Our Subsidiaries
Our subsidiaries provide further diversification and value addition to our business model. Our subsidiaries carry on the business activities as under
Innoventive Americas, Inc.(“IAI”)
- IAI is incorporated in the United States of America (USA) and is Wholly Owned Subsidiary (100%) of Innoventive Industries Limited (IIL)
- Through IAI, IIL has partnered (owning substantial stake) with a significant player in the steel tube industry of USA thereby achieving forward integration and strengthening its international position in the niche category.
Sankalp Engineering & Services Pvt. Ltd. Forgings Private Limited (“Sankalp Engineering & Services Pvt. Ltd.” or “SFPL”)
- Fully machined, ready to assemble parts such as machined tubing, coupling, casing couplings, pup joints, cross overs etc., which are used in oil rigs/ oil wells
- Open die and closed die forgings, castings used in precision engineering components, oil fields and automobile components
Key Products
Couplings (tubing/casing), Pup Joints, Gear blanks, Axle Shafts, Hubs, Rollers, Cross Forgings, Rotors For more information about Sankalp Engineering & Services Pvt. Ltd., please visit www.sankalpforge.com
Saicon Steels Pvt. Ltd. Steel Private Limited (“Saicon Steels Pvt. Ltd.” or “SSPL”)
- converting Hot Rolled steel coils to Cold Rolled Coils and selling the finished product to diverse industries for various applications
- manufacturing and selling laminates and stampings, primarily to electrical industries
Key Products
Cold rolled steel sheets and strips
Arihant Steel and Metal Wires Private Limited (“ASMWPL”)
- It is engaged in manufacturing of steel wires using steel scrap generated in our various manufacturing plants
Key Products
MS Wires