Our business involves manufacturing components with strict adherence to our customers’ requirements. This necessitates state-of-the-art equipment, from tool making, forging, and machining to testing and validation. Along with giving customers innovative solutions, we are finding new ways and means to achieve greater efficiency by incorporating Digital Manufacturing. Our Industry 4.0 & IIoT initiatives will assist us in becoming a more leaner and fitter organization.
We are a one-stop solution provider for all client needs, with competencies ranging from product conceptualization to sourcing materials, design and simulation, tools and die making, forging and machining, and undertaking inspection and testing. We possess the capacities and capabilities to process a wide range of materials from base metals to exotic alloys. Our manufacturing assets are highly fungible to address all the sectors we cater to. Our presence across all processes also enables us to have better control over quality.
We have a total of five plants in India – four for steel forging and machining and one for aluminum castings. Our plants are ISO 9001, ISO 14001, TS 16949, AS 9100 REV C, NADCAP, API Q1 and PED 97/23/EC certified. As of March 31, 2020, the total value of our property, plant and equipment stood at ₹36,578 Million. Capex incurred in the year amounts to ₹5,164 Million towards forging and machining capacity in Maharashtra.
4 in Maharashtra and 1 in Andhra Pradesh
We are undertaking multiple Company-wide cost control initiatives, including enhancing processes, using efficient alternative resources, rationalizing manpower and facilities. Taking account of lower capacity utilization due to low demand, we have worked towards better production planning and utilizing this opportunity to implement our various digital manufacturing initiatives across our manufacturing locations.
We have steadily evolved into a digital engineering solutions company with our investments in next-generation technologies – Industry 4.0 (includes Automation, Big Data, Artificial Intelligence and Machine Learning) and Industrial Internet of Things (IIoT). These capability-enhancing investments are facilitating interconnectedness across the plant, real-time availability of plant information for better control over equipment and manufacturing, and predictive maintenance. These have contributed to higher productivity, quality and effective management of downtime. We are also undertaking root cause analysis to identify and eliminate key pain areas.
We have also initiated workshops through Artificial Intelligence and virtual reality, simulating the workshop floor and enabling employees to undertake digital training.