India has become one of the largest markets for fasteners in recent years. This growth can be attributed to the government boosting infrastructure activities and the growing automobile manufacturing processes. Owing to its application across a myriad of industries, a broad range of fasteners are manufactured in India. Additionally, several international or foreign organizations have recognized this market potential and have set up their manufacturing units for export. Many vendors have penetrated this market, making choosing the right vendor to work with a strenuous task. The most strategic approach to selecting a vendor to partner with is ensuring the vendor possesses domain expertise, the required skill set, advanced machinery and a penchant for superior products with timely delivery.
With in-depth domain expertise and a market presence of over five decades is Precise Fasteners, headquartered in Mumbai, who have carved a niche in the manufacturing space of customizable and high-quality industrial fastener solutions and related products.
“We provide impeccable services and are on par with evolving market trends. We keep a broad range of stock ready for our regular customers, keeping in mind their usage and the manufacturing lead-time for a particular item. Besides working with just OEMs and end-users, we also work with distributor channels. We adhere
to several quality standards right from manufacturing to final inspection and dispatch,” informs Parag Shah, MD of Precise Fasteners.
Meeting & Exceeding Customer Expectations
Precise Fasteners take pride in maintaining the highest international standards. The company conducts comprehensive quality checks and stringent quality control tests throughout the manufacturing process. The team of experts ensures complete adherence to set standards; right from recording an inquiry, sending quotations, registering orders, manufacturing process with thorough quality checks, certification, packing up till dispatch. The company has partnered and worked with more than 500 companies in India from the public and private sectors. Precise Fasteners’ years of market presence across various industry verticals in conjunction with interacting with customers and understanding their ever-changing needs is another factor that makes the company stand apart from other solution providers. Some of the clients belong to fortune 500 companies and are content with the extensive portfolio of fastener solutions and services provided.
We keep a broad range of stock ready for our regular customers, keeping in mind their usage and the manufacturing lead-time for a particular item
Additionally, Parag organized one of the first fastener exhibitions in India at a time when fasteners were not considered an important commodity. It was attended by a whopping crowd of over 28000 people. The initiative was supported and acknowledged by several government agencies.
Precise Fasteners is a family-led business. It was founded in 1967 by Parag’s father, Prakash Shah, as a small trading company that registered as a private limited company in 2006. “I joined the business in around 1990. After that, we started a manufacturing unit on a small scale that expanded over time,” adds Parag. Over the next few years, Parag envisions Precise Fastener will achieve one of the topmost leading positions in the Indian fastener industry while maintaining international quality standards. “Most American and European OEMs only work with SCMs and we want to achieve the same in India,” says Parag. The company is currently implementing more quality checks, installing more gadgets, modernizing the equipment plant, and expanding the warehouse space.
With a long road ahead, Parag with his expert team has already begun gearingup to accomplish the set goals. Precise Fasteners with its industrial fastener solutions and products vows to continue adapting and innovating in a rapidly evolving competitive landscape.
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