Vaswani Industries Limited

Vaswani Industries Limited is known for its production of sponge iron and steel billets/ingots, which are manufactured at its plants in Chhattisgarh. The company's sponge iron is primarily utilized as a raw material for the production of mild steel billets/ingots, while its captive power plant ensures a steady supply of electricity to the manufacturing facility. According to a credit rating report, as of March 2015, the company had a production capacity of 90,000 metric tons per annum of sponge iron and 59,400 metric tons per annum of steel billets/ingots. VIL also operates a power plant with a capacity of 11.5 megawatts, of which 9 megawatts are sold to the Chhattisgarh State Electricity Board and Lanco Electricity Utility Limited in Haryana. The remaining 2.5 megawatts are used for in-h... Read More

Vaswani Industries Limited is known for its production of sponge iron and steel billets/ingots, which are manufactured at its plants in Chhattisgarh. The company's sponge iron is primarily utilized as a raw material for the production of mild steel billets/ingots, while its captive power plant ensures a steady supply of electricity to the manufacturing facility. According to a credit rating report, as of March 2015, the company had a production capacity of 90,000 metric tons per annum of sponge iron and 59,400 metric tons per annum of steel billets/ingots. VIL also operates a power plant with a capacity of 11.5 megawatts, of which 9 megawatts are sold to the Chhattisgarh State Electricity Board and Lanco Electricity Utility Limited in Haryana. The remaining 2.5 megawatts are used for in-house production purposes. VIL is a subsidiary of the Vaswani Group, which was founded by Ravi Vaswani and Pramod Vaswani. The company was established in 2003 and has its registered office in Raipur, Chhattisgarh.Read Less

Key Info