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CHAPTER-III

PROFILE OF COMPANIES

Chapter Design
This chapter has covered the detailed profile of sample units containing name,
year of establishment, constitution, gross turnover, product produced,
esteemed clients, computerization of working, initial cost of project and capital
employed at present, which helps to understand status of the sample units
considered for the present study.

3.1 Introduction

Kolhapur is situated in the southwest corner of Maharashtra and shares its


eastern and southern border with the state of Karnataka. Kolhapur serves as a
headquarter of the Kolhapur district. Kolhapur is connected to major Indian cities like
Mumbai, Pune, Hyderabad, Bangalore, etc. Kolhapur is one of the fastest growing
cities in Maharashtra and is one of the highest per capita income cities in India. The
city is a hub for industry, comprising over 1000 energy-intensive industries covering
different sectors. These industries comprise mainly of automotive, foundries,
engineering spares, sugar industries and textile mills. There are nine industrial estates
in Kolhapur, of which three are Maharashtra Industrial Development Corporations
(MIDC) and six are corporate industrial estates. Several large Indian companies have
established recently in Kolhapur like Kirloskar Oil Engines, Vardhaman Textiles,
Raymond Textiles, Menon Group, Gokul Milk etc.
Kolhapur district blessed with fertile soil and watered by 14 rivers was
traditionally an agro-based economy. The second and third decades of the 20th century
witnessed Kolhapur coming to the forefront in sugarcane cultivation and downstream
jiggery manufacture became a major industry. Improved methods and appliances
came into demand and oil engines were found to be more efficient. Cane crushers
made of steel became popular and were imported from England. In course of time,
routine wear and tear created a demand for replacement parts, and framers went to
Kolhapur city, where skilled craftsmen, normally employees of machinery traders
reconditioned them. Thus, a large business for repair of cane crushers emerged in
Kolhapur. The outbreak of Second World War in 1939 further propelled growth of the

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domestic engineering industry. The supply routes by sea were disrupted and
increasing cane production pushed up the demand for agricultural machinery and oil
engines. The skilled labour then began to make spare parts for imported machinery
and subsequently, simple agricultural implements, oil engines soon became the
mainstay of industrial activity in Kolhapur. As industrial activity grew, Shivaji
Udyamnagar was established and given land for promoting industrial activity. At this
time, Kolhapur Engineering Association was allotted land and the industrial base of
Kolhapur came up through a co-operative effort. The growth of the local agricultural
machinery and oil engines industry created the need for locally available castings.
This led to the emergence of the foundry industry in Kolhapur. The post independence
period saw continued growth of the oil engine industry which required cast
components and several foundries started after 1960. Today, Kolhapur is an
established foundry cluster, renowned for manufacturing quality castings in India. In
fact, some large corporate including Reliance Industries has invested in foundry
industries of Kolhapur.1
In this present phase the researcher has covered the different types of
company’s i.e. sole proprietorship, partnership firm, PVT. Ltd. firms for the study.
While presenting the company profile the researcher has considered the variables like
name of the firm, address, year of establishment, constitution, gross turnover, net
profit, accounting system, audit conducted, initial cost of the project and capital
employed at present. It was found that it is very lengthy to express these variables for
each and every sample units in descriptive form. For that purpose the researcher has
presented the profile of the sample units in the tabular form for easy reference by
using less space. Also the researcher has covered special important types of
productions, varieties of production, market area and special features of the firm
below the table in short. This is done by the researcher to maintain the uniformity in
the presentation of company profile. In the present study the researcher has covered
the four industrial estates for the study; these industrial estates are Shivaji
Udyamnagar, Shiroli MIDC, Gokul Shirgaon MIDC and Kagal Five Star MIDC.
Among these four industrial estates researcher has selected 15 manufacturing units
from one industrial estate, here the brief profile of all 60 sample manufacturing units
are given below.

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Selected sample firms

Shivaji Shiroli MIDC Gokulshirgaon Kagal Five Star


Udyamnagar MIDC MIDC

15 Units 15 Units 15 Units 15 Units

3.2.: Shivaji Udyamnagar (Kolhapur Engineering Association)

Map No. 3.2.1. Map of Shivaji Udyam Nagar (KEA)

(Source : Windows Picture and Fax Viewer)


Kolhapur district blessed with fertile soil and watered by 14 rivers, has
traditionally an agro based economy. In the second and third decade of the 20th
century Kolhapur coming to the forefront in the field of sugarcane cultivation and
downstream jiggery manufacturing. In that time cane crushers was made by steel and
were imported from England. In course of time, routine wear and tear created a
demand for replacement parts, and farmers went to Kolhapur city, where skilled

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craftsmen, normally employees of machinery traders reconditioned them. Second
World War outbreak in 1939 and disturbed the routine supply of the steel crusher
hence skilled persons then began to make first spare parts for imported machinery. As
the production of sugar cane goes on increases the demand for oil engines came in
light. With this industrial activity Shivaji Udyamnagar was established in the year
1947 and given land for promoting industrial activity. The fourth and fifth decades of
the 20th century saw several progressive entrepreneurs including S. Yashwant, Y.P.
Powar, Mirasaheb Hudli, Gadre, Samani and C. Menon emerge and ensure rapid
growth of the Kolhapur engineering and foundry industry. In Shivaji Udyamnagar as
the foundry business was grown up there is need occurs for machine and fabrication
industries. Now the machine and fabrication industries were also developed in last
three decade. Now Shivaji Udyamnagar is come in the centre of the city and
surrounding area is blocked by residential people and there is no scope of expansion
for any business.
3.2.1 : M. G. Industries

Sr.No. Name of the Company M. G. Industries


Factory P.N.-12, Y.P. Powar Nagar,
a Address Kolhapur, Maharashtra.
Reg. Office P.N.-12, Y.P. Powar Nagar,
Kolhapur, Maharashtra.
b Year of Establishment 1985
c Constitution Proprietorship
d Gross Turnover Rs. 02.16 crore
e Net Profit Rs. 14.12 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 26.31 Thousand
i Capital employed as present Rs. 56.71 Lakhs
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

M. G. Industries is a well known for manufacturer of Industrial Gun Metals,


Gunmetal Bushes, Phosphorus Bronze, Lead Bronze Castings, Mill Bearings, Bushes,
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Bars, Wear Plates, Pedestal Bearings, White Metal Bearings, C.I Castings, Steel
Castings and Aluminum Castings. The researcher has considered work centre, age of
manufacturing unit, location, size of the firm and variety of product as a parameters
to select a sample unit.

The firm is registered under Small Scale Industries (SSI). It has well equipped
workshop with skilled workers and engineers for complete the work as per
requirement. It has deep experience of many years in offering gun metal, phosphorus
bronze castings, leaded bronze castings, C. I. castings, top roller bearings, bottom half
bearings, mill bearings, gun metal bushes and wear plates etc. These are manufactured
using quality raw material such as Copper Ingot and Scrap and Gun Metal Scrap
procured from reliable and well known vendors. Efficient marketing strategy and
quality range of Sugar & Cement Mill machines and spares helps them in catering to
the needs of clients across the country. Some of the major clients are Walchandnagar
Industries Ltd. Pune, Krupp Industries Ltd. (B/W) Pune, The KCP Ltd. Chennai, S. S.
Engineers Pune, Surendra Engineering Corporation (Export Division) Mumbai and
Sugar Mills of all over India.

3.2.2 : M. K. Foundry

Sr.No. Name of the Company M.K. Iron Foundry


Factory 1243/2 ‘C’ Shivaji Udayamnagar,
a Address Kolhapur, Maharashtra.
Reg. Office 1243/2 ‘C’ Shivaji Udayamnagar,
Kolhapur, Maharashtra.
b Year of Establishment 1960
c Constitution Proprietorship
d Gross Turnover Rs. 06.21 Crore
e Net Profit Rs. 47.19 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 17.35 Thousand
i Capital employed as present Rs. 02.13 Crore

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j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)
M.K. Iron Foundry is a manufacturer of cast iron components and
subassemblies, supplying to the engineering industries in India. The researcher has
considered work centre, age of manufacturing unit, annual turnover and financial
position, location, size of the firm and variety of product as a parameters to select a
sample unit. This foundry manufactures C. I. Castings and SG Iron Castings. It also
provides in house heat treatment. Due to the non availability of sufficient place for
machine shop the M.K. Iron Foundry cannot provide machining facility to the
products. Annual capacity of melting and molding of this unit is 400 mt. The
minimum casting size is 0.5 kg to 45 kg per piece. It produces Ruto, Fly Wheels,
Chessi Brackets, Bearing Cap and Bull Cage
Some of the esteemed clients of M.K. Iron Foundry are Budhale Engineers
Pvt. Ltd. Kolhapur, Kirloskar Engine Oil., Kolhapur, Shantaram Machinery Pvt. Ltd.,
Kolhapur. Prince Alloys Pvt. Ltd. Kerala, etc.

3.2.3 : Dhiraj Industries


Sr.No. Name of the Company Dhiraj Industries
Factory 422,’A’ Panjarpol Ind. Estate,
a Address Kolhapur, Maharashtra.
Reg. Office 422,’A’ Panjarpol Ind. Estate,
Kolhapur, Maharashtra.
b Year of Establishment 2001
c Constitution Proprietorship
d Gross Turnover Rs. 12.71 crore
e Net Profit Rs. 01.07 crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 02.11 Crore
i Capital employed as present Rs. 04.17 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

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Dhiraj Industries is an ISO 9001:2008 certified sheet metal components
manufacturing unit established in year 2001. The Company is operating in its own
spacious factory shed with all the latest manufacturing facilities. The researcher has
considered work centre, annual turnover and financial position, location, size of the
firm, variety of product and computerization as parameters to select a sample unit.
Company has successfully developed a wide range of components for the
present customers. Company is committed to customer satisfaction by producing high
quality products at competitive cost, timely supply and constant up-gradation of the
quality management systems. Spare capacity is available as company has expanded its
activities in deep-drawn components and assemblies.

The efficient work processes and skilled workforce ensure to meet client
orders by scheduled deadlines and quality standards. Company is manufacturer and
supplier of premium quality Sheet Metal components, Fuel Tanks, Silencers and
Fabricated Products. The clients of Dhiraj Industries are Kulkarni Power Tool Ltd.,
Shiroli, Kolhapur, Menon Alkop Pvt. Ltd. Kagal, Kolhapur, Ashra Consultants Pvt.
Ltd. Pune.

3.2.4 : Micro Metal Industries


Sr.No. Name of the Company Micro Metal Industries
Factory Pl. 43, Y.P. Powar Nagar , Kolhapur,
Maharashtra.
a Address
Reg. Office Pl. 43, Y.P. Powar Nagar , Kolhapur,
Maharashtra.
b Year of Establishment 1993
c Constitution Partnership Firm
d Gross Turnover Rs. 04.61 crore
e Net Profit Rs. 23.14 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 61.27 Lakhs
I Capital employed as present Rs. 01.73 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

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Micro Metal Industries pleased to introduce themselves as one of the leading foundries
in this area, manufacturing and supplying graded cast iron castings to the various types
of industries and latest technologies. The researcher has considered work centre, age
of manufacturing unit, annual turnover and financial position, customer base, size of
the firm and variety of product as a parameters to select a sample unit. The company
provides their client high quality high grade C.I. casting as per their specification. The
quality standard requirements are being followed very scrupulously through the
associate laboratory and are also backed by professional expertise.

The company is mainly supplying castings to automotive industry covering Pune,


Aurangabad, Pantnagar, Bangalore, Chennai etc. The company is mainly engaged in
mass production activities of small and critical CI components. The present capacity of
firm is 1800 tons of casting per annum. The company produces CI liners, Top Plate,
Gear Cover, Stock Tube, Square Block, CI Rotors, Fuel Filter header.etc. Some of the
esteemed client of Micro Metal Industries are M/s Alfa Engineers Pvt. Ltd. Faridabad,
M/s Aruna Techno Industries, Mumbai, M/s Dixit Industries, Nashik, M/s Elemec
Industries Pune, Endurance Technologies Pvt. Ltd. Hariyana

3.2.5 : Prime Industries

Sr.No. Name of the Company Prime Industries


Factory 1243/10 Shivaji Udyam Nagar,
a Address Kolhapur, Maharashtra.
Reg. Office 1243/10 Shivaji Udyam Nagar,
Kolhapur, Maharashtra.
b Year of Establishment 1988
c Constitution Sole Proprietorship
d Gross Turnover Rs. 07.12 crore
e Net Profit Rs. 42.37 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 59.16 Lakhs
i Capital employed as present Rs. 02.81 Crores

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j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Prime Industries is pleased to introduce as one of the leading manufacturer and


supplier of Non-Ferrous casting and components in finish machined condition. The
researcher has considered work centre, age of manufacturing unit, annual turnover
and financial position, size of the firm, variety of product and nature of raw material
as a parameters to select a sample unit. The casting ranges from 7kg to 300 kg single
piece. The company also manufactures castings of gear, rings and bushes in
Phosphorous Bronze material by centrifugally casting process and is capable to cast
up to 120kg single piece of above grade.

The company supplies components with test certificate and in any grade
material like White Metal, Phosphorus Bronze, Gun Metal, Lead Bronze, Brass and
Aluminum as per ISI specification. Prime Industries also supply components in fully
machined condition with all operations like drilling, milling, grinding and taper
turning as per requirement of customer’s drawing and specification.

3.2.6 : Bhavani Iron Industries Pvt. Ltd.

Sr.No. Name of the Company Bhavani Iron Industries Pvt. Ltd.


