The Industrial Fasteners market is anticipated to grow at a rate of 5.5 percent by 2026, to reach USD 138.7 billion in 2026. With customers constantly looking for good prices and best quality, and with increasing demand in all sectors like automotive, construction, electrical, electronics and more, the technology of fasteners manufacturing is also evolving. No sector is untouched from the use of fasteners, and State Enterprises was quick enough to realize this. State Enterprises is committed to providing best quality product and on time delivery to its customer by developing required fasteners locally, thus building the trust for customers & reduce their exposures to the overseas markets. State Enterprises and its in house manufacturing facility SL Fasteners is committed to ensure customer satisfaction and meeting the expectations and requirements of interested parties.
State enterprises is India’s largest manufacturer and exporter of rivets and covers a wide inventory of more than 20,000 types of fasteners. The warehouse easily stocks about 50 million pieces of fasteners on daily basis. State enterprises is one shot weld-less solution provider for all your requirements. The manufacturing facility is spread across 20,000 sq ft and expanding. Soon there will be 3 units working and 1 unit dedicated to work on exports.
“Southeast Asia is an attractive region for manufacturers in the general and fastener industry in specific to its geographic, regulatory, economic and demographic advantages. There is a diverse talent pool in the region which supports manufacturers to keep up with the increasing demand in the fastener market. Although Economic instability, supply chain issues and uncertainty are likely to continue, largely due to ongoing effects of the Covid-19 pandemic, still fasteners manufacturers with long-lasting relationships with their suppliers, having their own production facilities and maintaining stocks for their customers will come out winners. With a mission of achieving excellence with perfection, we are continuously improving our products by sustaining technology up-gradation and enhancing our quality to go beyond expectations to deliver trust & satisfaction to every stakeholder”, says Shyam Lal Sood.
Taking over the Market
Set up in 1975, under the leadership and vision of Shyam Lal Sood, State Engineering Works was established in a small manufacturing facility at Mayapuri, Delhi. The firm started with a workforce of 4-5 people only, the manufacturing done was bifurcated rivets in Steel. Starting with serving 8-10 customers locally, soon, State Engineering Works expanded its business in 1986 at Samaipur Badli Industrial Area, Delhi. As expansion began, so did the increase in quantity and customers. In 1991, the manufacturing of Blind Rivets started in State Engineering Works hence becoming one of few Indian Manufacturers of Blind Rivets.
State Enterprises has been player in rivets and fasteners manufacturing since four decades years and the firm has not seen back since then. The efforts of Shyam Lal Sood were complemented by his two sons Gaurav Sood and Saurabh Sood who joined him in the business in 2003. In 2005, the trio established State Enterprises, the company which gave wings to their dreams. Another milestone was achieved in the year 2012, when they came up with state-of-the art facilities of manufacturing S L Fasteners under the name of their father Shyam Lal. Today S L Fasteners is the proud producer of highest number of Blind Rivets in the country.
Offerings that Cater to All Needs
State Enterprises and its in house manufacturing facility S L Fasteners manufactures and trade all type of blind fasteners such as Blind Rivets, Multigrip Rivets, Large Flange Rivets, Trifold Rivets and Bulb Tite Rivets, Colored/ HPL Rivets, Structural Rivets like M-Bolt, I lock, H lock and much more. With zero defect and zero effect scheme to following the EHS and OHSAS policy, over the course, State Enterprises has also steered its path towards success. The firm offers products that are ROHS and REACH compliant, while the staff is trained by MACE (Maruti Centre of Excellence), and follow automotive companies manufacturing procedures.
For more than 47 years, STATE group has been revolutionizing fastening and assembly technologies for a variety of industries. Their global footprint has facilitated expansion into the rapidly emerging markets all over India. The state of the art manufacturing facility is spread across 20000 sq ft and expanding to meet the regular demand of fasteners market. The stores is capable of handling 50million pieces of fasteners and thus cater the stock requirements of all clients.
In house Quality testing lab of the firm is equipped with latest testing equipment’s such as digital vernier callipers, UTM, Gauge, Salt Spray Test chamber, X ray machines and more, while in-house metallurgical lab has wide range of equipments like microscope, metallographic cutting machine, mould maker, polishing machine and others. With complete in house automated production facility starting from storage, forging machines, polishing plant, plating plant, picklers, annealing ovens, packing and labelling to production capacity of 60 million rivets per month, the list of achievements of State enterprises and SL fasteners is never ending.
Path Ahead
In 1975, the company started with manufacturing of bifurcated rivets and slowly in 2012 started manufacturing of blind rivets and became one of the largest supplier of rivets in India. Earlier starting with customer database of just 10 customers, now state enterprises successfully delivers to 7000 clients all over India and the world. The group turnover of the company is 60 crores as per FY 2021- 22, and forecasted for 100 cr in the FY 2022-23.
Slowly and gradually State Enterprises is becoming an adamant player in the field of fasteners. Currently the manufacturing facility is available in Kundli, but warehouses available in Kundli, Haryana and China. Soon the third warehouse will be opened in Toronto, Canada to cater the requirements of pacific customers.
We are ready to take on the world and cater huge demand of fasteners in all industry sectors
State Enterprises and S L Fasteners adheres to the agenda of 'FASTENING THE WORLD TOGETHER’ with its growing reach and their commitment to enhance their production capacity by 40 percent every year. “As a service provider with our own production and development, we are one of the leading suppliers of fastening, assembly, and systems technology Creating the future is about growth. It’s about change, and it’s about taking risks.
STATE’s commitment to the success of our customers means anticipating their future needs today and striving to meet those needs throughout every aspect of our organization. Regularly trained employees provide best acknowledgments to our valuable customers and channel partners. The two warehouses are already working well in India and China, the third warehouse is going to open soon in Ontario, Canada to meet the customer requirements of Pacific Region.
We are striving to meet the following slogan, ‘When I say fastener, You say State Enterprises’. We would like to summaries that we are ready to take on the world and cater huge demand of fasteners in all industry sectors”, signs off Shyam Lal Sood.
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