Fabrication, no matter how manufacturing it takes is still considered as a service industry and will remain to be so. The fabrication of material handling equipment is a complex one and not many service providers are able to perform up to the mark in this sector. It is difficult to build a name in this sector as it requires expertise in design, development and delivery which cannot be perfectly delivered by many. On top of that, owing to the GST implementations, a lot of business that was handled illegally can be taken care of anymore. Many players in this industry, especially the small scale players are trying to make their way out of the industry while the old and established ones are trying to expand business perspectives and cater to more sectors of the business ecosystem.
I FABS is based out of Maharashtra has been one of the prominent providers of fabrications services, especially in the material handling domain. It has its primary business in the city of Pune, where it has been able to cater to 150 clients in the automotive industry. “Our clients trust us because we are able to provide turnkey solutions and not solutions in fragments. We are able to develop to idea from a basic stage of design all the way towards manufacturing and final delivery of the product on time,” says Santosh Anant Mhatre, Founder, New Mhatre Fabrication & Engineering.
Innovative Metal Forming , fabrication and welding capabilities
I FABS approaches every opportunity with the goal of providing its customers with solutions that reduce lead-times and improve quality, since its inception in September 2010. Within just two years of inception, the company scaled to a be pioneer sheet metal fabricator. Their vast range of welding and metal fabrication capabilities can help customers obtain the desired results and ultimately increase their bottom lines. They have immense experience of meeting customer’s needs by utilizing innovative manufacturing
processes and fabrication and welding capabilities by catering to customised concepts in fabrication.
The Director Mr B Prashant states, “We are not just a supplier; we are an extension of your success”. This philosophy is the core value of our company and the foundation of our business relationships with customers.
We strive to provide our present and future customers with the opportunity to have one source for all their needs. We have a wide range of innovative fabrication and welding capabilities as any company in the industry. It is our responsibility to protect the environment as we conduct our business. We have the knowledge, skills and equipment to conduct our work in a safe and environmentally responsible manner.”
B Prashant, Director
Basis the speciality painting or Powder coating facility developed by I FABS , it is expected to have few more innovations in the metal forming and painting industry to have the new era to look back as an extended industry to support the OEM .
Our clients trust us because we are able to provide turnkey solutions and not solutions in fragments. We are able to develop to idea from a basic stage of design all the way towards manufacturing and final delivery of the product on time
Bright Future ahead
The company has it’s primary service unit at Pune from where it handles all its operations. It has prominent clients in the automotive sector and is concentrating on catering to several other sectors. I FABs has been a name in Metal Forming , Since its inception in 2010. And now I FABS has been a name in Battery sector to have casings for Batteries be it in Industrial battery or an automotive battery or an Electric battery. The future needs to be build on its own. The company Director Says, IFABS would eb a solution provider to the needs of a customer and not only a service provider. We would like to have delighted Customers for our long term relationship. I FABS has been able to achieve total revenue of 8 Crore in INR and is hoping to achieve net revenue of 25 Crore in INR by the end of the next financial year. Speaking about the future plans of the company, the Director concludes, “We are in the process of adding new machinery like Laser cutting and CNC press brake to our service range so that we can make the business more viable.”