Factory 1325/1, Shivaji Udyam Nagar,
Kolhapur, Maharashtra.
a Address
Reg. Office 1325/1,Shivaji Udyam Nagar,
Kolhapur, Maharashtra.
b Year of Establishment 1977
c Constitution Pvt. Ltd.
d Gross Turnover Rs. 15.36 crore
e Net Profit Rs. 01.82 Crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 23.11 Lakhs
i Capital employed as present Rs. 04.91 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

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Bhavani Iron Industries Pvt. Ltd. is establish in 1977 certified ISO 9001-2008,
Organization in the foundry business with specialties of various grades of steel,
Graded Gray Iron Casting and Low Alloy Cast Iron Castings, is managed by highly
qualified and experienced personnel. The researcher has considered work centre, age
of manufacturing unit, annual turnover and financial position, size of the firm, nature
of raw material and variety of product as a parameters to select a sample unit. The
production capacity of the firm is 2500 Tons per annum. Bhavani Iron Industries Pvt.
Ltd. producing Side Walls, Side Frames, Box Wall, Flywheel Bagasse Hoper,
Hydraulic rams and pistons etc.

Bhavani Iron Industries Pvt. Ltd. is producing different grades of Gray Iron
castings in various shapes and size. The casting ranges between 50Kg to 2,500 Kgs
single piece. The company is producing the components widely used in the field of
Printing Machinery, Sugar machinery, Power Generation, Marine Machinery and
Motor bodies etc.

3.2.7 : Ashok Iron Works

Sr.No. Name of the Company Ashok Iron Works


Factory 1325/83 Shivaji Udyam Nagar,
Kolhapur, Maharashtra.
a Address
Reg. Office 1325/83 Shivaji Udyam Nagar,
Kolhapur, Maharashtra.
b Year of Establishment 1974
c Constitution Partnership Firm
d Gross Turnover Rs. 02.11 crore
e Net Profit Rs. 23.41 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 17.93 Thousand
i Capital employed as present Rs. 47.54 Lakhs
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Ashok Iron Works is installed in the year 1974. The company is


manufacturing all types of CI. Castings like Casted Beds, Casted Slides and Casted

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Tailstocks required Machine Tool Industries, Engine Covers, Gear Boxes for
automobiles industries, Cylinder Blocks, Cylinder Heads, Various types of Gear
Rings and Gear Boxes for Construction Machinery Manufactures. The researcher has
considered work centre, age of manufacturing unit, modernization of manufacturing
unit, size of the firm and variety of product as a parameters to select a sample unit.

The capacity of this unit is molding and melting approximately 300 MT per
annum. The Ashok Iron Works has also CNC, VMC machines for providing good
quality of product. The minimum size of the casting is 100kg and maximum size of
the casting is 4 tons. Some of the esteemed clients of Ashok Iron Works are EICHER,
Force Motors, Automotive Axle Ltd. Mysore, Mahindra & Mahindra etc.

3.2.8 : Dhananjay Metal Works

Sr.No. Name of the Company Dhananjay Metal Works


Factory 1029/B-3 ‘A’ Gavat Mandai Udyam
a Address Nagar , Kolhapur, Maharashtra.
Reg. Office 1029/B-3 ‘A’ Gavat Mandai Udyam
Nagar , Kolhapur, Maharashtra.
b Year of Establishment 1997
c Constitution Proprietorship
d Gross Turnover Rs. 03.18 crore
e Net Profit Rs. 31.19 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 14 Lakhs
i Capital employed as present Rs. 01.41 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)
Dhananjay Metal Works is established in the year 1997, located at Shivaji
Udyam Nagar, a heart of city an industrial hub of Kolhapur. The researcher has
considered work centre, location, size of the firm, nature of raw material and variety
of product as a parameters to select a sample unit. The company created unique
facility under one-roof to manufacture variety of non-ferrous castings, aluminum

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Casting, Bronze Casting and Brass Casting for various industries like Earth moving
Equipments, Valve, Pumps, Wind Mills, Automobile, Tractor etc.
The capacity of this unit is molding and melting 400 MT per year which
producing Mission Case, Clutch Case, Bearing Cap, Crank, Cylinder etc. The
minimum size of the casting is 20 kg and maximum size of the casting is 200 kg. The
company provides in house heat treatment and Hot Box, Cold Box, Box Shell, CO2
for core making process.

3.2.9 : Budhale & Budhale

Sr.No. Name of the Company Budhale & Budhale


Factory 1328/3 Y.P. Powar Nagar ,
a Address Kolhapur, Maharashtra.
Reg. Office 1328/3 Y.P. Powar Nagar ,
Kolhapur, Maharashtra.
b Year of Establishment 1967
c Constitution Partnership
d Gross Turnover Rs. 18.34 crore
e Net Profit Rs. 03.19 crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 18 Thousand
i Capital employed as present Rs. 06.17 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Budhale & Budhale is the leading industry in manufacturing sheet metal press
components in western Maharashtra established in 1967 with small limited facilities,
after finer studies of emerging need and using the latest technologies, now possesses
diverse production facilities, totally directed to meet varying customer needs and
schedules. The researcher has considered work centre, age of manufacturing unit,
annual turnover and financial position, location, size of the firm, variety of product,
customer base, nature of raw material and modernization of manufacturing unit as a
parameters to select a sample unit. The company supplies sheet metal press

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components to India and overseas with consistent growth in intricacy, range, volumes
and values. The steel consumption capacity of the plant is 2000 tons per month. They
have well equipped tool room containing Press Machine having capacity 20 tons to
400 tons, along with this they have own phosphate treatment plant, painting and
Power coating shop, Packaging facility also.

Budhale & Budhale is producing more than 350 different products as per
customers demand some of them are diesel and oil filter, petrol tank, compressor, wire
crimpling tool, silencer etc. Some of the esteemed clients are Videocon, Bosch,
Kirloskar, Andrew, Piaggio Vehicle Pvt. Ltd., Siemens etc.

3.2.10 : Nagesh Iron Industries

Sr.No. Name of the Company Nagesh Iron Industries


Factory Bl.No.-2, Y.P. Powar Nagar,
Kolhapur, Maharashtra.
a Address
Reg. Office Bl.No.-2, Y.P. Powar Nagar,
Kolhapur, Maharashtra.
b Year of Establishment 1982
c Constitution Proprietorship
d Gross Turnover Rs. 01.45 crore
e Net Profit Rs. 16.11 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 5400/-
i Capital employed as present Rs. 21.15 Lakhs
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Nagesh Iron Industries started a foundry with a capital of Rs. 5400/- in 1982.
The researcher has considered work centre, nature of the firm, age of manufacturing
unit, location, size of the firm, customer base and variety of product as a parameters
to select a sample unit. Now the capacity of this unit is molding and melting 400 Ton
per year, which includes graded Cast Iron Castings required for Crane Hoist Casting,
Machinery, Automobile, Agriculture and Oil Engine Spares Casting. The Nagesh Iron
Industries is producing Casted Beds, Casted Slides, Casted Tailstocks required
Machine Tool Industries, Engine Covers, Gear Boxes for automobiles industries,
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Cylinder Blocks, Cylinder Heads, to be used in Tractor, Diesel Engine, Generator Set,
The minimum size of the casting is 3kg and maximum size of the casting is 70 kg.

The major customers of Nagesh Iron Industries are Kirloskar Oil Engine,
Kolhapur, Sumeet Metal Tech. Pune, Milind Enterprises, Pune, Sankalp Industries,
Ratnagiri, Dynocast Sangli etc. Due to non availability of excess land the company is
unable to start machine shop and expand the existing production capacity.

3.2. 11 : India Engineering Works

Sr.No. Name of the Company India Engineering Works


Factory 128/E, Shivaji Udyam Nagar,
a Address Kolhapur, Maharashtra.
Reg. Office 128/E, Shivaji Udyam Nagar,
Kolhapur, Maharashtra.
b Year of Establishment 1970
c Constitution Proprietorship
d Gross Turnover Rs. 81.16 Lakhs
e Net Profit Rs. 13.61 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 24 Thousand
i Capital employed as present Rs. 16.12 Lakhs
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

India Engineering Works (IEW) is established in the year of 1970 at Shivaji


Udyam Nagar, Kolhapur for manufacturing of Shock Absorbers. IEW started
development and manufacturing Shock Absorbers for Suvega Luna, Moped India,
Laxmi and Tansi. In 1976 IEW expanded its manufacturing capacity and started
second unit at M.I.D.C. Shiroli. The researcher has considered work centre, nature of
the firm, age of manufacturing unit, location, size of the firm, customer base and
variety of product as a parameters to select a sample unit.

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During the tenure of business, the performance of IEW products gained the
customer confidence. IEW developed around 30 verities of product during this period
with its own technology and supplied most of them to repeated automobile
manufacturers as O.E. as well as replacement market. Company manufactures Spring
Type Shock Absorbers, Hydraulic Shock Absorbers, Dampers, Gas filled shock
absorbers and Gas Springs. For the quality work company got an ISO 9001-2000
quality certification.
3.2.12 : Kawade Iron Works

Sr.No. Name of the Company Kawade Iron Works


Factory 1243/29 ‘E’ Ward Shivaji
a Address Udyamnagar, Kolhapur,
Maharashtra.
Reg. Office 1243/29 ‘E’ Ward Shivaji
Udyamnagar, Kolhapur,
Maharashtra.
b Year of Establishment 1981
c Constitution Proprietorship
d Gross Turnover Rs. 37.16 Lakhs
e Net Profit Rs. 06.21 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 7,000/-
i Capital employed as present Rs. 09.13 Lakhs
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Kawade Iron Works is started in the year 1981 in the Shivaji Udyambagar,
Kolhapur. In this unit it produces the Cast Iron casting, which is used in the
Automobile sectors and General Engineering Machinery. The researcher has
considered work centre, nature of the firm, age of manufacturing unit, location, size
of the firm, and variety of product as a parameters to select a sample unit. The
capacity of this unit is molding and melting 270 Tons per year. Casting ranges from

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03kg to 45kg single piece. The Kawade Iron Works provides in house heat treatment
but due to non availability of sufficient place they cannot start a good machine shop.
The major customers of Kawade Iron Works are Mahindra & Mahindra Ltd,
Tractor and Farm Equipment Ltd. Dutt Sai Industries, Pune, Sandvik Asia Ltd.
Ratnagiri, Noor Industries, Miraj. etc.
3.2.13 : Bharat Cam Industries

Sr.No. Name of the Company Bharat Cam Industries


Factory 66-E Shivaji Udyamnagar,
a Address Kolhapur, Maharashtra.
Reg. Office 66-E Shivaji Udyamnagar,
Kolhapur, Maharashtra.
b Year of Establishment 1976
c Constitution Proprietorship
d Gross Turnover Rs. 17.13 crore
e Net Profit Rs. 02.11 crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 3,400/-
i Capital employed as present Rs. 03.46 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Bharat Cam Industries is started in 1976. Since then, it is supplying camshafts


to different leading engine manufactures. The researcher has considered work centre,
nature of the firm, age of manufacturing unit, location, size of the firm, customer
base, modernization of manufacturing unit, computerization, nature of raw material
and variety of product as a parameters to select a sample unit. At present company
has workforce of 60 employees amongst them are highly experienced in
manufacturing process of camshafts as the company is working in this field since 20-
30 years. Second unit is started in Shiroli MIDC Kolhapur in 40,000 sq. ft. The
company has its own Facing Centering Machine, CNC turning Machine, CNC
Gylindrical Grinders, Hydraulic Milling Machines and Hydraulic Cylindrical
Grinders with closed loop for inspection. Bharat Cam Industries is produce 7,000
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Nos. camshafts per month. The company enters in to a contract with M/S Kirloskar
Oil Engines Ltd., Pune in 1985 for supplying camshaft to them for all type of oil
engines, and in last 3 to 4 years the company supplies more than 2,00,000 cam shaft
only to Kirloskar Oil Engines only.

After contracting with Automotive Research Association of India, Pune and


Kirloskar Cummins Ltd. Pune for inspection and development the company develops
Master Cams in 1995-96, and then the company develop over 180 different types of
multicylinder camshafts so far, for domestic and international market in small and
large batch quantities for engines having various application like Gensets, Power
Tillers, Tractors and Automobiles etc. Some esteemed clients are Ashok Leyland,
Equatorial International Ltd., Lombardini, Lister Petters US. etc.

3.2.14 : UDREJ Engineers Pvt. Ltd.

Sr.No. Name of the Company UDREJ Engineers Pvt. Ltd.


Factory 67 Pratibha Nagar, Kolhapur,
Maharashtra.
a Address
Reg. Office 67 Pratibha Nagar, Kolhapur,
Maharashtra.
b Year of Establishment 1994
c Constitution Pvt. Ltd.
d Gross Turnover Rs. 03.72 crore
e Net Profit Rs. 23.68 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 36.18 Lakhs
i Capital employed as present Rs. 85.43 Lakhs
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

UDREJ Engineers Pvt. Ltd. is an ISO 9001-2000 company, specialized in the


manufacturing of Aluminum Die Casting in Machined and Painted form. The
researcher has considered work centre, nature of the firm, location, size of the firm,
modernization of manufacturing unit, computerization and variety of product as a
parameters to select a sample unit. Assisted by a Strict Quality Regime, has an eye
on emerging customer needs. Other than the die casting capability, the unit also has
162
modern equipment for Melting, heat treatment, Machining of casting and Process
Monitoring.

. The annual capacity of production is 400 ton casting. The capacity of components
produces ranges from 40 gram to 3 kg. UDREJ Engineers Pvt. Ltd. produces shafts,
plates and covers of automobile and other industrial product. It provides in house heat
treatment along with fully automated machine shop containing VMC, CMC and
GPMs and vertical drilling machines.

