GARG INOX LTD.
Metal wire
Company Overview and History
Bansal Wire Industries Ltd. (BWIL), originating from the Bansal Group's trading business established in 1938, has grown into a prominent steel wire manufacturer. The company is recognized as India's largest stainless steel wire manufacturer and the second-largest overall steel wire manufacturer by volume. In Fiscal 2023, BWIL reported production volumes of 72,176 MTPA for stainless steel wire and 206,466 MTPA for steel wire. The business operates on a 'Cost Plus model' to manage commodity price fluctuations and has a diversified customer base of over 5,000 clients across various sectors. This strategic approach ensures a resilient business model by preventing over-reliance on any single customer or market segment. The company's leadership benefits from three generations of experience within the steel wire manufacturing industry.
Extensive Product Portfolio
BWIL offers an extensive product portfolio comprising over 3,000 Stock Keeping Units (SKUs), making it one of the most comprehensive in India. Their wires range in size from 0.04 mm to 15.65 mm, catering to a wide array of industrial applications. Key product categories include Stainless Steel Wires (available in various grades and finishes for cold heading, springs, welding, kitchenware, ropes, and fine wire applications), High Carbon Wires (utilized in spring steel, wire ropes, and automotive control cables), and Mild Steel Wires (used for cable armor, fencing, binding, and general engineering purposes). The company also manufactures Galvanized Iron (GI) Wires using both Hot Dip and Electro-Galvanized technologies, Cable Armouring Wires & Strips, Aluminum Alloy Welding Wires, Copper Coated Aluminum Magnesium Wire (CCAMW), Copper Coated Steel Wire (CCS), Insect Guard, Barbed Wire, Wire Rope, and Shaped/Profile Wires for specialized uses.
Manufacturing Capabilities and Global Reach
Bansal Wire Industries Ltd. operates four manufacturing facilities across India and is in the process of establishing one of Asia's largest single-location steel wire manufacturing facilities in Dadri. The company's commitment to quality is evidenced by its ISO 9001:2015, ISO 14001:2015, IATF:16949:2016, and IS 6528:1995 certifications. BWIL maintains a pan-India presence and extends its reach globally, exporting products to over 50 countries. The company's flexible product mix and plant capabilities allow for efficient adaptation to changing industry demands, supported by a consistent track record of generating operating profits.
