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Price Table

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Key Data
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Profile

AIA Engineering Ltd. is a leading manufacturer of high chromium wear, corrosion and abrasion resistant castings used in the mining, quarrying, and mineral processing industries. The company was founded in the year 1999 and is headquartered in Ahmedabad, India.

In terms of financials, the company has shown steady growth over the years with revenue increasing from INR 4,741 crore in FY2018 to INR 5,587 crore in FY2020. It has a strong presence in the Indian market and exports to over 60 countries across the globe.

AIA Engineering Ltd. operates in the casting and grinding media industry and some of its major competitors include Magotteaux, Donhad Pty Ltd, and TOYO Grinding Ball Co., Ltd.

SWOT analysis of AIA Engineering Ltd:

  • Strengths: Strong brand recognition, high-quality products, and established presence in the market.
  • Weaknesses: Dependence on a few major customers, intense competition in the industry.
  • Opportunities: Growing demand for wear-resistant castings, expansion into new geographies.
  • Threats: Volatility in raw material prices, economic slowdown in key markets, increasing competition.

 

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