3.2.15 : OM Ganesh Iron Works


Sr.No. Name of the Company OM Ganesh Iron Woks
Factory 1029 ‘E’ Gavat Mandai Shahupuri,
a Address Kolhapur, Maharashtra.
Reg. Office 1029 ‘E’ Gavat Mandai Shahupuri,
Kolhapur, Maharashtra.
b Year of Establishment 1984
c Constitution Proprietorship
d Gross Turnover Rs. 01.13 crore
e Net Profit Rs 19.11 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 23,000/-
i Capital employed as present Rs. 27.62 Lakhs
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)
OM Ganesh Iron Works is installed in the year 1984, having molding machine
and other foundry related machinery. The researcher has considered work centre,
nature of the firm, age of manufacturing unit, location, size of the firm, customer base
and variety of product as a parameters to select a sample unit. The capacity of this
unit is molding and melting 450 MT per year, which includes graded Grey cast Iron
castings. The OM Ganesh Iron Works is producing components like Cylinder Liners,
Cylinder Heads, Gear Carriers, Housing and Motor Bodies.
The major customers of OM Ganesh Iron Works are Tejas International, Pune,
Tecumseh Products India Pvt. Ltd., Caspro Metal Industries Ltd., Bajaj Tempo Ltd.

163
Goa, Versatile Engineers Pvt. Ltd. In this unit the company provides in house heat
treatment, but due to lack of sufficient space the company is unable to start the good
machine shop for providing finished components to the clients.
3.3 : Shiroli MIDC
Map No. 3.3.1. Map of Shiroli MIDC

(Source : Windows Picture and Fax Viewer)

As the restriction on expansion of the Shivaji Udyamnagar has been increased


the progressive entrepreneurs walked towards out of the city and Shiroli MIDC was
established in the year 1976. There is availability of the specious land to expand the
business, with this advantages the number of big organizations like Shriram Foundry,
Sound Casting, Manugraph, Menon Piston etc. was started in the shiroli MIDC. The

164
growth of the Kolhapur industrial sector was goes on rapidly but again the problem of
availability of land comes into existent. Because Shiroli MIDC was surrounded by
many small villages and the two rivers that is Panchaganga and Warana pass in
between them. The people in these villages are not ready to spare much more land for
the industrial purpose because due to the availability of adequate facility of the water
there is large production of cash crop that is sugar cane. Simultaneously the farmers
can cultivate vegetables because the rapid growth of Kolhapur city there is heavy
demand for vegetables. Hence there is need to another place for the expansion of the
Kolhapur industries and Gokulshirgaon MIDC(GOSHIMA) came into existence.

3.3.1.: Ashapura Casting

Sr.No. Name of the Company Ashapura Casting


Factory F-25/1, M.I.D.C., Shiroli, Kolhapur,
a Address Maharashtra.
Reg. Office F-25/1, M.I.D.C., Shiroli, Kolhapur,
Maharashtra.
b Year of Establishment 2003
c Constitution Partnership Firm
d Gross Turnover Rs. 18.63 crore
e Net Profit Rs. 01.22 crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 26.13 Lakhs
i Capital employed as present Rs. 82.71 Lakhs
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Ashapura Castings is installed in the year 2003 with inductotherm induction


furnace, BMD molding machine and other foundry related machinery. The researcher
has considered work centre, nature of the firm, location, size of the firm, customer
base, modernization of manufacturing unit, annual turnover and financial position
and variety of product as a parameters to select a sample unit. The capacity of this
unit is molding and melting 1200 MT per year, which includes graded Grey Iron and

165
S.G. Iron Castings. The Ashapura Castings have also CNC, VMC and HMC machines
for providing good quality of product. The Ashapura Castings is producing
components to be used in Automobile sector, Rail, Pumps and Valves, Machine
Tools, Motor etc. The minimum size of the casting is 0.090kg and maximum size of
the casting is 250 kg.

The major customers of Ashapura Castings are EICHER, TBK, GENERAL


MOTORS, FORCE MOTORS and LOMBARDINI. The company got the ISO 9000
certificate for quality assurance. The company provides in house heat treatment. It
also provides Hot Box, Cold Box, Box Shell and CO2 for core making process.

3.3.2 : Abhijeet Casting Pvt. Ltd.


Sr.No. Name of the Company Abhijeet Castings Pvt. Ltd.
Factory Plot No.9, R. S. 586, Behind
Navjeevan Patsanstha, M.I.D.C.,
Shiroli, Kolhapur, Maharashtra.
a Address Reg. Office Plot No.9, R. S. 586, Behind
Navjeevan Patsanstha, M.I.D.C.,
Shiroli, Kolhapur, Maharashtra.
b Year of Establishment 2001
c Constitution Pvt. Ltd.
d Gross Turnover Rs. 22.18 crore
e Net Profit Rs. 01.42 crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 07.50 Lakhs
i Capital employed as present Rs. 01.37 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Abhijeet Castings is an upcoming foundry in the Industrial hub of Kolhapur


has been established in the year October 2001 and is being operated under the flagship
of its able and dynamic proprietor Mr. Dhananjay D. Patil, who has more than 17
years experience in foundry industries, he had worked in Vijay Industries and Shri
Ram Foundry Ltd. Here he gained vast experience of mass production of precision
components of automobile and tractor industry for supplies to large industries like

166
TELCO, L & T, MAHINDRA, EXCORTS etc. The researcher has considered work
centre, nature of the firm, location, size of the firm, customer base, annual turnover
and financial position, nature of raw material and variety of product as a parameters
to select a sample unit. The capacity of this unit is melting and molding 3,600 tons
per year. The minimum size of the casting is 0.040kg and maximum size of the
casting is 12 kg.

The major customers of Abhijeet Castings are Ghatage Patil Industries, Caspro
Metal Industries Pvt., Ltd. Force Motors Ltd., Mutha Autocast Pvt. Ltd. Abhijeet
Casting has been honoured as Best Small Scale Industries (District Level) award. This
unit has also got an ISO 9001:2000 QMS certificates.

3.3.3 : K & K Foundry Pvt. Ltd.

Sr.No. Name of the Company K. & K. Foundry Pvt. Ltd.


a Factory D-49/1, M.I.D.C., Shiroli, Kolhapur,
Maharashtra.
Address
Reg. Office D-49/1, M.I.D.C., Shiroli, Kolhapur,
Maharashtra.
b Year of Establishment 1996
c Constitution Pvt. Ltd.
d Gross Turnover Rs. 27.11 crore
e Net Profit Rs. 02.07 crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 62.31 Lakhs
i Capital employed as present Rs. 02.17 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

K & K Foundry Pvt. Ltd. Is a professionally managed industry, producing


graded Grey Cast Iron Components which commenced its commercial production in
1996. The researcher has considered work centre, nature of the firm, location, size of
the firm, customer base, annual turnover and financial position, nature of raw
material and variety of product as a parameters to select a sample unit. The
company is producing Grey Cast Iron Casings with wide application base catering to

167
automobile industry and diesel engine industry. The company is engaged in
manufacturing of Crank Pullies, Front Axle Support and Bearing Caps of wide range
weighing in between 0.5 kg to 75 kg of single piece. It has capacity of melting and
molding 9,600 MT per year. The driving force behind the company is both directors
Samir Kale and Vivek Kavle, who are qualified Mechanical Engineers with sound
business experience and working on the principle “Don’t just dream, Be a visionary “.

K & K Foundry Pvt. Ltd. has been supplying their products to global leaders
like Kirloskar Oil Engines, Mahindra & Mahindra Ltd, Tractor and Auto Devision,
Greaves Cotton Ltd. Due to depth industry understandings, streamlined work and
process along with superior quality products the company earned prestigious ISO
9001:2000 recognition.

3.3.4 : Geeta Pumps Pvt. Ltd.

Sr.No. Name of the Company Geeta Pumps Pvt. Ltd.


Factory 13/17, M.I.D.C., Shiroli, Kolhapur,
a Address Maharashtra.
Reg. Office 13/17, M.I.D.C., Shiroli, Kolhapur,
Maharashtra.
b Year of Establishment 1974
c Constitution Pvt. Ltd.
d Gross Turnover Rs. 17.32 crore
e Net Profit Rs. 93.42 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 16 Thousand
i Capital employed as present Rs. 01.37 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

The researcher has considered work centre, nature of the firm, age of
manufacturing unit, location, size of the firm, customer base, annual turnover,
modernization of manufacturing unit, computerization and variety of product as a

168
parameters to select a sample unit. Mr. N. M. Pillai, the founder member of the
Geeta Pumps Pvt. Ltd. Started his career in 1966 as a QA Engineer at Ruston &
Hornsbey (I) Ltd. He started this unit in September 1974, machining transmission of
component (Bull Shaft Bearing Cage) of Mahindra Tractor, supplying up to 5000
Nos. per month. In view of growing need of various casing components in the
automobile & tractor industry, he ventured for setting up a Cupola Furance (Grey Cast
Iron) in 1980 with a capacity of manufacturing 100 tons per month of machined
castings. In 1993 capacity expanded by adding Induction Furnace and Machine Shop
was setup to supply up to 5,000 Nos. finished Rear Axle Carriers per month using
latest machines, which is supplied to Mahindra & Mahindra Ltd, Tractor division,
Mumbai. Now the capacity of melting and molding is 250 tons per month of the said
unit.

3.3.5 : Akshay Casting

Sr.No. Name of the Company Akshay Casting


Factory C-30, M.I.D.C., Shiroli, Kolhapur,
a Address Maharashtra.
Reg. Office C-30, M.I.D.C., Shiroli, Kolhapur,
Maharashtra.
b Year of Establishment 2005
c Constitution Sole Proprietorship
d Gross Turnover Rs. 03.72 crore
e Net Profit Rs. 27 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 08.62 Lakhs
i Capital employed as present Rs. 64.18 Lakhs
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Akshay Casting is focused on the quality which means continual customer


satisfaction by supplying products on right time and doing the work right at first time
through improvement of all employees of all levels. The researcher has considered

169
work centre, nature of the firm, nature of raw material, size of the firm,
computerization, customer base and variety of product as a parameters to select a
sample unit. The seeds of Akshay Casting were sown in 2005 with production
capacity of 1 MT of aluminum castings per month. Since then the company has
progressed & today the company produces 10 MT of aluminum castings per month.
Akshay Castings is and ISO 9001-2008 unit of manufacturing of alluminium gravity
die casting. Honouring the needs of the industries today, as most iron and other
equipments are being replaced by aluminum and its requirements is being increasing
year after year.

The foundry has facilities of melting furnace, holding furnace, shot blasting
machine, band show machine etc. Now the company is manufacturing, supplying and
exporting a wide range of Aluminum Auto Parts, Aluminum Spacers, Aluminum
Manifolds, Aluminum Air Pipes, Aluminum Filter Body Parts, Aluminum Drill
Machine Body and Parts, Aluminum Bill’s Machine Body and Parts, Aluminum
Terminal Box, Aluminum Electrical Parts, Aluminum Housing, Adapters, Brackets,
Covers, Aluminum Cylinders, Rings, Pistons and Aluminum Die Casting Drums.

3.3.6: Alloy Steel

Sr.No. Name of the Company Alloy Steel


Factory 2/4, M.I.D.C., Shiroli, Kolhapur,
Maharashtra.
a Address
Reg. Office 2/4, M.I.D.C., Shiroli, Kolhapur,
Maharashtra.
b Year of Establishment 1988
c Constitution Proprietorship
d Gross Turnover Rs. 05.63 crore
e Net Profit Rs. 82 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 14 Lakhs
i Capital employed as present Rs. 79 Lakhs
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

170
Alloy Steel is established in 1988 and it is certified ISO 9001 company of the
foundry business with specialties of various grades of steel, Stainless Steel, Alloy
steels and Alloy Cast Iron Castings, managed by highly qualified and experienced
personnel. The researcher has considered work centre, nature of the firm, age of
manufacturing unit, location, size of the firm, customer base and variety of product as
a parameters to select a sample unit. The production capacity of the firm is 450 MT
per annum. The company is producing different grades of steel castings in various
shapes and size. The casting range ling between 1Kg to 500 Kg single piece. The
company is producing the components widely used in the field of Oil and Gas
Industry, Boilers, Aluminum Extraction, Ship-building, Sugar Machinery, Heavy
Equipment Manufacturing, Construction, Material Handling Equipments, Valves,
Chemical Pumps, Earth Moving Equipments and many others.

3.3.7: Arati Casting & Engineers

Sr.No. Name of the Company Arati Casting & Engineers


Factory 595/2, M.I.D.C., Shiroli, Kolhapur,
a Address Maharashtra.
Reg. Office 595/2, M.I.D.C., Shiroli, Kolhapur,
Maharashtra.
b Year of Establishment 2003
c Constitution Partnership Firm
d Gross Turnover Rs. 04.17 crore
e Net Profit Rs. 73.31 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 19.31 Lakhs
i Capital employed as present Rs. 59.44 Lakhs
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Arati Castings & Engineers has been established in 2003. The company is
manufacturing all types of Heavy CI. Castings like Casted Beds, Casted Slides,
Casted Tailstocks required Machine Tool Industries, Engine Covers, Gear Boxes for

171
automobiles industries, Impellers for Marin Lines, Various types of Gear Rings and
Gear Boxes for Construction Machinery Manufactures, Dies and Punches for Press
Machine Shops, Ingot Moulds for Steel Plants and various parts for Rolling Mills. The
researcher has considered work centre, nature of the firm, location, size of the firm,
customer base, modernization of manufacturing unit and variety of product as a
parameters to select a sample unit. The capacity of this unit is molding and melting
approximately 500 Tons per month. The Arati Castings & Engineers have also CNC,
VMC machines for providing good quality of product. The minimum size of the
casting is 100kg and maximum size of the casting is 4 ton.

3.3.8: Caspro Metal Pvt. Ltd.

Sr.No. Name of the Company Caspro Metal Pvt. Ltd.


