IMARC Group predicts that the metal casting industry would develop at a compound annual growth rate (CAGR) of 7.4 percent from 2023 to 2028, reaching $236.7 billion. The rising usage of metal casting in pipes and fittings, mining and oilfield equipment, internal combustion engines, railroads, valves, farm equipment, and the production of light cars worldwide is what is essentially driving the global market. To fulfil the growing market need, Southern Alloy Foundries was established with the intention of providing cutting-edge solutions to guarantee client satisfaction.
S Thiagharajan, the current Chairman of Southern Alloy Foundries, who is regarded as the ‘Father of Ductile Iron’ in India, founded Southern Alloy Foundries in the year 1959. The firm, a six-decade-old foundry with a focus on the production of Ductile Iron (S G Iron) and Grey Iron Castings, is attempting to push the limits of innovation in the sector. “Since 1959, we have maintained a leading position in our sector owing to innovations like the Magma Solidification Simulation Software, the ARL Spectrometer, and the Fast Loop Line Resin Sand Moulding Line. We seek to maintain this position by regularly conducting tests, utilizing the most advanced tools and adapting our technology to the market's constant change.
Our consumers can attest to the quality of our products as we have always placed a strong emphasis on it”, speaks Kandaswamy T, Director, Southern Alloy Foundries. Southern Alloy Foundries is willing to make product improvements since it acknowledges that change is a constant and must be met to satisfy customers. The firm is able to pursue the global ductile iron casting market due to its premium product quality, extremely competitive pricing, and extensive distribution and marketing network. When it comes to manufacturing a casting, Southern Alloy Foundries believes that theory and practice are interchangeable. “We have a remarkable library with more than 3000 technical publications on ductile iron (S G iron) and grey iron castings, totaling more than Rs.50 lakhs, and we have the best testing tools in the world as well as the best simulation software, called Magma”, says Kandaswamy. Southern Alloy Foundries can compete with any industrialized nation on the planet in terms of facilities.
Southern Alloy Foundries has the skilled manpower, advanced equipment, and innovative procedures necessary to produce highly accurate and detailed SG Iron (Ductile Iron) Castings. The company exploits its capacity for quick development, its adaptable manufacturing strategy, and its auxiliary infrastructure to address the production challenges. Southern Alloy Foundries is one of the very few, if not the only, foundries still in business after 60 years that has maintained a financially responsible growth rate. “Today, the Third Generation has taken over, and the business is being run entirely professionally, just as our founder originally intended. Our customers typically come to us when they need a complex, high-tech part manufactured, and we work to produce it for them when no other manufacturer has been able to do so”, shares Kandaswamy.
Southern alloy foundries is willing to make product improvements since it acknowledges that change is a constant and must be met to satisfy customers
The business has developed a well-thought-out long-term growth strategy that will require an investment of roughly Rs.150 crores. “As part of our initiatives to reduce production costs and our carbon impact, we have put into operation a 1.5 MW solar power plant. We are also building a brand-new, cutting-edge foundry close to Chennai, Tamil Nadu, to produce 9000 tonnes of iron castings; it will be operational by the beginning of 2024”, signs off Kandaswamy.