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The Vardhman Group has always emphasized on total customer focus in all
operational areas. It has continuously monitored and nurtured relationships
with all customers and business associates. Vardhman believes in
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S.P. Oswal
Chairman & Managing
Director
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Absolute market
orientation for a quick and positive response to the customer's
needs.
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| An uncompromising
commitment to a flexible, professional and personalized service from
within a stimulating result-oriented environment. |
| Delivery to a
consistent standard, competitively and meeting deadlines.
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| Responsive approach
to the benefits of R&D and modern technology. |
| Having
faith in individual potential and respect for human values.
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| Being a responsible
corporate citizen with due respect to the laws of the land and its
environment. |
These values
underlie the corporate philosophy that has shaped Vardhman of yesterday
into the Vardhman of today and which will continue to guide it in the
21st century.
Vardhman Special Steels
A humble
beginning in Special and Alloy Steels
It was Vardhman Group's faith in the economy of the country, specifically
in core industrial sector that initiated the Group's venture into the
steel industry. The story of Vardhman Special Steels began way back in
the year 1972 with the commissioning of Oswal Steels at Faridabad to manufacture
Special & Alloy Steels, with an initial capacity of 50,000 Metric tonnes
per annum.
1986 was the turning point in the history of Vardhman Special Steels.
The Company acquired another plant at Ludhiana, which was later upgraded
with the latest state-of-the-art technology to an installed capacity of
1,00,000 Metric tonnes per annum.
The economic scenario in India underwent a major change. Increased liberalization
opened up the economy and many new automobile manufacturers entered the
field. This created a large demand for good quality special and alloy
steels at competitive prices. In order to meet the stringent quality requirements
of the global players, an ultra modern Steel Melting Shop comprising of
a 30 ton UHP Electric Arc Furnace and a 9/16 meter Bloom Caster with Electromagnetic
Stirrer were installed in 1995. A Vaccum Degassing System capable of reaching
a vacuum of less than 1.0 milibar was commissioned in the year 2000.
Engineered for
the future
Vardhman Special Steels incorporates
some of the most advanced manufacturing facilities with equally reliable
support facilities.
The plant has well conceived layout plan with modern material handling
facilities-all designed for economic processing of materials and human
skills. Vardhman's ability to adopt changes in technology is evident in
its extensive use of automation and contemporary concepts.
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