The SRC Group of Companies
it’s journey 3 decades ago with M/s
SRC Steels Pvt. Ltd.
The Company had been trading in Iron
& Steel products of various grades. Sri
Ramesh Chander Agarwala
aged about 55 years and founder of
the group has a vast experience of more than 30 years in trading
of Iron & Steel.
The Group Company
SRC Udyog Ltd.
(formarly: SRC Vyapaar Pvt. Ltd.) is the
largest MOU customer of SAIL products in Eastern India. His son
,Shri Pankaj Lohariwal
, an agile and
painstaking entrepreneur , joined the business in the year 1998.
He is looking after day to day operations of the Group Companies.
The turnover of the group has increased many fold since he joined
in business (from Rs.10 Millions in 1998 to Rs.5000 Millions in
The Directors are aware that with the liberalization of the iron
and steel sector of the country, the industry is rapidly moving
towards world-best technology, which will result in fewer carbon
emissions and more efficient energy use in existing and future plants.
Further, the production in the iron and steel sector has been increasing
over the last 25 years.
To en-cash the opportunities in view of the demand – supply
gap, the Directors have set up facilities for manufacturing M.S.Ingot
through Induction Furnace Technology at Mejhia, Dist.-Bankura (W.B.).
Subsequently, Re Rolling plant was set up at the same location for
manufacturing structural products (200tpd.) The Flats, Angles etc.
manufactured by the Company (up to 500 mm range) are quality wise
one of the best products in Eastern India. VSS
is an ISO-9001-2008
it’s product are ISI
certified. The promoters have successfully implemented a project
or manufacturing Ferro Alloys at Mejhia, Bankura (W.B.) of 21,500
Non conventional and Renewable Energy is another
area, the Directors are pursuing. The group have already made investments
in a Hydroelectric project at Darjeeling. Proposal for investment
in power generation through Wind Turbines in Tamil Nadu is being
* SRC Metalicks Pvt. Ltd. (Formarly
: VSS Electrocast Pvt. Ltd.), incorporated in June,2004 is having
manufacturing facility at Mejia, Bankura (W.B.)
for making steel ingots of capacity 30,000 MTPA and rolled structural
products of 60,000 MTPA up to 500 mm category. The Company have
undertaken project for upgrading of the Induction Furnace route
by manufacturing billets instead of ingots by setting up 6 x 11
m continuous caster ( Concast). The
products enjoy BIS
and CE certification. The
Company, also obtained ISO 9001:2008
* In Non Conventional & Renewable Energy
sector, the Group Company have already made investment in a Hydro
Power Project of capacity 3.6 MW at Darjeeling and harnessing
of Wind Energy is under active consideration.
* SRC Udyog Limited
(formerly SRC Vyapaar Pvt.Ltd.) incorporated in August,2002 are
having a modern de-coiling facility. The Company are , at present,
one of the largest MOU customer of SAIL
products in eastern India. The product rages include HR Coils,chequred
Coils, HR plates/chequred plate (cut to size as per specification
up to thickness of 32 mm) products. The Company have successfully
implemented a project for manufacturing Ferro Alloys in February,2009.
We are actively considering to double capacity of it’s Ferro
Alloy Plant by 2011. Therefore, acquisition of mining rights
for extraction of Manganese ores within the country or foreign venture
in South –East Asia(Australia, Singapore, Philippines etc.)
is being considered as a part of ‘Backward- Integration Process’.