Kirloskar Ferrous Industries Ltd

Kirloskar Ferrous Industries Limited (KFIL) was incorporated on September 10, 1991, a flagship Company of Kirloskar Group, promoted by Kirloskar Oil Engines Limited and Shivaji Works Limited. Shivaji Works Limited subsequently merged with Kirloskar Oil Engines Limited. The erstwhile company, Kirloskar Oil Engines Limited now changed its name to Kirloskar Industries Limited.

The Company is a pioneer in manufacturing of iron casting products. It is a market leader in India for manufacturing critical and intricate grey iron castings and quality pig iron. This is the only company in Asia with an integrated business model of mines to machined castings. At present, the Company is the subsidiary of Kirloskar Industries Limited. Presently, it is having manufacturing facilities, at Koppal District and Chitradurga district in Karnataka State and at Solapur, Ahmednagar, Baramati and Jejuri in Maharashtra State.

KFIL had entered into a technical collaboration with M/s. Tata Kort Engineering Services Ltd in March of the year 1992 for its business purpose. The Company's commercial production of Pig Iron from Mini Blast Furnace I and 3.5 MW Power Plant-1, using Blast Furnace Gas were started in the year 1994 and in the identical year, KFIL had issued Initial Public Offer. The commercial production of Grey Iron castings came to line in the year of 1995. In the same year of 1995, KFIL had started to produce Mini Blast Furnace II. The company had obtained an ISO 9002 certification. The Company's 3.5 MW Power Plant-2 was installed in the year of 1997. In 1997, Turbo Generator II was taken on lease with a capacity for the generation of 3.5 MW of power using Blast Furnace Gas. TG - II was taken on lease. After a year in 1998, the company started supply of TG power to foundry.

During the period of 1999-2000, KFIL had entered into a long term contract for pig iron with an institutional buyer and also secured a sales tax exemption for further two years. During the year 2000, th