival 2024
  • Nagarjuna Sagar Project
  • NASA
  • National Doctors' Day
  • National Handloom Day
  • Nehru Art Gallery
  • Nehru Zoo Park
  • Nehru Zoological park
  • New International Stadium
  • News
  • Nightlife & Entertainment
  • Nizam
  • Numaish
  • Numaish 2025
  • Osmania General Hospital
  • Overcoming Adversity
  • PAPEXPO
  • Param Vishisht Seva Medal
  • Paris Olympics 2024
  • Parks Development
  • Personal Journeys and Impact
  • PETA
  • Pharma
  • Photo contributions
  • Pink Power Run
  • Poetry
  • police
  • Police Administration
  • Police commissioner
  • Pre-Summer
  • Professor
  • Qutb Shahi Heritage Park
  • Qutb Shahis tomb's
  • Rachakonda Traffic Police
  • Rainwater harvesting
  • Rajiv Gandhi International Airport
  • Rashtrapati Nilayam
  • RCB
  • Real Estate
  • Research
  • Royal Traditions
  • RV Karnan
  • Sania Mirza
  • Save Rocks
  • Science
  • Sehri & Iftar Specials
  • Shilpakala Vedika
  • Shopping Mall's
  • Sobha Group's
  • Social
  • Space
  • Sports
  • Sports Entertainment
  • Startup Stories
  • Startups
  • State Developments
  • SunRisers
  • Sunrisers Hyderabad (SRH)
  • Sustainable living
  • T-Hub
  • T-Works
  • T20 Tournament
  • T20 world cup
  • Tank Bund
  • Tata Advanced Systems Limited
  • Tech
  • Tech & Innovation
  • Technology
  • TEDx talks
  • Telangana Cyber Security Bureau
  • TGPCB
  • TGTDCL
  • The Kohinoors Book
  • Top 10 in Hyderabad
  • Tourism
  • Traffic advisory
  • Transport
  • TSICCC
  • TSRTC
  • Uncategorized
  • Updates
  • UPSC topper IAS
  • Urban Development
  • Urban Forest Parks
  • Waste Management
  • Wells Fargo
  • Winter in Hyderabad
  • Women bikers
  • Women Empowerment
  • World
  • World Athletics
  • Yoga Sports

Site Navigation

  • Home
  • Go Local
  • Contact Us
  • Privacy & Policy
  • About Us
Hyderabad Stories

Hyderabad Stories

We LOVE Hyderabad. We unveil untold stories, unsung pioneers, and unrecognized heroes of Hyderabad. Consume the best of the best and experience Hyderabad in its truest form.

Share your Story. Create an Impact. Join the Digital Revolution!

© 2025 Hyderabad Stories
Digital Partner - Infinity Reach
Ouroboros Digital Private Limited

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • About Us
  • People
    • Pioneers
    • Entrepreneurs
    • Bureaucrats
  • Business
    • Startups
    • Companies
    • Enterprises
  • Top 10
  • Startup Stories
  • Gallery
    • Photo Gallery
    • Video Gallery
  • Contact Us

© 2025 Hyderabad Stories
Digital Partner - Infinity Reach
Ouroboros Digital Private Limited