The industrial fasteners manufacturing industry is being haunted by issues that encompasses unstable prices of raw materials and intense competition of low-cost producers in China and Taiwan. Moreover, the process of competing on price in a flooded global market presents a challenge to manufacturers who are to balance price and quality.
Furthemore, the shortage of skilled and loyal manpower is a huge internal challenge, as it affects productivity and consistency. The situation is also complicated by geopolitical issues and importation bans like BIS regulations in India. Based out of Ludhiana, Mitter Fasteners, an industry leader for 43 years, is meeting these challenges with end-to-end in-house operations, including turning to finishing, which guarantees precision in addition to cost-effectiveness. The company focuses on custom-made fasteners and uses automation to overcome the problem of manpower, and produces high-quality and high-precision products.
Offering End-to-end Solution Deliverability
Mitter Fasteners is a one-stop shop for industrial fastener manufacturing with a focus on custom-designed, high-precision fasteners and sheet metal parts. By targeting OEMs and industrial clients, the company has emerged as a trusted supply chain partner across sectors like automotive, construction, and agriculture. It offers a diverse range of products including bolts, nuts, studs, washers, and stamping parts up to 6 meters in length. They offer specialized services and solutions with close tolerances and quality which makes them stand out in a competitive world.
The company has in-house facilities to carry out the whole process of manufacturing, including the design of tools, raw material preparation, forging, heat treatment, electroplating, and finishing. Combining all of the manufacturing processes, Mitra Fasteners has implemented high-quality control and repeatability, manufacturing 60,000 pieces - 80,000 pieces per day for a few items with 0 PPM.
The company has demonstrated its innovation through the use of lightweight, high-strength material and coating processes using zinc plating and zinc aluminium flake (Geomet (R)) coating to serve the sectors of automotive and renewable energy. The company also provides a basket of products; this allows the clients to reduce their number of vendors, which increases efficiency in supply chains and ensures the longevity of the relationship.
“By focusing on high-precision, custom-made fasteners and bringing all processes in-house, we deliver reliable, repeatable quality that builds trust with our customers”, says Samparn Sahan, Director, Mitter Fasteners. This performance oriented mindset has cemented their tie ups with the key OEMs such as Ashok Leyland and Mahindra.
Setting Sights on Strategic Expansion
Mitter Fasteners started as a small company that worked on producing a washer, which is a small metallic piece that transfers load between parts. The company has risen to become one of the most reputable brands in the industrial fasteners industry in the last 43 years based on innovation, quality and the trust of its customers.
Looking into the future, the company is charting for a strategic growth path. In the short-term, automation is one of the ways the company wants to increase its productivity and solve the problems associated with manpower, including high turnover and little multitasking ability. The long term ones involve producing large assemblies and line critical parts to satisfy the changing demands of the industry.
By focusing on high-precision, custom-made fasteners and bringing all processes in-house, we deliver reliable, repeatable quality that builds trust with our customers
Mitter Fasteners is also considering signing business deals with Japanese and American companies to broaden its business in India and other parts of the world. The recent Tamil Nadu expansion and proposed warehousing in Maharashtra, Jharkhand, and Madhya Pradesh are all going to allow having just-in-time supply.
The company is focusing more on in-house processes to lead to tonnage, overhead reduction, and profitability. As it stands, with international partnerships and further automations in place, it becomes clear that the company remains a well-established partner in the fastener industry.
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