Clients we have served
Recent Acquisition : Ameya Casting Pvt Ltd
Back in 2019 we had acquired a Bronze foundry in Kolhapur, India manufacturing sand castings for various general engineering industries.
In recent years however we have shifted our capacity to where we can deliver the most value under two industries :
1. Precision Machined Bushes in Bronze and Steel exclusively for the the Automotive sector - particularly Earthmoving, Tractor and Commercial Vehicles Industry.
2. Flanges and Bushes for the Marine / Shipbuilding Industry.
(I) Tractor and Off-Highway
(II) Shipbuilding and Marine
The Next Decade
The Foundry Industry is one of the most fragmented markets in India, and the Non Ferrous sector being even more so. It happens to be very labour and skill intensive, this might be an opportunity as well as a drawback, depending on how one sees it. External growth via consolidation is possible.
The next decade will see 3D printing tech more widely used as well. So long as India's interest rates stay at or above 10% it will be very difficult for foundries to make additional capital investments. However, to stay competitive at a global level, we will have to always invest in leadership and the latest technology to drive productivity and be able to offer the best to our customers.
This is how we plan to expand in the next 10 years.
- Ian Nazareth (Director)