Factory E-1, M.I.D.C., Shiroli, Kolhapur,
a Address Maharashtra.
Reg. Office E-1, M.I.D.C., Shiroli, Kolhapur,
Maharashtra.
b Year of Establishment 1977
c Constitution Pvt. Ltd.
d Gross Turnover Rs. 62.81 crore
e Net Profit Rs. 05.19 crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 02 Lakhs
i Capital employed as present Rs. 09.17 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Caspro Group is formed in the year 1977 by 2 brothers Late Mr. Sakalchand
Rathod and Mr. Ambalal Rathod with a capital of Rs. 2 Lakhs and work force of 10
people. The parent company titled Caspro Metal Industries Pvt. Ltd. Formerly known
as Castwel Metal Industries a foundry was involved in grey iron casting
manufacturing. Mr. A. C. Rathod qualified as a metallurgist had a self experience of
17 years in a reputed foundry and headed the technical department including sales and

172
Marketing. The researcher has considered work centre, nature of the firm, age of
manufacturing unit, location, size of the firm, computerization, customer base, annual
turnover and financial position, modernization of manufacturing unit, nature of raw
material and variety of product as a parameters to select a sample unit.

The capacity of this unit is molding and melting 13,200 tons per year, and
good castings 9,900 tons per year which includes graded Grey Iron Sand mould
Castings. The Caspro Metal Industries Pvt. Ltd. has also CNC and VMC machines for
providing good quality of product. The company is producing components to be used
in Automobile sector, Rail and Textile sector. The minimum size of the casting is
0.070kg and maximum size of the casting is 300 kg.

The major customers of Caspro Metal Industries Pvt. Ltd. are Mahindra &
Mahindra Ltd. Force Motors Ltd. Knoor-bremse Ltd. Eicher Tractors Ltd.

3.3.9: Gnat Foundry Pvt. Ltd.

Sr.No. Name of the Company Gnat Foundry Pvt. Ltd.


Factory Plot No4/1,M.I.D.C., Shiroli,
a Address Kolhapur, Maharashtra.
Reg. Office Plot No4/1,M.I.D.C., Shiroli,
Kolhapur, Maharashtra.
b Year of Establishment 1986
c Constitution Pvt. Ltd.
d Gross Turnover Rs. 36.40 crore
e Net Profit Rs. 02.83 crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 40 Lakhs
i Capital employed as present Rs. 05.73 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Gnat Foundry Pvt. Ltd. is established in 1986 located at MIDC shiroli an


industrial hub of Kolhapur. The researcher has considered work centre, nature of the

173
firm, age of manufacturing unit, location, size of the firm, customer base, annual
turnover and financial position, modernization of manufacturing unit,
computerization, nature of raw material and variety of product as a parameters to
select a sample unit. The company created unique facility under one-roof to
manufacture variety of castings like Steel, Alloy Steel, Stainless Steel, S. G. Iron,
Gray Iron using in various industries like Earth moving Equipments, Valve, Pumps,
Railway, Cement and Sugar Plants, Wind Mills, Automobile, Tractor etc. The product
manufactured in this unit meet the highest quality standards and has been guided by
policy which compasses the vision to be the best in the value system and business
ethics. In short span of years, products and services of this unit has been accepted by
domestic as well as international markets.

The capacity of this unit in molding and melting is 4,000 MT per year. The
company is producing Gear Box Housing, Bearing Housing, Frame, Carrier, Spindle
and Tube Casting, Center Housing, Oil Sump, Bracket, Cross Member etc. The
minimum size of the casting is 20 kg and maximum size of the casting is 2,000 kg.

The major customers of Gnat Foundry Pvt. Ltd. are Demag Cranes and
Componants, Germany, Fair Field Manufacturing Company, U.S.A., AGI-
International INC, U.S.A., Automotive Axle Ltd. Mysore, Tractor Engineers Ltd.
Pune, Addison & Company, Chennai, ABB Limited Badoda. The company also got
the ISO 9001:2000 certificate for quality assurance. The company provides in house
heat treatment. It also provides Hot Box, Cold Box, Box Shell and CO2 for core
making process.

3.3.10: Saroj Foundry Pvt. Ltd.

Sr.No. Name of the Company Saroj Foundry Pvt. Ltd.


Factory F-11, M.I.D.C., Shiroli, Kolhapur,
a Address Maharashtra.
Reg. Office F-11, M.I.D.C., Shiroli, Kolhapur,
Maharashtra.
b Year of Establishment 1964
c Constitution Private Ltd.
d Gross Turnover Rs. 45.31crore

174
e Net Profit Rs. 06.17 crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 6700/-
i Capital employed as present Rs. 02.50 Crore Lakhs
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Mr. Parsharam S. Jadhav (Bapusaheb) started his career as a labourer in a


small foundry, but did not stop there. He started his own foundry by the name Saroj
Foundry Pvt. Ltd. with a capital of Rs. 6,700/- in 1964. Now the capacity of this unit
is molding and melting 4,000 MT per year, which includes graded Grey Iron and S.G.
Iron Castings. The researcher has considered work centre, nature of the firm, age of
manufacturing unit, location, computerization, size of the firm, customer base, annual
turnover and financial position, modernization of manufacturing unit, nature of raw
material and variety of product as a parameters to select a sample unit.

The Saroj Foundry Pvt. Ltd. is producing Cylinder Heads to be used in


Tractor, Diesel Engine, Gasoline Engine, Generator Set, Power Tiller, I.C. Engine
Manufacturing. The minimum size of the casting is 7kg and maximum size of the
casting is 100 kg.

The major customers of Saroj Foundry Pvt. Ltd. are Arrow Engine Company,
Dallas, USA, Knoor Bremse, South Africa, Cummins India Ltd. Pune, Escorts Ltd.
Faridabad, VST Tillers Tractors Ltd. Banglore, Kirloskar Oil Engines, Pune. The
company also got the ISO 9000 certificate for quality assurance. The company
provides in house heat treatment.

3.3.11: K & K Craftsman Pvt. Ltd.

Sr.No. Name of the Company K & K Craftsman Pvt. Ltd.


Factory C-39/2, M.I.D.C., Shiroli, Kolhapur,
a Address Maharashtra.
Reg. Office C-39/2, M.I.D.C., Shiroli, Kolhapur,
Maharashtra.

175
b Year of Establishment 2009
c Constitution Private Ltd.
d Gross Turnover Rs. 09.63 crore
e Net Profit Rs. 73 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 14.57 Crores
i Capital employed as present Rs. 06.25 Crores
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

K & K Craftsman Pvt. Ltd. is installed in the year 2009. The researcher has
considered work centre, nature of the firm, location, size of the firm, customer base,
annual turnover and financial position, computerization, modernization of
manufacturing unit, nature of raw material and variety of product as a parameters to
select a sample unit. The capacity of this unit is molding and melting 3300 MT per
year, which includes graded C. I. Castings. The K & K Craftsman Pvt. Ltd. has also
CNC, VMC machines for providing good quality product. The K & K Craftsman Pvt.
Ltd. is producing components to be used in Automobile sector and Diesel engines.
The minimum size of the casting is 0.5kg and maximum size of the casting is 100 kg.

The major customers of K & K Craftsman Pvt. Ltd. are Mahindra &
Mahindra, Tata Motors, Kirloskar’s, Greaves, Escorts, Punjab Tractors etc. The
company also got the ISO 9001:2000 certificate for quality assurance. The company
provides in house heat treatment. It also provides sand testing equipments, carbon-
silicon analyzer.

3.3.12: Chougule Industries


Sr.No. Name of the Company Chougule Industries
Factory F-6, M.I.D.C., Shiroli, Kolhapur,
a Address Maharashtra.
Reg. Office F-6, M.I.D.C., Shiroli, Kolhapur,
Maharashtra.

176
b Year of Establishment 1999
c Constitution Partnership Firm
d Gross Turnover Rs. 31.68 Crore
e Net Profit Rs. 02.12 crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 07.44 Crore
i Capital employed as present Rs. 05.63 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Chougule Industries is started in the year 1999 in the MIDC shiroli, Kolhapur.
The researcher has considered work centre, nature of the firm, location, size of the
firm, customer base, computerization, annual turnover and financial position,
modernization of manufacturing unit, nature of raw material and variety of product
as a parameters to select a sample unit. In this unit company is producing the Grey
Iron finished components which is used in the Automobile sectors, General
engineering and Leather Machinery Industries. The capacity of this unit is molding
and melting 2,700 MT per year, which includes graded Grey Iron Castings. The
Chougule Industries has good machine shop having, CNC, VMC machines for
providing good quality of finished product.

The major customers of Chougule Industries are Mahindra & Mahindra ltd,
Tractor & Farm Equipment Ltd. ANZ International, JOHN DEERE Equipment Pvt.
Ltd. Windals Auto Parts Pvt. Ltd. EICHER. The company also got ISO 9001:2000
certificate for quality assurance.

3.3.13: Amruta Industries

Sr.No. Name of the Company Amruta Industries


Factory W-84, M.I.D.C., Shiroli, Kolhapur,
a Address Maharashtra.
Reg. Office W-84, M.I.D.C., Shiroli, Kolhapur,
Maharashtra.

177
b Year of Establishment 1992
c Constitution Proprietorship
d Gross Turnover Rs. 81.63 crore
e Net Profit Rs. 07.13 crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 14.00 Crore
i Capital employed as present Rs. 11.61 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Amruta Industries is well recognized for manufacturing and exporting Ferrous,


Non Ferrous Casting, Finished Machined Components and Assemblies. The
researcher has considered work centre, nature of the firm, location, size of the firm,
customer base, computerization, annual turnover and financial position,
modernization of manufacturing unit, nature of raw material and variety of product
as a parameters to select a sample unit. The company is approved supplier for Indian
Navy, Indian Air Force and Government Undertaking companies and for many
corporate giants in Private Sector. All over India, today company supplies variety of
components to countries like USA, France, U.K. Germany, Saudi Arabia and more.
The company is producing Investment Casting, Heavy Investment Casting,
Centrifugal Casting, Gravity Die Casting, Shell Casting, Sand Casting and in house
full-fledged facilities for casting of Ferrous and Non Ferrous Alloyes with state of Art
CNC and VMC Machining facilities to supply fully machined components.

The capacity of this unit is molding and melting approximately 14,200 MT per
year, which includes Carbon Steel, Stainless Steel, Ni & Co based alloy. The Amruta
Industries is producing components to be used in Pump Industry, Marine Industry,
Indian Neavy, Defense, Earth Moving Industry, Printing Machinery Industry, Textile
Industry, Power Projects, etc. The minimum size of the ferrous casting is 5 gram and
maximum size is 300 kg, and size of Non Ferrous casting is 5 gram to 1 ton. The
company also got the ISO 9001:2000 certificate for quality assurance.

178
3.3.14 : Mahalaxmi Metals

Sr.No. Name of the Company Mahalaxmi Metals


Factory Plot No.-22,M.I.D.C.,Shiroli,
a Address Kolhapur, Maharashtra.
Reg. Office Plot No.-22,M.I.D.C.,Shiroli,
Kolhapur, Maharashtra.
b Year of Establishment 2007
c Constitution Partnership Firm
d Gross Turnover Rs. 04.32 crore
e Net Profit Rs. 03.78 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 06.87 Crore
i Capital employed as present Rs. 02.17 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Mahalaxmi Metals is installed in the year 2007 molding machine and other
foundry related machinery. The researcher has considered work centre, nature of the
firm, location, size of the firm, customer base, modernization of manufacturing unit,
nature of raw material and variety of product as a parameters to select a sample unit.
The capacity of this unit is molding and melting 1,400 MT per year, which includes
graded Grey cast Iron castings. The Mahalaxmi Metals is producing components like
Cylinder Liners, Cylinder Heads, Gear Carriers, Housing and Motor Bodies.

The major customers of Mahalaxmi Metals are Fenner (India) Ltd., Tejas

International, Pune, Yesh Metallic Pvt. Ltd. Caspro Metal Industries Ltd., Versatile

Engineers Pvt. Ltd. The company also got the ISO 9001:2008 certificate for quality

assurance. The company provides in house heat treatment. It also provides well

equipped sand coating plant and modern laboratory for shell sand testing.

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3.3.15 : Mayura Steels Pvt. Ltd.

Sr.No. Name of the Company Mayura Steels Pvt. Ltd.


Factory 526 Shiye-Bawada Road MIDC,
a Address Shiroli, Kolhapur, Maharashtra.
Reg. Office 526 Shiye-Bawada Road MIDC,
Shiroli, Kolhapur, Maharashtra.
b Year of Establishment 1987
c Constitution Pvt. Ltd.
d Gross Turnover Rs. 06.41 crore
e Net Profit Rs. 43.78 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 01.26 Crore
i Capital employed as present Rs. 02.43 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Mayura Steels Pvt. Ltd. is established in the year 1987 and has been a pioneer
in initiating changes with the times. The researcher has considered work centre,
nature of the firm, age of manufacturing unit, location, size of the firm, customer
base, annual turnover and financial position, modernization of manufacturing unit,
nature of raw material and variety of product as a parameters to select a sample unit.
The company has all inbuilt facilities for steel casing like Pattern making, Moulding,
Casting, Heat treatment and Machining to finishing products. The melting and
moulding capacity of the plant is 7,500mt, and single products ranges from 1kg to 400
kg of per piece. Mayura Steels Pvt. Ltd. have a fully automotive machine shop
containing CNC, VMC, Drilling, Center Lath, Shot Blasting and core making
machines to produce quality products.

Mayura Steels Pvt. Ltd. produces Grate, Chain Link, Sprocket, Connecting
Link, Tray, Flap Straight, Discharge support, Tooth points and Adapters, Hammer,
Crusher, Impact Blow Bar etc for earth moving machines and other automobile

180
industries. Mayura Steels Pvt. Ltd. got ISO 9002 standard certification for better
quality of finished product.

