Magazine
Fasteners industry has always been evolving with new and innovative type of fasteners being adopted by industry for better results and at lower cost. Specialty screws like Trilobular screws, PT thread screws, Hexolobular Head screws, Clinching Studs & Nuts etc are met with high demands in the Indian Markets. Headquartered in Hyderabad, Swastik Fasteners has very efficiently adopted the technology & machines to make such screws and are creating a niche in the Fasteners Industry. "We are currently making all the above mentioned types of specialty screws in high precision and exact dimensions with which they give best results at highly competitive rates." - Vimal.
Established in 1970 by the visionary Shri Banwari Lal Aasat & his Bros, Swastik Fasteners still carries a legacy of providing Fasteners of Highest Quality only. Later, it was successfully lead by his Son Late Shri Vijay Kumar Aasat who had taken this company to new heights. Currently, this firm is spearheaded by CEO Vimal Kumar Aasat. Under his leadership, Swastik has been following the same principle of uncompromised quality. There are various factors involved in maintaining high standards in product quality.
Swastik Fasteners has a holistic approach towards quality management. “We understand the basic needs of our customer and the same is been communicated to all our staff and workers effectively so that they understand exactly what is the expectations on quality and other parameters and try to deliver more than that to create high level of Customer satisfaction”, says Vimal.
Swastik Fasteners boast about very prominent companies as its esteemed customers such as L&T, Legrand, Schneider, ABB, TVS Motors, IFB Automotive and many more. Swastik has various Quality equipments in its Quality Lab, wherein every product is run through various tests and only after the approval from Quality department, is allowed for production and dispatch. Proper systems, Trackers & Reports, ISO documents, PPAP, FMEA, and Control Plans are strictly maintained to ensure there is no deviation in quality standards.
Swastik’s manufacturing size range is from M1.6 to M8 in machine screws and #2 to #14 in Self Tapping Screws with Length up to 75mm in MS, SS & Hi-tensile material. Apart from the regular types of screws such as Pan head, Cheese head, Flat head etc, Swastik is making special screws which are newly getting adapted in the industry such as Trilobular screws, Hexolobular Screws, PT thread screws etc. Swastik has latest high speed cold forging machines for making screws and rivets. The firm also has a special 4 station Cold forging machine with a capacity of upto M8 and length upto 75mm.
This machine enables Swastik in making special components for Automotive industries. For Hi-Tensile bolts & screws, Swastik has in-house 2 Furnaces - Mess belt continuous furnace for through hardening and Rotary Furnace for Case Hardening of self-tapping screws. Swastik’s Quality department houses all the equipments for inspection purpose such as Profile Projector, Microns Thickness tester, Digital Vernier, Digital Micrometer, Rockwell hardness tester, Torque testers, and SST chamber etc.
Swastik realizes the potential demand for Fasteners and intends to capitalize on this opportunity by increasing its capacity and becoming future ready
Swastik’s key strength is its workforce. Majority of Operators, Supervisors and Managers are very old in the organization and are highly skilled in cold forging process. Some of them are with Swastik for over 30 years. Overall, the firm has complete infrastructure and skilled manpower that serves as the pivotal factor for remaining the best in the Industry.
Scaling up for the Future
With the Make in India wave sweeping across the country touching every manufacturing segment, Swastik realizes the potential demand for Fasteners and intends to capitalize on this opportunity by increasing its capacity and becoming future ready. Under Vimal’s leadership, Swastik is seriously considering expanding into automotive sector, especially in the emerging Electric vehicle segment and also looking for export opportunities. “Fasteners are common items which are used in almost all types of industries. So, it has a wide range and reach. It touches everybody's life in one way or the other everyday”, concludes Vimal.
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