A Vision Takes Shape
The Bagadia family enters the transformer lamination manufacturing field in Mumbai, sowing the seeds for future growth.
1971A Vision Takes Shape
Establishing the Foundation
Under Mr. Harshad N. Bagadia’s leadership, a dedicated operation launches in Vadodara, marking a significant step toward scaled production.
1979Establishing the Foundation
Strengthening Core Capabilities
Upgrades manufacturing lines to significantly increase output, meeting heightened market demand for transformer laminations.
1994Strengthening Core Capabilities
Advanced Production Setup
Incorporates new slitting and cutting facilities enabling lamination manufacturing up to 20 MVA, fueling further market expansion.
1995Advanced Production Setup
Diversification & Innovation
Introduces Toroidal and Wound Cores to its product range, solidifying a reputation for technological leadership in the industry.
2007Diversification & Innovation
CNC Precision Edge
Deploys advanced CNC slitting technology, boosting precision and productivity while setting higher quality benchmarks.
2011CNC Precision Edge
Global Horizons
Installs CNC Cut-to-Length machinery to cater to global demands; forays into overseas markets and showcases in Africa.
2013Global Horizons
Automation at Scale
Ramps up lamination manufacturing capacity to 50 MVA and begins offering assembled cores to serve broader transformer needs.
2014Automation at Scale
Capacity Surge & Export Breakthrough
Elevates annual production from 3,600 MT to 6,000 MT, driven by strong export growth and multinational approvals.
2016–17Capacity Surge & Export Breakthrough
Private Limited Transformation
Evolves into Elec Steel Processing Industries Private Limited, reflecting robust market traction and strategic growth plans.
2022Private Limited Transformation
Rapid Scale-Up
Triples sales volumes, invests in state-of-the-art CNC systems, and expands manufacturing capabilities to serve growing global demand.
2023Rapid Scale-Up
Public Limited Era
Rebrands as Elec Steel Processing Industries Limited, positioning the Company for greater market reach and corporate excellence.
2024