3.4: Gokul Shirgaon MIDC

Map No.3.4.1. Map of Gokul shrigaon MIDC

(Source : Windows Picture and Fax Viewer)

Gokul Shirgaon MIDC is started in the year 1989 for satisfying the thirst of
land to the Kolhapur industrial sector. The Gokul Shirgaon is situated in north side of
the Kolhapur city and Karnataka state is ahead 35 km from it. In this industrial sector
there is no any adequate facility of water is available as a result there is no any chance
for the agricultural development in this area, and hence the land is easily available for
the industrial purpose. In the border area of Karnataka state there is heavy demand for
the industrial products hence this MIDC has grown faster. The big industrial
organization like Gokul Milk, Indocount etc. was established in this area. The rapid
development of the industrial sector of the Kolhapur put pressure on the government
to pay special attention towards the industrial sector of the Kolhapur; as a result the
government has setup the new industrial estate for heavy and large industries ahead of
Gokulshirgaon MIDC that is Kagal Five Star MIDC.

181
3.4.1: Kamala Plastic

Sr.No. Name of the Company Kamala Plastic


Factory W-59, MIDC.,GokulShirgaon,
a Address Kolhapur, Maharashtra.
Reg. Office W-59, MIDC.,GokulShirgaon,
Kolhapur, Maharashtra.
b Year of Establishment 1993
c Constitution Partnership Firm
d Gross Turnover Rs. 80.36 Lakhs
e Net Profit Rs. 09.68 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 12.07 Lakhs
i Capital employed as present Rs. 01.17 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Kamala Plastic is installed in the year 1993 with the view to manufacturing
plastic materials to be used in the domestic as well as industrial purpose. The
researcher has considered work centre, nature of the firm, location, size of the firm,
customer base, modernization of manufacturing unit, nature of raw material and
variety of product as a parameters to select a sample unit. It has installed highly
computerized machines for producing accurate plastic components. The company is
producing 20 Ltrs. Cap, Jars, Pet Bottles, PET Jar Caps, Plastic Food Containers,
Textile Mill Caps. The total area of the factory is 800 sq. mt. and the buildup area is
650 sq. mt. The total melting and molding capacity of the firm is 450 MT plastic per
year. The firm supplies its product in Maharashtra as well as in Karnataka state.

3.4.2: Caution Coats & Cabinets

Sr.No. Name of the Company Caution Coats & Cabinets


Factory H-24, MIDC.,Gokul Shirgaon,
Kolhapur, Maharashtra.
a Address
Reg. Office H-24, MIDC.,GokulShirgaon,
Kolhapur, Maharashtra.

182
b Year of Establishment 1996
c Constitution Partnership Firm
d Gross Turnover Rs. 01.40 Crores
e Net Profit Rs. 04.47 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 06.27 Lakhs
i Capital employed as present Rs. 36.34 Lakhs
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Caution Coats & Cabinets introduced themselves as manufactures of products


with excellence since 1998. The researcher has considered work centre, nature of the
firm, location, size of the firm, customer base, modernization of manufacturing unit,
nature of raw material and variety of product as a parameters to select a sample unit.
The company is supplying of S.S. and M. S. powder coated products viz. Kitchen
trolley and shop fittings/fixtures for so many years. The Caution Coats & Cabinets is
also producing educational institute furniture, designed as per modern trends. One
partner of the company being faculty member of Engineering Education Society for a
long period is well conversant with the furniture needs of students as well as the
laboratory staff members. The working capacity of the Caution Coats & Cabinets is
approximately 30 MT of M.S. CRC sheets / Pipes per month. The company is
producing Store Fixtures, Education Furniture, Kitchen Trolley, Laboratory Tables
and Custom Built Furniture.

The customers of Caution Coats & Cabinets are Apana Bazar Mumbai, K.K.

Bazar Pune, Purti Bazar Nagapur, Lokmangal Super Shopee Solapur, Magson Super

Centre Panji Goa, Shivaji University Kolhapur, Dr. D.Y. Patil Group of Institute ,

Akurdi Pune, PVG’S College of Engineering, Nashik, Maharia Charitable Trust,

Mumbai, Parshuram Education Society Chiplun.

183
3.4.3: Micro-Tech

Sr.No. Name of the Company Micro – Tech


Factory F-16, MIDC., GokulShirgaon,
a Address Kolhapur, Maharashtra.
Reg. Office F-16, MIDC., GokulShirgaon,
Kolhapur, Maharashtra.
b Year of Establishment 1990
c Constitution Sole Proprietorship
d Gross Turnover Rs. 02.12 Crores
e Net Profit Rs. 14.27 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 34.27 Lakhs
i Capital employed as present Rs. 76.18 Lakhs
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Micro–Tech industry is started in the year 1990 with the view to


manufacturing of sugar machinery spares. The researcher has considered work
centre, nature of the firm, location, size of the firm, customer base, modernization of
manufacturing unit, nature of raw material and variety of product as a parameters to
select a sample unit. In western Maharashtra there is great impact of co-operative
sugar industries in the field of sugar production. The company sells their spares in all
over Maharashtra state. The company has installed latest highly technical machineries
for producing accurate components. They are producing Wheel Cap, Fly Wheel, Cane
Cutting Knives, Mincer Knives, Rake Carriers, Belt Conveyer, etc. The total area of
the factory is 700 sq. mt and the built-up area is 450 sq. mt. Micro – Tech industry has
a capacity of utilizing 1,700 mt metal in different spares.

The esteemed customers of Micro – Tech are Shri Datta Sahakari Sakhar
Karkhana Ltd. Shirol, Shri Chhatrapati Shahu Sahakari Sakhar Karkhana Ltd. Kagal,
Deshbhakat Ratnappa Kumbhar Panchaganga Sahakari Sakhar Karkhana Ltd.,

184
Ichalkaranji, Shree Tayasaheb Kore Warana Sahakari Sakhar Karkhana Ltd.,
Warnanagar..

3.4.4: Bespask Engineers Pvt. Ltd.

Sr.No. Name of the Company Bespask Engineers Pvt. Ltd.


Factory B-15, MIDC, Gokul Shirgaon,
a Address Kolhapur, Maharashtra.
Reg. Office B-15, MIDC, Gokul Shirgaon,
Kolhapur, Maharashtra.
b Year of Establishment 1992
c Constitution Private Ltd.
d Gross Turnover Rs. 22.76 Crore
e Net Profit Rs. 01.48 Crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 04.82 Crore
i Capital employed as present Rs. 06.21 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Bespask Engineers Pvt. Ltd. is founded in 1992; today it is one of the leading
manufacturing of Pressure Die Casting and Gravity Die Casting. The researcher has
considered work centre, nature of the firm, age of manufacturing unit, location, size
of the firm, customer base, annual turnover and financial position, computerization,
modernization of manufacturing unit, nature of raw material and variety of product
as a parameters to select a sample unit. Bespask Engineers Pvt. Ltd. providing in
house heat treatment also has its own machine shop containing high quality CNC,
VMC, and HMC machine for providing good finished products. The company is
producing crank case door, Shifter forks, Swing Forks, Air Ducting, Rear Cover Assy
of pressure die casing and Intermediate Housing, Cylinder Head, Inlet Manifolds, Oil
Sump Area, of gravity die casing. The melting and molding capacity of this unit is
approximately 14,000 mt metal per annum. The company got an ISO 9001-2000
quality certificate for the quality assurance.

185
The esteemed clients of the company are Lister Petter Ltd. U.K.,
Motorenfabrik Hatz KG Ruhstorf ROTT, Germany, Em Can Electric Motors
Manufacturing Co., Abu Dhabi U. A. E., Tata Moters Ltd., Pune, TML Drivelines
Ltd., Jamshedpur, Manshu Comtel Pvt. Ltd. Satara,

3.4.5: Swati Pulley Company Pvt. Ltd.

Sr.No. Name of the Company Swati Pulley Company Pvt. Ltd.


Factory F-57, MIDC, Gokul Shirgaon,
a Address Kolhapur, Maharashtra.
Reg. Office F-57, MIDC, Gokul Shirgaon,
Kolhapur, Maharashtra.
b Year of Establishment 1978
c Constitution Private Ltd.
d Gross Turnover Rs. 91.37 Crore
e Net Profit Rs. 06.84 Crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 03.21 Crore
i Capital employed as present Rs. 17.34 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

The variable speed Pulley is established in 1978. Superior design and compact
model of the pulley made it an instant success in the Indian market. The researcher
has considered work centre, nature of the firm, age of manufacturing unit, location,
size of the firm, customer base, annual turnover and financial position,
computerization, modernization of manufacturing unit, nature of raw material and
variety of product as a parameters to select a sample unit. What began initially on a
low key not gathered momentum rapidly and business concentration had shifted
completely to manufacture of variable speed pulleys by 1984. Swati Pulley Company
Pvt. Ltd. is an ISO 9001 certified company having fully equipped manufacturing unit,
having in house heat treatment and CNC and VMC machine shop. Swati Pulley

186
company boasts of in house facilities like alluminium die casting, Die shop, Gear
hobbing, EN plating, Dynamic balancing, Assembly, painting and testing.

Swati Pulley is producing Poly V Pulley, Single Colour and Gto Two Colour
Pulley Set. Stationery Adjustable Variable Pitch Pulleys, Taper Bush Pulleys,
Variable Speed Pulley, Fixed Center Drive and Swati Handwheels. Swati Pulley
Company Pvt. Ltd. is providing their product to confectionery plants, Breweries and
Distilleries, Pharmaceutical, Chemical, Textile, Machine tool, Air Cooling systems,
Minerals, Pollution control equipments, sugar, coffee plants etc. in India as well as in
Australia, Canada, Jordan, Malaysia, Thailand, Sri-Lanka, and Singapore also.

3.4.6: Jadhav Industries

Sr.No. Name of the Company Jadhav Industries


Factory 532/5 Nerli, MIDC, Gokul Shirgaon,
Tamgaon Road, Kolhapur,
Maharashtra.
a Address Reg. Office 532/5 Nerli, MIDC, Gokul Shirgaon,
Tamgaon Road, Kolhapur,
Maharashtra.
b Year of Establishment 2006
c Constitution Proprietorship
d Gross Turnover Rs. 42.61 Crore
e Net Profit Rs. 03.72 Crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 02.72 Crore
i Capital employed as present Rs. 13.17 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Jadhav Industries is pleased to introduce themselves as a manufacturer and


machining various grades of Gray / S. G. Iron Castings as per customer specifications.
The researcher has considered work centre, nature of the firm, age of manufacturing
unit, location, size of the firm, customer base, annual turnover and financial position,
modernization of manufacturing unit, computerization, nature of raw material and

187
variety of product as a parameters to select a sample unit. The company is engaged in
manufacturing casting required for machine building, automobile and other prime
industries. Recently the company has increased its melting capacity by adding
induction furnace and pneumatic moulding facility. The installed capacity of the unit
is 14,400 M. T. per annum and now they use 6,600 M. T. per annum. The company
got an ISO 9001-2000 quality certificate.

Jadhav Industries supplies its products to Piaggio Vehicles Pvt. Ltd. Baramati,
Tecumseh Products India Pvt. Ltd., Hydrabad, Kirloskar Oil Engines Ltd., Khadki
and Furusungi , Ashok Leyland Ltd., Hosur etc.

3.4.7: Parikh Metaliks Pvt. Ltd.

Sr.No. Name of the Company Parikh Metaliks Pvt. Ltd.


Factory G-88, MIDC, Gokul Shirgaon,
a Address Kolhapur, Maharashtra.
Reg. Office G-88, MIDC, Gokul Shirgaon,
Kolhapur, Maharashtra.
b Year of Establishment 1998
c Constitution Pvt. Ltd.
d Gross Turnover Rs. 09.44Crore
e Net Profit Rs. 01.37 Crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 01.17 Crore
i Capital employed as present Rs. 03.72 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Parikh Metaliks Pvt. Ltd. as an ISO 9001-2008 certified organization located


in Kolhapur. The researcher has considered work centre, nature of the firm, location,
size of the firm, customer base, annual turnover and financial position, modernization
of manufacturing unit, nature of raw material and variety of product as a parameters
to select a sample unit. The company is the manufacturer of steel, alloy, heat resisting

188
and stainless steel casting raging from 25 to 2,500 kgs single piece weight capacity.
The company adopts the riser methoding of the casting on an, in-house software
which helps them to achieve 100% ultrasonically sound casting the 1st time itself. The
company has a well equipped laboratory that includes a German make optical
emission spectrometer having channels of Fe & Ni base alloys, it is supported by a
well equipped physical test lab having computerized tensile testing machine, fitted
with an extensometer. The production capacity of the unit is 150 MT per month.

The company produces products like lifer casting, anchor casting, grate plate
casting, inlet cone casting and more is offered in industry standard and customer
specific configurations. The product produced by parikh metaliks is supplied to
Pump/Valves industries, EOT Crane & MHE Divisions, Cement Machinery
Manufacturers, Sugar machinery manufacturers, Ship Building industry.

3.4.8 : Monark Steels

Sr.No. Name of the Company Monark Steels


Factory G-98, MIDC, Gokul Shirgaon,
a Address Kolhapur, Maharashtra.
Reg. Office G-98, MIDC, Gokul Shirgaon,
Kolhapur, Maharashtra.
b Year of Establishment 1997
c Constitution Proprietorship
d Gross Turnover Rs. 24.34 Crore
e Net Profit Rs. 02.11 Crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 04.17 Crore
i Capital employed as present Rs. 06.31 Crore
J Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,

(Source: Field Work)


Monark Steels has been established in the year 1997 as a manufacturer of S. G. Iron /
Ductile Iron Castings, produced for export to Europe and USA and domestic customers. The

189
researcher has considered work centre, nature of the firm, age of manufacturing unit,
location, size of the firm, customer base, annual turnover and financial position,
modernization of manufacturing unit, nature of raw material and variety of product
as a parameters to select a sample unit. In this unit the company produces 300 tons of
casting per month. The Monark Steels has well equipped machine shop containing
CNC, VMC and Grinding machines also the company has vertical drilling and
horizontal drilling machine to provide good quality finished products. For that the
company got an ISO 9001-2008 quality certificate.

