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AIA Engineering Limited

2.1 Introduction

AIA Engineering Ltd. is a guaranteed ISO 9000

organization spends significant time in structure improvement and production
establishment and overhauling of high chromium wear consumption and
scraped spot safe parts utilized in bond mining and warm power age ventures.
The organization has a worldwide nearness in the terms of offers and
administration workplaces over the world. Outside India the organization sells
under the brand name Vega. AIA at present has current ability to produce
340000 MT of high chromium wear parts and seeking after limit development
program to arrive at 440000 MT. AIA Engineering Ltd. was fused on March 11
1991 with the name Magotteaux (India) Pvt Ltd. On November 4 1978
Ahmedabad Induction Alloys Pvt Ltd advanced by Mr Bhadresh K Shah was
fused. This organization was converged with AIA Engineering on April 1 1991.
The name of the organization was changed to AIA Magotteaux Pvt with impact
from May 11 1992. The name of the organization was additionally changed to
AIA Engineering Ltd on May 2 2000 because of the end of joint endeavor with
Magotteaux International S A Belgium. The year 1995 the organization made a
specialized joint effort with Southwestern Corporation (SWC) USA for
procedure improvement in Raymond plants. In the year 1997 they connected
with Alstom for procedure know-how for Stein structured factories for power
plants. In September 2003 AIA Exports Pvt Ltd converged with the organization
with impact from April 1 2002. Around the same time they procured the 100%
stake in Vega UK through Vega Middle East in this manner making all Vega
organizations entirely claimed auxiliaries. During the year 2003-04 an entirely
possessed backup for the sake of Vega Industries (Canada) Inc was
consolidated in Canada. On December 31 2004 the organization obtained
whole business of Gray Cast Foundry Works (GCFW) an association firm and
the assembling Division of Centricast Enterprises Pvt Ltd (CEPL).

• Established in 1979 at Ahmedabad, INDIA

• ISO 9001 Certified

• Design, Development and Manufacturing

• Second Largest Hi-Chrome throwing maker on the planet

• Public Limited Company with the offers exchanged on BSE (Bombay

Stock Exchange) and NSE (National Stock Exchange of India)

3. Overview
 Core Competence: Design, develop, manufacture and service impact,
abrasion and corrosion resistant castings
 Focus:
New Product Development – Grinding Process Technology
 Metallurgical Solutions:
Steels and Irons having upto 32% Chrome
Ceramic composites with steel or chrome iron base
 Products: Grinding media, mill liners, diaphragms, vertical mill parts and
crusher parts
 Customers: Cement, Mining, Thermal Power Plants and Aggregates in
more than 120 countries
 Global Presence: offices, warehouses, sales network