According to a recent report by Research and Markets, the global Industrial fasteners market is anticipated to reach INR 7,706 billion by 2023. A surge in demand for fasteners in the automotive industry, coupled with an increase in the construction and manufacturing spending in emerging economies is anticipated to drive the market for fasteners, globally.
The Indian Industrial fasteners market is anticipated to reach INR 460 billion by 2023, growing at a CAGR of 9.6 percent during the forecast period. Major factors driving the growth of this sector include the increase in usage of fasteners for manufacturing automotive parts such as engines, chassis, suspension systems, and wheels among others. Owing to its applications in diverse sectors, a wide range of fasteners are manufactured in the country.
One such company that excels in manufacturing, and exporting high-quality industrial fasteners isLudhiana based Kaloti Group. As an established industrial fastener manufacturer, the company offers industrial fastener products and services to
clients in various countries in Europe, Asia, Africa, the Middle-East, and the USA. Currently, Kaloti manufactures and supplies 1350MT/ month (MT:1000KG) of fasteners and produces fasteners ranging from M5 to M64, in-house.
One of the largest Industrial Fastener Manufacturers
The Kaloti Group is one of the largest industrial fastener manufacturers in the country, with over two fastener factories spread across the land area of twelve acres. By leveraging advanced technology, time-tested processes, evolving practices, and skilled resources, the company manufactures high-quality fasteners and products such as high tensile bolts and nuts and stainless-steel grades. It also manufactures high-quality stencil fasteners using prime steel raw materials.
State-of-the-art manufacturing unit
All the manufacturing operations such as heat treatment, forging, thread rolling, and planting are carried out in Kaloti’s state-of-the-art manufacturing unit under the supervision of a skilled team of engineers and experts. The company’s supervisors closely monitor all the testing laboratory processes to ensure that products reaching the packaging unit are of the highest quality.
Rewards and Recognitions
Established in 1962, Kaloti Group isone of the biggest and most important names in the Industrial fasteners’ manufacturer and exporters in India. With more than five decades of experience in this domain and with its brand names UCON & REPSI, Kaloti Group has not only set ground-breaking standards worldwide but it has also received the ‘Star Export House’ award from the Government of India for its quality and larger volumes of exports to 35 plus counties around the world. Kaloti has over 9 distributors and 45 dealers present across the country. With over 7000 plus customers and 50 plus OEM customers present across the world, the company’s turnover in FY 2017-2018 was INR 122CR and this year it anticipates to cross INR 150CR.
“Our secret of success is the quality of products and services we offer to clients,” says Jagjit Kaloti, CEO, Kaloti Group.
“We serve clients across various industrial sectors such as Renewable energy, power, rail, tunneling, wind energy, OEM markets, and Oil & Gas industry. All machinery and equipment of Kaloti are of high speed, advanced, and upgraded as per the industry demands. Also, we use high-quality raw materials to manufacture the products and deliver them on time. Our employees are well-trained and our laboratories are NABL Accredited. These are some of the major factors that differentiate us from the other players in this landscape,” he concludes.
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