The steel casting industry in India is well-developed, there are approximately 200 steel foundries. The major factors driving the growth of the steel foundry industry are the major emphasis on the infrastructure sector by all State and Central governments in India, it has huge upcoming investments in all core sector Industries across India, and has closed off many steel casting foundries in Europe and the United States, and India is best after China in the entire World in Foundry Industry, along with China +1 strategy being followed by major OEMs worldwide within the last few years big OEMs have created The Prime Minister's Gati Shakti program is also playing an important role in boosting market growth, with YOY growth of 5-10 percent expected in the coming years.
Steelcast is a well-known operator in this field, with 62 years of industry experience, and is positioned as a one-stop solution for all types of steel casting requirements. Its manufacturing and quality control systems are on par with the leading steel foundries in Western Europe and North America. The firm operates a 66KV power transmission station with 10MW of electricity accessible 24 hours a day, seven days a week, and has a strong production planning control that ensures 95+ percent on-time deliveries, resulting in fewer than 0.25 percent of sales customer rejections.
Steelcast is an integrated steel foundry with three
foundry plants and one CNC machine shop on a 25-acre complex with cutting-edge engineering facilities such as Magma, Pro E, and others. The firm has world-class quality control facilities such as magnetic particle testing, ultrasonic, dye penetrant testing, and radiography, as well as portable and fixed CMM in its in-house CNC machine shop.
“Whatever and wherever we are is entirely due to our people's extraordinary teamwork. Teamwork is in our blood. Steelcast's finest and most valuable assets are not land, buildings, or world-class equipment, but rather our people. They are our most valuable assets", emphasizes Chetan M. Tamboli, Chairman and Managing Director, Steelcast.
Steelcast's Special Strength is its capacity to successfully address the challenges of a constantly better quality production environment. The corporation has been regarded as a market leader in its primary product line of high-integrity castings. Steelcast is an ISO:9001-2015, ISO:14001-2015, and ISO 45001:2018 Lloyd's Class A Foundry certified firm with quality assurance norms and systems spanning all stages, including a technique for thorough documentation, auditing, and ongoing self-correction.
Steelcast manufactures complicated and complex parts for the mining, earthmoving, construction, north American rail tracks, locomotives, transportation, steel, and cement equipment industries in India and around the world. Furthermore, more than 75 percent of sales are finished machines ready for use by customers, more than 60 percent of sales are exported and will be supplied to 15 countries beginning next year, and 100 percent of supplies are to OEMs in various industry segments in India and abroad.
Steelcast's finest and most valuable assets are not land, buildings, or world-class equipment, but rather our people
Steelcast's 62-year journey has been both tough and exciting. The firm is a very adaptable organization that is continually adjusting its product mix to match market demands. It is constantly investing in R&D and QC facilities to satisfy the high-quality standards of its end customers, and it has updated its manufacturing processes and facilities to fulfil our clients' high-quality criteria from time to time. The firm is present in 15 countries and has over 40 OEM customers, as it seeks to achieve new heights; the firm intends to deliver 100 percent of its components in ready-to-use condition and is working on supplying sub-assemblies to meet the needs of its customers.
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