Monark Steels produces differential castings like Rotors, Pinion and


Bearing Housings, Gear Carriers, Crank Shafts, Crank Shaft Pulleys, Manifolds for
Oil Engines, Bushings, Gear Carrier, Bearing Cap, Fork Lift Wheels etc. Some of the
esteemed clients are American Axles Ltd. Knorr Bremse Ltd., Kirloskar Oil Engines
Ltd., Garware Wall Ropes Ltd. Shriram Foundry Ltd. etc.
3.4.9: Dudhane Threadall

Sr.No. Name of the Company Dudhane Threadall


Factory G-56, MIDC, Gokul Shirgaon,
a Address Kolhapur, Maharashtra.
Reg. Office G-56, MIDC, Gokul Shirgaon,
Kolhapur, Maharashtra.
b Year of Establishment 1970
c Constitution Proprietorship
d Gross Turnover Rs. 11.43 Crore
e Net Profit Rs. 84.71 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 24.17 Thousand
i Capital employed as present Rs. 03.81 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)
Dudhane Threadall established in 1970 is an ISO 9001-2000 company, it is
manufacturing High tensile studs, T. Bolts, Heavy Hex Bolts, Bushes, Roller and all

190
types of high tensile fasteners. The researcher has considered work centre, nature of
the firm, age of manufacturing unit, location, size of the firm, customer base, annual
turnover and financial position, modernization of manufacturing unit, nature of raw
material and variety of product as a parameters to select a sample unit. In brief
people recognize the company as ‘Dudhane means Fastners’. Dudhane Threadall uses
approximately 580MT raw material containing Aluminum, Copper, Brass & Bronze.
The company uses High quality Aluminum, Copper, Brass & Bronze, Exotics, Nickel
Alloys, Stainless Steels etc. to produce difference types of nuts, studs and T. Bolts.

The company has manufacturing facilities of hot forging / upset forging, Heat
treatment, Electroplating, CNC machine shop, Thread rolling machine, Welding and
Metallurgy Laboratory under one roof with professional engineers, Quality Control
department and skilled employees. Some of their esteemed clients are Telco Pune and
Lucknow, Ghatage Patil Industries Ltd., Kolhapur, Mahle Pistons and Engine
Component Kerala, Bajaj Tempo Ltd., Goa.

3.4.10: Kailas Toolings Pvt. Ltd.

Sr.No. Name of the Company Kailas Toolings Pvt. Ltd.


Factory G-113, MIDC, Gokul Shirgaon,
a Address Kolhapur, Maharashtra.
Reg. Office G-113, MIDC, Gokul Shirgaon,
Kolhapur, Maharashtra.
b Year of Establishment 1997
c Constitution Pvt. Ltd.
d Gross Turnover Rs. 03.21 Crore
e Net Profit Rs. 21.46 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 17.82 Lakhs
i Capital employed as present Rs. 76.29 Lakhs
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Kailas Toolings Pvt. Ltd. is established in the year 1997 with a view to cater
services in the field of High Pressure Die Castings and Gravity Die Casting

191
components in aluminum and zinc base, after having experience of 15 years in the die
casting field. The researcher has considered work centre, nature of the firm, location,
size of the firm, customer base, modernization of manufacturing unit, nature of raw
material and variety of product as a parameters to select a sample unit. In a short
span of four years the company has established customers not only in India but
overseas also. The firm got an ISO 9001-200 quality certification.

Kailas Toolings Pvt. Ltd. is producing Mission Case, Clutch Case, Oil Pan,
Bearing Cap, Crank, Cylinder Block, Gear Housing, Cylinder Head and Cylinder
Block to be used in two and four wheeler manufacturing industries. Kailas Toolings
Pvt. Ltd. is all set to manufacture any type of casting up to 2 Kg. in pressure die
casting and up to 3Kg in gravity die casting. The company has a machine shop
containing shot blasting, vibro-finishing, powder coating, painting and nickel
chroming etc.
3.4.11: Chougule Founders

Sr.No. Name of the Company Chougule Founders


Factory B-34, MIDC, Gokul Shirgaon,
Kolhapur, Maharashtra.
a Address
Reg. Office B-34, MIDC, Gokul Shirgaon,
Kolhapur, Maharashtra.
b Year of Establishment 1992
c Constitution Proprietorship
d Gross Turnover Rs. 06.94 Crore
e Net Profit Rs. 36.74Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 16.82 Lakhs
i Capital employed as present Rs. 02.49 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Chougule Founders as manufactures of Cast Iron components and


subassemblies, supplying to the leading engineering industries in India. The
researcher has considered work centre, nature of the firm, age of manufacturing unit,

192
location, size of the firm, customer base, annual turnover and financial position,
modernization of manufacturing unit, nature of raw material and variety of product
as a parameters to select a sample unit. The company is manufacturing C. I. Castings
and SG Iron Castings in machined conditions ready for assembles. The company also
provides in house heat treatment and also has a fully automated machine department
containing CNC and VMC machine for providing finished product. Annual capacity
of melting and molding of this unit is 900 MT. The minimum casting size is 0.5 kg to
45 kg per piece. The company produces Ruto, Fly Wheels, Chessi Brackets, Bearing
Cap and Bull Cage

The esteemed clients of Chougule Foundries are Budhale Engineers Pvt. Ltd.
Kolhapur, Amruta Engineers Works, sangli, Shantaram Machinery Pvt. Ltd.,
Kolhapur. Prince Alloys Pvt. Ltd. Kerala, etc.

3.4.12: Paragon Founders

Sr.No. Name of the Company Paragon Founders


Factory G-33, MIDC, Gokul Shirgaon,
a Address Kolhapur, Maharashtra.
Reg. Office G-33, MIDC, Gokul Shirgaon,
Kolhapur, Maharashtra.
b Year of Establishment 1999
c Constitution Proprietorship
d Gross Turnover Rs. 02.49 Crore
e Net Profit Rs. 14.37Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 09.70 Lakhs
i Capital employed as present Rs. 85.39 Lakhs
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Paragon Founders is a professionally managed industry, producing graded


Grey Cast Iron Components which commenced its commercial production in 1999.

193
The researcher has considered work centre, nature of the firm, location, size of the
firm, customer base, nature of raw material and variety of product as a parameters to
select a sample unit. The company is producing Grey Cast Iron Casings with wide
application base catering to automobile industry and diesel engine industry. The
company is engaged in manufacturing of Crank Pullies, Front Axle Support and
Bearing Caps of wide range weighing in between 0.5 kg to 35 kg of single piece. It
has capacity of melting and molding 600 MT per year.

Paragon Founders is supplying their products to global leaders like Mahindra


& Mahindra Ltd, Tractor and Auto Division, Kirloskar Oil Engines, Greaves Cotton
Ltd. Due to depth industry understandings streamlined work, process and superior
quality, company started their new plant at Kagal Five Star MIDC with 5000mt.
capacity of melting and molding of Grey Cast Iron Casting.

3.4.13: Samir Casting Pvt. Ltd.

Sr.No. Name of the Company Samir Casting Pvt. Ltd.


Factory G-65, MIDC, Gokul Shirgaon,
a Address Kolhapur, Maharashtra.
Reg. Office G-65, MIDC, Gokul Shirgaon,
Kolhapur, Maharashtra.
b Year of Establishment 1992
c Constitution Pvt. Ltd.
d Gross Turnover Rs. 37.59 Crore
e Net Profit Rs. 03.47 Crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 04.72 Crore
i Capital employed as present Rs. 11.36 Crore.
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Samir Casting Pvt. Ltd. is one of the modern foundries having ISO/TS
16949:2009 and ISO 9001:2008 manufacturing C.I. Graded Castings, S.G. Iron &

194
Steel Castings with well equipped machining facilities. The researcher has
considered work centre, nature of the firm, location, size of the firm, customer base,
annual turnover and financial position, computerization, modernization of
manufacturing unit, nature of raw material and variety of product as a parameters to
select a sample unit. The company has an experience of over 20 years, during which
the company has developed several intricate items for supplies to reputed OEM in
Automobiles, IC Engines and Refrigeration and Air Conditioning Compressors etc.
The company is exporting C.I. & S.G. Iron Castings. Presently they are
manufacturing 700 MTs of C.I. & S.G. Iron casting & 100 MTs of steel castings per
month. The company has been awarded “Best Quality Award” by M/s Kirloskar Oil
Engines Ltd. Pune., “Certificate of Merit” Award by Ashok Leyland in casting
category for the year 2009-2010.

The esteemed clients of Samir Casting Pvt. Ltd. are Ashok Leyland, Hosur
and Chennai, Tata Motors Ltd, Pune and Jamshedpur, Caterpillar Ltd, Auma India
Pvt. Ltd. Hyderabad etc.

3.4.14: S.M. Foundires

Sr.No. Name of the Company S. M. Foundries


Factory J-15, MIDC, Gokul Shirgaon,
a Address Kolhapur. Maharashtra.
Reg. Office J-15, MIDC, Gokul Shirgaon,
Kolhapur. Maharashtra.
b Year of Establishment 1996
c Constitution Proprietorship
d Gross Turnover Rs. 12.73 Crore
e Net Profit Rs. 02.15 Crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 54.48 Lakhs
i Capital employed as present Rs. 04.51 Crore.
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

195
S. M. Foundries is established in 1996 located at Gokul Shirgaon MIDC an
industrial hub of Kolhapur. The researcher has considered work centre, nature of the
firm, location, size of the firm, customer base, annual turnover and financial position,
modernization of manufacturing unit, nature of raw material and variety of product
as a parameters to select a sample unit. The company has created unique facility
under one-roof to manufacture variety of castings like Steel, Alloy Steel, Stainless
Steel, for various industries like Earth moving Equipments, Valve, Pumps, Railway,
Wind Mills, Automobile, Tractor etc. The capacity of this unit is molding and melting
1,600 MT per year which producing Gear Box Housing, Bearing Housing, Frame,
Carrier, Spindle & Tube Casting, Center Housing, Oil Sump, Bracket, Cross Member
etc. The minimum size of the casting is 10 kg and maximum size of the casting is 200
kg.

The major customers of S. M. Foundries are Demag Cranes and Components,


Germany, Fair Field Manufacturing Company, Automotive Axle Ltd. Mysore, Tractor
Engineers Ltd. Pune, Addison & Company, Chennai, ABB Limited Baroda. The
company provides in house heat treatment. It also provides Hot Box, Cold Box, Box
Shell and CO2 for core making process.

3.4.15: Vishwakiran Industries

Sr.No. Name of the Company Vishwakiran Industries


Factory B-74/2, MIDC, Gokul Shirgaon,
Kolhapur, Maharashtra.
a Address
Reg. Office B-74/2, MIDC, Gokul Shirgaon,
Kolhapur, Maharashtra.
b Year of Establishment 1992
c Constitution Partnership
d Gross Turnover Rs. 04.27 Crore
e Net Profit Rs. 27.31 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 17.58 Lakhs
i Capital employed as present Rs. 01.31 Crore.
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

196
Vishwakiran Industries is installed in the year 1992 having molding machine
and other foundry related machinery. The researcher has considered work centre,
nature of the firm, location, size of the firm, customer base, annual turnover and
financial position, modernization of manufacturing unit, nature of raw material and
variety of product as a parameters to select a sample unit. The capacity of this unit is
molding and melting 1,200 MT per year, single piece of casting ranges from 300kg to
500kgs, which includes graded Grey cast Iron castings. The Vishwakiran Industries is
producing components like Cylinder Liners, Cylinder Heads, Gear Carriers, Housing
and Motor Bodies.
The major customers of Vishwakian Industries are Automotive Axle Ltd.
Mysore, Tejas International, Pune, Mahindra & Mahindra, Yesh Metallic Pvt. Ltd.
Caspro Metal Industries Ltd., The Company also got the ISO 9001:2008 certificate for
quality assurance. The company provides in house heat treatment. It also provides will
equipped sand coating plant and modern laboratory for shell sand testing.

