ISGEC is one of the leading Engineering Company in India. The group has a sales turnover of USD 500 million across 7 business units, namely- Process Plant Equipment, Presses, Iron & Steel Casting, Boilers, EPC (Power & Sugar plants), Sugar Machinery, Trading (Machine Tools).
The group has grown @ 40% CAGR in the last 5 years or so.
ISGEC products & solutions have been delivered to reputed Companies in more than 70 countries.
The ISGEC Group had its origin in 1933 in the sugar industry and later diversified into a range of engineering products. In 1964 it established a joint venture with John Thompson of UK to form ISGEC John Thompson. which later got merged in to the parent company. Isgec Heavy Engineering Limited is the flagship public listed company of the group.
The turnkey solutions business unit of the group caters to providing turnkey solutions for Sugar, Industrial Boilers and Power Plants. The group has recently tied up with Foster Wheelers to penetrate in to super critical Boiler (up to 1000 mw) market.The group also has tie up with major global PED players like Hitachi Zosen & Balleli.
The Steel Casting unit UP Steels is the 3rd largest engineered casting company in India. ISGEC presses are one of the most preferred presses used by Automobile players in India. The group is leader in press manufacturing in India and is one of the top 5 Global player as well. Company is India's 3rd largest process plant equipment manufacturer afetr L&T and Godrej.