Sandvik AB
Sandvik is a global industrial group with advanced products and world-leading positions in selected areas ? tools for metal cutting, machinery and tools for rock excavation, stainless materials, special alloys, metallic and ceramic resistance materials as well as process systems and sorting systems. The Group has 42,000 employees and representation in 130 countries, with annual sales of approximately USD 8 Billion.

Pune
Sandvik Asia Ltd, commenced its operations at Pune in 1960, as a subsidiary of the Swedish Company, Sandvik AB and as a maiden venture in Asian continent.It has 1700 employees working in India.

Sandvik Business Areas are:
(1) Materials Technology: Dealing with speciality stainless steels and alloys for petro-chemical, fertilizer, nuclear power and other advanced applications including heating elements from Kanthal and medical implants.(

2)Tooling: World leading brands of Coromant, Walter, Prototype, Titex, Valenite, Dormer, Precision Drills etc. of cemented carbide and high speed steel metal cutting and metal forming tools constitute this group.

(3)Mining & Construction: Rock Drilling and Rock Crushing Machinery,Haulers, Loaders and other large material handling equipment, and Rock Drilling & Cutting tools cover the product range of this business area.

Sandvik Asia Ltd. has been marketing the above assortment of products in the Indian market and has also built manufacturing bases in 5 factories at Pune(Cemented Carbide & HSS Tools,Rock Tools,Rock Processing Equipment,Design Centre for Material Handling), Mehsana(Stainless Steel Extruded Tubes), Hosur(Kanthal Heating elements), Hyderabad(Rock Tools) and Chiplun(Cobalt Powder,).Some of these products are manufactured at Export Oriented Units established for global sourcing for Sandvik Group-including two units for Tooling Supply.The factories of Sandvik Asia Ltd are equipped with state of the art machinery and have ISO 9001 and 14000systems functioning.ISO 18001(Occupational Safety and Health) system has also been implementated recently and integrated with the operating ISO 14000 system.

- Sandvik Asia Limited has been ranked as number 1 in the Industrial comparison and number 3 amongst ?Transitioning Medium Enterprises? in the survey research undertaken by Citigroup

- Sandvik Asia has been awarded FIRST amongst Fastest Growing Equipment Instrumentation Companies in India as per CONSTRUCTION WORLD

? NICMAR study for the year 2005-06. Sandvik Asia has won this award for the second time in succession.

- Business World Magazine-July, 2007 has ranked Sandvik as Number 32 amongst 100 in revenue and Number 3 in returns.

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