3.5 : Kagal Five Star MIDC

Map No. 3.5.1 Map of Kagal Five Star MIDC

(Source : Windows Picture and Fax Viewer)


Kagal Five Star MIDC is set up in the year 2007 and it situated 20 km before
the south boundary of the Karnataka state. The basic purpose of the establishment of
this industrial estate is to bring large and heavy industrial organizations in the
Kolhapur region. Some multinational corporation like Kirloskar Oil Engine,

197
Raymond, Vardhaman Textiles and Oswal Group was successfully started their
production in this industrial estate. The major goal behind the establishment of this
industrial estate is that to bring the IT industries in this area. Kagal Five Star MIDC
situated in two talukas one is Kagal and other is Hatkanangle and it is also touches the
boundaries of the Gokul Shirgaon MIDC. In this industrial estate the manufacturing
of spare for the automobile sector and oil engine is major product. Along with this
fabrication industries, machine industries, textile industries and food processing
industries also providing major contribution in this industrial estate.
3.5.1: Aarti Industries

Sr.No. Name of the Company Aarti Industries


Factory B-1/B-2,Five Star M.I.D.C., Kagal,
a Address Kolhapur, Maharashtra.
Reg. Office B-1/B-2, Five Star M.I.D.C., Kagal,
Kolhapur, Maharashtra.
b Year of Establishment 2005
c Constitution Partnership Firm
d Gross Turnover Rs. 16.44 crore
e Net Profit Rs. 02.61 crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 40.11 Lakhs
i Capital employed as present Rs. 02.29 Crores
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Aarti Industries is installed in the year 2005 having induction furnace, Sand
Mixer, Sand Muller and other foundry related machinery. The researcher has
considered work centre, nature of the firm, geographical factor, size of the firm,
customer base, annual turnover and financial position, computerization,
modernization of manufacturing unit, nature of raw material and variety of product
as a parameters to select a sample unit. The capacity of this unit is molding and
melting 500 Tons per month, which includes all types of Heavy CI Castings like
Casted Beds, Casted Slides, Casted Tailstocks required for Machine Tool Industries,
198
Engine Covers, Gear Boxes for Automobile Industries, Impellers for Marine Lines,
Various types of Gear Rings and Gear Boxes for Construction Machinery
Manufactures, Dies and Punches for Press Machine Shops, Ingot Moulds for Steel
Plants and various parts for Rolling Mills. Some of the castings are exported to Dubai
and South Africa regularly. The Aarti Industries has also CNC, VMC and HMC
machines for providing good quality of product. The minimum size of the casting is
100kg and maximum size of the casting is 4MT.

The major customers of Aarti Industries are S.S. Engineers Pune, Budhale
Engineers Pvt. Ltd. Kolhapur, Amruta Engineers Works, Sangli, Prince Alloys Pvt.
Ltd. Kerala, Sattaf Steel Industries Sharajha UAE, Shri Balaji Rolling Pvt. Ltd. Goa.
The company also got the ISO 9001:2008 certificate for quality assurance

3.5.2: Creative Coats

Sr.No. Name of the Company Creative Coats


Factory A/32,Five Star MIDC, Kagal,
a Address Kolhapur, Maharashtra.
Reg. Office A/32,Five Star MIDC., Kagal,
Kolhapur, Maharashtra.
b Year of Establishment 2010
c Constitution Sole Proprietorship
d Gross Turnover Rs. 86.12 Lakhs
e Net Profit Rs. 07.82 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 27 Lakhs
i Capital employed as present Rs. 48 Lakhs
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)
Creative Coats introduces itself as manufacturer of S.S. and M. S.
powder coated products viz. Kitchen trolley and shop fittings/fixtures for so many
years. The researcher has considered work centre, nature of the firm, location, size of
the firm, customer base, nature of raw material and variety of product as a

199
parameters to select a sample unit. The Creative Coats is also producing educational
institute furniture, designed as per modern trends. The working capacity of the
Creative Coats is approximately 10 MT of M.S. CRC sheets / Pipes per month. They
are producing Store Fixtures, Education Furniture, Kitchen Trolley, Laboratory
Tables and Custom Built Furniture.

The customers of Creative Coats are Next Retail Mumbai, National Defense
Academy Pune, Basco Bazar, Benglore, Lokmangal, Siddhant College of Engineering
Pune, Bhima Education Society Kolhapur, Gobbi Institute of Management Jat.
3.5.3: Marvelous Vimercati Foundry Pvt. Ltd.

Sr.No. Name of the Company Marvelous Vimercati Foundry Pvt.


Ltd.
Factory B-74, Five Star M.I.D.C., Kagal,
Kolhapur, Maharashtra.
a Address
Reg. Office B-74, Five Star M.I.D.C., Kagal,
Kolhapur, Maharashtra.
b Year of Establishment 2010
c Constitution Private Ltd.
d Gross Turnover Rs. 17.10 crore
e Net Profit Rs. 02.27 crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 57.41 Lakhs
i Capital employed as present Rs. 08.19 Crores
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)
Marvelous Vimercati Foundry Pvt. Ltd. as manufacturer and exporter of Cast
Iron components and subassemblies, supplying to the leading engineering industries
in India as well as the engineering industries in the overseas market. The researcher
has considered work centre, nature of the firm, geographical factor, size of the firm,
customer base, annual turnover and financial position, computerization,
modernization of manufacturing unit, nature of raw material and variety of product
as a parameters to select a sample unit. The company is manufacturing C. I. Castings
and SG Iron Castings in machined conditions ready for assembles. The company also
provides in house heat treatment and also has a fully automated machining department
200
containing CNC and VMC machine for providing finished product. Annual capacity
of melting and molding of this unit is 3,600 MT. The minimum casting size is 0.5 kg
to 60 kg per piece. The company produces Chessi Brackets, Ruto, Fly Wheels,
Bearing Cap and Bull Cage. Along with this the company is producing power
transmission components, Compressor components, Tractor / Tiller components etc.
The company has got quality certification of ISO/TS 16949:2009. The company
provides products to Brevini Fluid Power, Italy, Carraro Drivetech Spa, Italy, Kukje
Machinery Co. Ltd. Korea, Tata Moters ltd. Pune and Jamshedpur, VST Tiller Tractor
ltd. Bangaloare, Swaraj Engines Ltd. Chandigarh, Punjab, Kirloskar Oil Engine ltd.
pune and kagal..

3.5.4: Fortune Foundries Pvt. Ltd.

Sr.No. Name of the Company Fortune Foundries Pvt. Ltd.


Factory B-83,Five-Star MIDC, Kagal,
a Address Kolhapur, Maharashtra.
Reg. Office B-83,Five-Star MIDC, Kagal,
Kolhapur, Maharashtra.
b Year of Establishment 2010
c Constitution Private Ltd.
d Gross Turnover Rs. 05.93 crore
e Net Profit Rs. 1.51 crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 01.32 Crores
i Capital employed as present Rs. 02.61 Crores
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

The Fortune Foundries Pvt. Ltd. is established in the year September,


2003.The melting and molding capacity of this unit is 1,200 MT per year. The
researcher has considered work centre, nature of the firm, location, size of the firm,
customer base, annual turnover and financial position, modernization of
manufacturing unit, computerization, nature of raw material and variety of product as

201
a parameters to select a sample unit. The company installed inductotherm induction
furnace, BMD molding machines and other foundry related machinery. The installed
capacity is 200MT per month, which includes graded Grey Iron and S. G. Iron
Casting. The company has CNC and VMC division. The heavy and light hand
moulding casting product size of the company is ranging in between 100 kg to 4 MT.
single piece. The industry provides in-house heat treatment. It also provides Hot Box,
Cold Box, Box Shell and CO2 for core making process.

The company manufactures all types of heavy CI Casting like Casted Beds,
Casted Slides, Casted Tailstocks required machine tool industries, Engine Covers,
Gear Boxes for automobile industries, Impellers for Marine Lines, various types of
Gear Rings and Gear Boxes for construction machinery, manufacturing Dies and
Punches for press machine shops,. Esteemed clients of fortune foundry are. Shantaram
Machineries Pvt. Ltd. Kolhapur, Budhale and Budhale, Kolhapur, Amruta
Engineering works, Sangali, Walachnadnagar Industries Ltd. Satara, Prince Alloys
Pvt. Ltd. Kerala, Avishkar Engineers Pvt. Ltd. Pune.

3.5.5: Powder Craft

Sr.No. Name of the Company Powder Craft


Factory A-164,Five-star MIDC, Kagal,
a Address Kolhapur, Maharashtra.
Reg. Office A-164,Five-star MIDC, Kagal,
Kolhapur, Maharashtra.
b Year of Establishment 2010
c Constitution Sole Proprietorship
d Gross Turnover Rs. 01.31 Crores
e Net Profit Rs. 09.17 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 04.12 Lakhs
i Capital employed as present Rs. 27.73 Lakhs
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

202
Powder Craft introduce itself as manufacturer of products with excellence
since 2010. The company is supplying of S.S. and M. S. powder coated products used
in hospitals. The researcher has considered work centre, nature of the firm, location,
size of the firm, customer base, modernization of manufacturing unit, nature of raw
material and variety of product as a parameters to select a sample unit. The Powder
Craft is designing and producing hospital furniture as per modern trends. The working
capacity of the Powder Craft is approximately 10 MT of M.S. CRC sheets / Pipes per
month. The company is producing Waiting Lounge Chairs, Examination Tables,
Double Steps Stools, Emergency Trollies, SS OPD Chairs, Side Locker, Cradles, ICU
Bed, Revolving Stool, Instrument Cabinet, Shadow Lamps, Railling, Gynac
Examination Table and Obstetrics SS Table.

The customers of Powder Craft are Adhar Accident and Fracture hospital
Ichalkaranaji, Lotus Hospital and Research Centre, Kolhapur, Shanti Maternity
Hospital, Jaysingpur, City Hospital, Kolhapur, The Apple Hospital and Research
Institute Ltd., Kolhapur.

3.5.6: Dudhane Metallics Pvt. Ltd.

Sr.No. Name of the Company Dudhane Metallics Pvt. Ltd.


Factory A-10,Five-star MIDC, Kagal,
a Address Kolhapur, Maharashtra.
Reg. Office A-10,Five-star MIDC, Kagal,
Kolhapur, Maharashtra.
b Year of Establishment 2007
c Constitution Pvt. Ltd.
d Gross Turnover Rs. 26.13 Crores
e Net Profit Rs. 02.43 Crores
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 07.62 Crores
i Capital employed as present Rs. 11.27 Crores
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

203
Dudhane Metallics Pvt. Ltd. is installed in 2007 having induction furnace,
Shell Mould Core Castings and Green Sand Mould manufacturing S.G. Iron, Cast
Iron Casting. The researcher has considered work centre, nature of the firm, location,
size of the firm, customer base, annual turnover and financial position, modernization
of manufacturing unit, computerization, nature of raw material and variety of product
as a parameters to select a sample unit. The capacity of this unit is molding and
melting 350 Tons per month, which includes all types of Heavy CI Castings like Y1
Brackets, Discharge Chamber, Suction Chamber, Housing Cover, Bearing Bracket,
Flywheel, Bearing Caps, Hub and Ring, Silencer Cover, Break Housing etc. for
automobile industries. Some of the castings are exported to Italy regularly. The
Dudhane Metallics Pvt. Ltd. has also CNC, VMC and HMC machines, Drilling
machines, Center Lathe, Tapping and Hydraulic power press Machines for providing
good quality of product. The minimum size of the casting is 0.15kg and maximum
size of the casting is 40kg.

The major customers of Dudhane Metallics Pvt. Ltd. are Tata Motors, Pune,
Ghatage Patil Industries, Kolhapur, GTS- Italy, Ashok Iron Works, Belgaum, Sound
Casting Pvt. Ltd, Kolhapur. Etc. The company got the ISO 9001:2008 certificate for
quality assurance

3.5.7: Anshul Steels Ltd.

Sr.No. Name of the Company Anshul Steels Ltd.


Factory B-135,Five Star M.I.D.C., Kagal,
a Address Kolhapur, Maharashtra.
Reg. Office B-135,Five Star M.I.D.C., Kagal,
Kolhapur, Maharashtra.
b Year of Establishment 2004
c Constitution Ltd. Company
d Gross Turnover Rs. 77.20 crore
e Net Profit Rs. 03.02 crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 04.27 Crore
i Capital employed as present Rs. 08.64 Crore

204
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Anshul Steels Ltd. is installed in the year 2004 having induction furnace. The
researcher has considered work centre, nature of the firm, age of manufacturing unit,
geographical factor, size of the firm, customer base, annual turnover and financial
position, modernization of manufacturing unit, computerization, nature of raw
material and variety of product as a parameters to select a sample unit. The capacity
of sponge Iron product of this unit is 60,000 MT per year and 23,760 MT per year for
manufacturing MS Ingots, which includes all types of TMT Bars, MS Ingots, MS
Billets, MS Ponge Iron Ore. The Axis 550 TMT bars render excellent strength to the
structure approximately 8% greater than conventional rods. Axis 550 TMT bars have
high fatigue resistance on dynamic loading or seismic loading due to its high strength
and ductility this makes Axis 550 TMT structures earthquake resistant. Axis 550
TMT has higher thermal stability which makes it fire resistant. Axis 550 TMT can
withstand temperatures up to 600”c. To ascertain the same each Axis 550 TMT
undergoes intense quality control. The rods are made to pass international quality
standards.

Anshul Steels Ltd. is selling their products to all over the Maharashtra,
Karnataka and Goa state also.

3.5.8: V. P. Industries

Sr.No. Name of the Company V. P. Industries


Factory B-51,Five Star MIDC. Kagal,
a Address Kolhapur
Reg. Office B-51,Five Star MIDC. Kagal,
Kolhapur
b Year of Establishment 2009
c Constitution Partnership Firm
d Gross Turnover Rs. 07.69 crore
e Net Profit Rs. 86.14 Lakhs
f Accounting System Computerized

205
g Independent Costing Department No
h Initial Cost of Project Rs. 01.34 Crore
i Capital employed as present Rs. 03.48 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

V. P. Industries founded in the year 2009, is today a one of the leading


manufacturing industries of a solid carbide tools and expanding its bases to all India
level. The researcher has considered work centre, nature of the firm, location, size of
the firm, customer base, annual turnover and financial position, modernization of
manufacturing unit, nature of raw material and variety of product as a parameters to
select a sample unit. V. P. Industries provides tools which has measurable cost saving
for their customers. The company is producing special and combination tools as per
customer requirement to save cycle time and improve productivity, for that the
company utilizes high precision modern 5 Axis CNC grinding machines and raw
materials from pioneer brand in carbide rods industry. V. P. Industries is an ISO
9001-2008 company. The capacity of this unit is 5,400 MT. carbide is using for
manufacturing different types of tools. The company supplies its products to Ghatage
Patil Industries Kolhapur, Menon & Menon all branches, Kirloskar oil engine,
Kolhapur and Pune, Sound Casting pvt. Ltd. Kolhapur.

