Ludhiana, Punjab, based Vardhman Special Steels has started production of steel for forging companies of Aichi Steel Corporation based in South East Asia for some of the grades for which it has received the approvals. The sales of these products will be approximately 10,000 ton in 2023-34. It will further increase with the receipt of more approvals in next 2-3 years. Today is a momentous occasion for Vardhman Special Steels as we commence the mass production of high-quality steel for Toyota. This marks a significant milestone for our company and for India as a whole, firmly establishing our country as a leading supplier of top-tier automotive steel. As Vice Chairman and Managing Director of Vardhman Special Steels Ltd, I am proud of our team's dedication and hard work that has led us to this historic moment, says Mr. Sachit Jain Incorporated in May 2010 as a Public Limited Company, Vardhman Special Steels was vested with steel business undertaking of the parent company Vardhman Textiles Limited in 2011. VSSL is one of India's leading producers of special steels, catering to diverse requirements of Automotive, Engineering, Tractors, Bearings and Allied Industries. The Company also takes care of steel requirements of select customers for forging applications in international markets of Thailand, Taiwan, Turkey, Italy, Russia, Germany, Vietnam and Japan. Aichi Steel Corporation, a group company of Toyota Motor Corporation was established in 1934, to produce high quality alloy steel for automobiles and began R&D activities to improve the quality of steel and enhance the productivity. Aichi Steel Corporation engaged in developing materials other than steel, such as stainless steel, titanium and magnetic materials. These products are used in construction materials, including for bridges and buildings, as well as compact sensors and medical equipment. Their advanced material development capabilities and product manufacturing technologies are playing an active role in these fields. It is one of the largest alloy steel manufacturer in the world having a production capacity of more the 1.2M ton per annum
Ludhiana, Punjab, based Vardhman Special Steels has started production of steel for forging companies of Aichi Steel Corporation based in South East Asia for some of the grades for which it has received the approvals. The sales of these products will be approximately 10,000 ton in 2023-34. It will further increase with the receipt of more approvals in next 2-3 years. Today is a momentous occasion for Vardhman Special Steels as we commence the mass production of high-quality steel for Toyota. This marks a significant milestone for our company and for India as a whole, firmly establishing our country as a leading supplier of top-tier automotive steel. As Vice Chairman and Managing Director of Vardhman Special Steels Ltd, I am proud of our team's dedication and hard work that has led us to this historic moment, says Mr. Sachit Jain Incorporated in May 2010 as a Public Limited Company, Vardhman Special Steels was vested with steel business undertaking of the parent company Vardhman Textiles Limited in 2011. VSSL is one of India's leading producers of special steels, catering to diverse requirements of Automotive, Engineering, Tractors, Bearings and Allied Industries. The Company also takes care of steel requirements of select customers for forging applications in international markets of Thailand, Taiwan, Turkey, Italy, Russia, Germany, Vietnam and Japan. Aichi Steel Corporation, a group company of Toyota Motor Corporation was established in 1934, to produce high quality alloy steel for automobiles and began R&D activities to improve the quality of steel and enhance the productivity. Aichi Steel Corporation engaged in developing materials other than steel, such as stainless steel, titanium and magnetic materials. These products are used in construction materials, including for bridges and buildings, as well as compact sensors and medical equipment. Their advanced material development capabilities and product manufacturing technologies are playing an active role in these fields. It is one of the largest alloy steel manufacturer in the world having a production capacity of more the 1.2M ton per annum
