Alicon Castalloy Limited
Alicon Castalloy Limited is a medium-sized public company in the Mechanical or Industrial Engineering industry, headquartered in Pune, Maharashtra, India, specializing in high-complexity aluminum components with a global footprint across India and Europe.
Company Overview
Alicon Castalloy Limited is a public company operating in the Mechanical or Industrial Engineering industry. With a team size of 287, it is classified as a medium-sized business. The company is headquartered in Pune, Maharashtra, India, and has a global footprint across India and Europe. Alicon Castalloy Limited is recognized as one of India's largest aluminum casting foundries, specializing in high-complexity aluminum components.
Products and Services
Alicon Castalloy Limited offers full-system solutions across the entire value chain, providing bespoke solutions tailored to client needs. The company has developed aluminum alloy wheels for the Indian Defence Ministry's Russian Battle Tank and supplies components for critical braking systems to the German Railway Ministry. Additionally, it has created Li-on big battery housing for a European OEM supplier and partners with Ather Energy for components in India's first Intelligent Electric Scooter.
Sustainability Initiatives
Alicon Castalloy Limited places a strong emphasis on sustainability and environmental initiatives. The company has implemented rooftop solar technology to power its plants, contributing to its commitment to reducing its carbon footprint. Furthermore, it engages in corporate social responsibility programs that focus on rural development, education, and sports, reflecting its dedication to community welfare.
Infrastructure and Expertise
The company boasts a robust infrastructure that includes Technology Centres, Quality & Testing Labs, Tool Manufacturing, and Sub-assembly lines. With 49 years of group expertise, Alicon Castalloy Limited has a team of 200 engineers dedicated to driving product quality. It is also recognized as a pioneer of the Pie-system for Low Pressure Die Casting, showcasing its innovative capabilities in the industry.
Market Presence and Growth
Alicon Castalloy Limited maintains a steady compound annual growth rate (CAGR) of 20% year-on-year. The company has a significant presence in the automotive sector, supplying components to major original equipment manufacturers (OEMs). Group sales exceed Rs. 1,400 crores, highlighting its strong market position and operational success.