3.5.9: Nikam Iron Sintered Product Pvt. Ltd.

Sr.No. Name of the Company Nikam Iron sintered Product Pvt.


Ltd.
Factory B-79,Five Star MIDC. Kagal,
a Address Kolhapur. Maharashtra.
Reg. Office B-79,Five Star MIDC. Kagal,
Kolhapur. Maharashtra.
b Year of Establishment 2009
c Constitution Pvt. Ltd.
d Gross Turnover Rs. 04.19 crore
e Net Profit Rs. 27.72 Lakhs
f Accounting System Computerized

206
g Independent Costing Department No
h Initial Cost of Project Rs. 26.14 Lakhs
I Capital employed as present Rs. 81.34 Lakhs
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Nikam Iron sintered Product Pvt. Ltd is founded in the year 2009 by highly
experienced group of technocrats and the company set up a modern powder
metallurgy unit to manufacture iron and stainless steel P. M. component applied in
automotive, home appliances, electric power tools and others. The researcher has
considered work centre, nature of the firm, size of the firm, customer base,
modernization of manufacturing unit, nature of raw material and variety of product
as a parameters to select a sample unit. The company is specialized in producing
exclusive Sintered Bronze Bushes having wide range of application such as Kitchen
Mixer Grinders, Blenders, Juicers, Air Conditioners and Automobiles etc. Now the
company produces powders of Tin, Copper and Zinc and then produces Sintered
Bushes. So the company challenges to supply quality bushes at attractive prices.

The company is producing PM components from 1 gram to 1 Kg. with volume


1,000 Nos. to 1 lakh quantity on monthly basis. The company has well equipped
machine unit containing CNC machine for drilling and finishing the products. The
company has in house facilities are provided for impregnating part with oil. When
required for self lubricating bearings. Nikam Iron sintered Product Pvt. Ltd. has got
ISO 9001-2008 quality certificate. The company supplies their products to Wiper Arm
Manufacturers, Wind Shield Washing Motor Manufacturers and Starter Motor
Manufacturers.

3.5.10: Valveworks India Pvt. Ltd.

Sr.No. Name of the Company Valveworks India Pvt. Ltd


Factory A-8,Five Star MIDC. Kagal,
a Address Kolhapur, Maharashtra.
Reg. Office A-8,Five Star MIDC. Kagal,
Kolhapur, Maharashtra.

207
b Year of Establishment 2012
c Constitution Pvt. Ltd.
d Gross Turnover Rs. 06.11 crore
e Net Profit Rs. 39.17 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 01.08 Lakhs
i Capital employed as present Rs. 02.84 Crores
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Valveworks India Pvt. Ltd. is a manufacturer and distributor of Gate Valves,


Gate Valves Parts and Wellhead Components. The researcher has considered work
centre, nature of the firm, geographical factors, location, size of the firm, customer
base, annual turnover and financial position, modernization of manufacturing unit,
nature of raw material and variety of product as a parameters to select a sample unit.
Valveworks India Pvt. Ltd. is producing High Pressure Die Casting. It provides in
house heat treatment for producing critical valves. The capacity of this unit is to
utilize 600mt iron per year. The capacity of components produces ranging from 60
grams to 84 kg. per piece.

The company provides in house heat treatment along with short blasting and
radiology. Valveworks India Pvt. Ltd. has fully automated machine shop containing
VMC, CMC and GPMs and vertical drilling machines. As a result of that the
company got ISO 9001-2000 quality certification. The company is supplying their
products all over the India and abroad also in the wholesale as well as retail market.

3.5.11: Suvarna Alloys Pvt. Ltd.

Sr.No. Name of the Company Suvarna Alloys Pvt. Ltd.


Factory C-8,Five Star MIDC. Kagal,
a Address Kolhapur, Maharashtra.
Reg. Office C-8,Five Star MIDC. Kagal,
Kolhapur, Maharashtra.

208
b Year of Establishment 2006
c Constitution Pvt. Ltd.
d Gross Turnover Rs. 37.26 Crore
e Net Profit Rs. 06.41 Crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 29.72 Lakhs
i Capital employed as present Rs. 09.14 Crores
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Suvarna Alloys is an Aluminum High Pressure Die Casting company


located in Kagal Five Star MIDC, Kolhapur. Being a major supplier of foundry raw
material over 3 decades to most foundries in India, Esmo group has entered in
manufacturing and machining of high precision aluminum die casting through
Suvarna Alloys Pvt. Ltd. The researcher has considered work centre, nature of the
firm, age of manufacturing unit, size of the firm, customer base, annual turnover and
financial position, modernization of manufacturing unit, nature of raw material and
variety of product as a parameters to select a sample unit. The annual capacity of
production is 1,800 metric tons, with capacity to produce 600 metric tons of
Aluminum Alloy casting annually. The capacity of components produced ranging
from 60 grams to 4 kg.

Suvarna Alloys produces shafts, plates and covers of automobile and other
industrial product. The company is producing approximately 25,000 components per
month. The company provides in house heat treatment along with short blasting and
radiology. Suvarna Alloys has a fully automated machine shop containing VMC,
CMC and GPMs and vertical drilling machines. As a result the company got ISO
9001-2000 quality certification.

3.5.12 : Arrow Metalliks

Sr.No. Name of the Company Arrow Metalliks


Factory A-21,Five Star MIDC. Kagal,

209
a Address Kolhapur, Maharashtra
Reg. Office A-21,Five Star MIDC. Kagal,
Kolhapur, Maharashtra
b Year of Establishment 2007
c Constitution Proprietorship
d Gross Turnover Rs. 07.12 Crore
e Net Profit Rs. 61.27 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 43.17 Lakhs
I Capital employed as present Rs. 02.91 Crores
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Arrow Metalliks is an ISO 9001-2008 certified manufacturers of Steel, Alloy


Steel and Stainless Steel casting. The researcher has considered work centre, nature
of the firm, size of the firm, customer base, annual turnover and financial position,
modernization of manufacturing unit, nature of raw material and variety of product
as a parameters to select a sample unit. The company is manufacturer of casting for
Mining and Earthmoving purpose. The company has deep digital pyrometer to check
and control metal temperature. The casting produces by the company ranges from 5
Kg to 350 Kg per piece. Arrow Metalliks has its own well automated machine shops
containing CNC, VMC and HMC machines with Boring machines, surface grinding
and Drilling machines for small, medium and large size also.

The company provides in house heat treatment. The products of Arrow


Metalliks are Thimble Casting for Marine application, tooth points for earthmoving
application, Flanges for Grizzly Screen, Bearing Housing heavy duty for large stone
crusher, Sprocket for Rock Drilling machine, Cylinder Casting for printing machine
equipment. Arrow Metalliks supplied it products to Thyssemkrupp, Uper Seetl,
Sandvik, JCB, Garware-Wall Ropes Ltd, Atlas Copco etc.

210
3.5.13: Shubhanzshri Industries

Sr.No. Name of the Company Shubhanzshri Industries


Factory A-100, Five Star MIDC. Kolhapur,
a Address Maharashtra.
Reg. Office A-100, Five Star MIDC. Kolhapur,
Maharashtra.
b Year of Establishment 2007
c Constitution Proprietorship
d Gross Turnover Rs. 45.41 Lakhs
e Net Profit Rs. 06.62 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 07.83 Lakhs
i Capital employed as present Rs. 13.47 Lakhs
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Shubhanzshri Industries is the manufacturer of Aluminum Gravity Die


Casting, Aluminum Pressure Die Casting, Aluminum & Zinc Die Casting products.
The researcher has considered work centre, nature of the firm, location, size of the
firm, customer base, modernization of manufacturing unit, nature of raw material and
variety of product as a parameters to select a sample unit. The company
manufactures casting for automobile industries. The company introduced in house
impregnation facility. The casting produced by the company ranges from 0.015 Kg to
01 Kg per piece of pressure die casting and gravity die casting products ranges up to
5kg per piece. Shubhanzshri Industries has its own well automated machine shops
containing CNC and VMC machines with Boring machines

The company provides in house heat treatment. The products of Shubhanzshri


Industries are Intake Manifold for automobile, Battery Box, Anchorage Muffler,
CAM shaft, Pining Housing and Piston for motor cycle.

211
3.5.14: Merasha Shapers Pvt. Ltd.

Sr.No. Name of the Company Merasha Shapers Pvt. Ltd.


Factory A-84, Five Star MIDC. Kagal,
a Address Kolhapur, Maharashtra.
Reg. Office A-84, Five Star MIDC. Kagal,
Kolhapur, Maharashtra.
b Year of Establishment 2001
c Constitution Pvt. Ltd.
d Gross Turnover Rs. 03.71 Crore
e Net Profit Rs. 24.16 Lakhs
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 13.41 Lakhs
I Capital employed as present Rs. 42.17 Lakhs
J Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source : Field Work)

Merasha Shapers Pvt. Ltd. is a manufacturing company of sheet metal press


parts and diesel and oil air filters and serving Indian Home Appliances, Automobiles,
Textiles, Electrical, Electronic, Agricultural and Mechanical Industries. The
researcher has considered work centre, nature of the firm, location, size of the firm,
customer base, modernization of manufacturing unit, nature of raw material and
variety of product as a parameters to select a sample unit. The director has received
honour of best small scale industrialist of 2002-03 from Maharashtra Govt. The
company received quality certificate ISO 9001-2008.

Merasha Shapers Pvt. Ltd. has Press Shop, Tool Room and Assembly Room
with will automotive machines like Hydraulic Press, Machine Press, Bench Grinder,
Surface Grinding, Drilling Machines, Gas Welding, Electric Welding and Spot
Welding etc. The company supplies its products to Mahindra Ugines and Steel Co.
Ltd. Pune, Videocon Industries Ltd., Aurangabad, Kirloskar Oil Engines Ltd., Pube,
Kgal and Rajkot, Galaxy Auto Axle Pvt. Ltd. Vathar.

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3.5.15: Altech Alloys India Pvt. Ltd.

Sr.No. Name of the Company Altech Alloys India Pvt. Ltd.


Factory A-83/2, Five Star MIDC. Kagal,
a Address Kolhapur, Maharashtra.
Reg. Office A-83/2, Five Star MIDC. Kagal,
Kolhapur, Maharashtra.
b Year of Establishment 2005
c Constitution Pvt. Ltd.
d Gross Turnover Rs. 19.41 Crore
e Net Profit Rs. 03.17 Crore
f Accounting System Computerized
g Independent Costing Department No
h Initial Cost of Project Rs. 02.34 Crore
i Capital employed as present Rs. 05.27 Crore
j Audit Statutory Audit, Tax Audit, Internal
Audit, Energy Audit,
(Source: Field Work)

Altech Alloys India Pvt. Ltd. is an ISO9001-2008 company. Manufacturing


Non-Ferrous Casting, Hot top shapes. The company is manufacturing Insulating and
Exothermic Sleeves required for Steel/ Cast Iron / S. G. Iron and Non Ferrous Casting
to improve yield and to avoid shrinkage related defects. The researcher has
considered work centre, nature of the firm, size of the firm, customer base, annual
turnover and financial position, modernization of manufacturing unit,
computerization, nature of raw material and variety of product as a parameters to
select a sample unit. The company also manufactures direct pour sleeves along with
Ceramic Foam Filter. The company is manufacturing Pressure Tight Aluminum
Castings by Sand Casting Process. Casting weight ranges from 0.5kg to 100kg single
piece. Gun Metal, Bronze and Copper Base Alloy Castings by Sand Casting Process
and weight of single piece ranges from 0.5kg to 25kg. The products of Altech Alloys
India Pvt. Ltd. are extensively applied in Ferrous and Non-Ferrous industries like
Auto Industries, Machinery Manufacturers etc.

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The esteemed customers of Altech Alloys India Pvt. Ltd. are Ashapura
Casting, Bharat Earth Movers Ltd, Kolhapur Steel Ltd. Kirloskar Oil Engines Ltd.,
Mantri Autocast. Sound Casting Pvt. Ltd. etc.

3.6. Conclusion

In this chapter researcher explains the profile of the sample units considered
under the present study. In the profile of the each sample unit the researcher has made
an efforts to include all information regarding that particular manufacturing unit like
name of the unit, year of establishment, nature of production, nature of ownership,
gross turnover, net profit, initial cost of the project, capital employed at present. Also
the researcher has mentioned the products produced by the unit and market where the
unit serves their product. Along with this the researcher has mentioned some
esteemed customer of the manufacturing unit. This information makes clear the exact
status of the manufacturing organization. The researcher has covered four industrial
estates with 15 samples each, with a statistical parameter and presented company
profile in tabular form with special characteristics of respective company. In the
present study the researcher has found that sample units covered having no separate
costing department even in large scale manufacturing organization. The researcher
has covered the small as well as mid size and large manufacturing organizations by
turnover mentioned in the profile of that firms. The researcher has mentioned in short
special product produced by the each sample units, also the researcher has covered the
special characteristics like export orientation, firm supplying their product to the
government like Indian Navy, and also the firms producing to serve specific business
like automobile sector or construction sector. With the help of the constitution the
researcher has classified the firm in Sole proprietorship, Partnership firm and Pvt. Ltd.
Companies and further it is explained that the firm is either foundry industry, machine
industry or fabrication industry. The researcher has covered Bharat cam industries,
Gnat foundry pvt. Ltd. Saroj foundry pvt. Ltd. Amruta industries, Marvelous
vimercati foundry pvt. Ltd. are some sample units having large scale production, fully
automated production system and export oriented.

*****

214
3.7.Reference:

1. Small Industrial Development Bank of India (SIDBI), (2012): “Cluster profile


report, Kolhapur Foundry Industry”, New Delhi, The Energy and Resource Institute,
p.1-8.

*****

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