1984 – Incorporated as Bhagwati Steel Rolling Mills Pvt. Ltd. (now Bhagwati Steel Cast Pvt. Ltd. [BSCPL]), the Bhagwati Group traces its roots nearly 3 decades back when it was born with the commissioning of a Steel Rolling Mill at Guwahati, Assam. The mill produced Steel Reinforcement Bars and had a 12,000 MTPA manufacturing capacity.
1987 – The next defining milestone for the Group was a backward integration project in (again in Guwahati) where we set up an M S Ingots manufacturing unit which was subsequently scaled up to cater to the entire requirement of the steel rolling mill.
1997 – Having established its presence in East India, the Group later shifted its attention towards the West, setting up an Induction Furnace unit for manufacturing of M. S. Ingots in the Sinnar MIDC Industrial Area (Nashik District). The manufacturing of M. S. Ingots was later discontinued as we upgraded to manufacturing M. S. Billets. We repeatedly expanded the capacity of billet manufacturing to its present-day capacity of 1,00,000 MTPA. Further, we diversified our manufacturing operations at Sinnar, setting up a 1,09,000 MTPA capacity of manufacturing Thermo Mechanically Treated (TMT) Steel Bars using the internationally acclaimed ‘Tempcore’ technology of CRM, Belgium. Today, we are directly rolling 100% of the M.S. Billet we manufacture to produce TMT bars, to achieve substantial energy saving and cost control as well as gaining a commercial edge over our competition.
2012 – We further increased our billets manufacturing capacity by commissioning a new unit at Sinnar with a 1,50,000 MTPA under our subsidiary (Bhagwati Ferro Metal Pvt. Ltd.).
2021 – Buoyed by the successes that the Group has been able to achieve so far, the newly added billet manufacturing unit was
converted into a TMT bar manufacturing facility with an equivalent capacity through forward integration. This has
allowed the Group to be able to unlock full value across the manufacturing chain.
Under the charismatic leadership of Sri Mahendra Kumar Agarwal, the CMD, Bhagwati Group has witnessed new horizons of excellence. With more than four decades of core experience in the Iron and Steel industry, Mr. Agarwal has been instrumental in charting the course of his boat in the right direction. He is now joined by his sons, Sri Amit Burakia and Sri Anuj Agarwal who have assumed a fundamental role, especially for group ventures aiming for all-round diversification.
Going from strength to strength, today, we are a 800-member-strong team. What drives us is our ability to identify growth opportunities amid changing demand dynamics and being able to adapt to highly regulated markets. But beyond business, we are committed to maintaining the highest standards of ethics and institutional integrity. Our manufacturing is compliant with ISO:9001 and 14001, IS 1786 and 2830 standards. We hope to be one of the most competitive players within the industry, while focusing on maximizing operational efficiency and quality of finished goods.
We are confident that our zeal for excellence and hunger for growth will see us scale newer heights in the times to come.
Strength
Our strength lies in our committed workforce, integrity and power of leadership. Today, Bhagwati group is home to more than 500 men and women committed to one common cause.
Producing over 250000 metric tonnes of TMT/QST bars annually
Producing over 200000 MT of Billets for captive consumption
Possessing global patent “Thermax” trademark from HSE, Gemany
Possessing global patent “Tempcore” trademark from CRM,Belgium
Only group to have both the patented technology
Meeting all the global standards.
Exporting to various countries of the globe
Most modernised plants in western region
