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Our Product Range
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Profile
Our modern manufacturing facility to produce plastic bonded permanent magnets was set up in 1993. The company was an Indo-German Joint Venture till Nov, 1999. Consequent to the acquisition of equity shares by the German promoter, our company was a Subsidiary of Max Baermann Holding AG, Germany. ** till 30.09.2010.
- Flexible Magnets
- Permanent Magnets
- Magnetic Strips
- Magnets (with self adhesive tape)
- Magnets (for modern bookmarks)
- Refrigerator Magnets
- Business Cards Magnets
- Injection Molded Magnets
- Magnets (for sensors)
- Magnets (for gauges)
Indian promoter has acquired 100% equity shares from M/s. Max Baermann Holding AG and Mr. Horst Baermann, Germany, with effect from 01.10.2010.
The manufacturing facility to produce plastic bonded permanent magnets will continue as it is.
MTI has its own Quality Assurance Laboratory comprising, inter alia, permagraph (B-H curve tracer), computerized measurement devices to measure magnetic surface induction and flux densities in plain and round magnets at different air gaps.
With the set-up of our new plant here in Pune, India in 1992 we can provide specific customer (order customized) solutions. The excellent quality and outstanding piece-to-piece uniformity of our production comply with highest international standards. Our company is certified according to ISO 9001:2008.
From idea to serial production stage, the magnets are developed by Research & Development, Design & Engineering and Quality Assurance in close cooperation with our customers and in accordance with their specifications and requirements.
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 | Company Profile |  |
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Basic Information Business Type
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 | - Max Balermann Genbh, Germany
- Precod Limited, Coimbatore, Tamil Nadu
- Minda Industries Limited, Pune, Maharashtra
| Industry | Industrial Magnets | Registered Address
 | B-4, Functional Electronic Estate, M. I. D. C. Bhosari, Pune - 411 026, Maharashtra |
Ownership & Capital Year of Establishment
 | 1991 | Legal Status of Firm
 | Private Ltd. Co. Registered under Indian Companies Act 1956 | Proprietor Name | Mr. Arvind Gagare |
Trade & Market Major Markets
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Infrastructure Location Type
 | Urban | Building Infrastructure
 | Permanent | Size of Premises
 | nil | Team & Staff Total Number of Employees
 | 26 to 50 People |
Statutory Profile
Income Tax Registration No. | AAACM9011C | Tax Identification No. | 27870142593 | Central Sales Tax No. | 27870142593C | Import Export Code | 0392019167 | Excise Registration No. | AAACM9011C XM 001 | Banker | IDBI Bank | Banker | State Bank of India | Registration Authority | Registrar of Companies, Mumbai | Registration No. | U99999MH1991PTC063433
| Value Added Tax Registration No. | 27870142593 V
| Service Tax Registration No. | AAACM9011CST001
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Certification & MembershipCertification Name: International Organization for Standardization Certification Type: ISO 9001 : 2008 |
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We are also looking forward to increase our production capacity by 100% within six months and establish an in-house tool cell. To maintain our competitiveness, we regard quality as our prime focus and plan to reach single-digit PPM levels of rejection in the next three years. |

We are among the leading manufacturer, exporter and supplier of industrial magnets. Our wide range of products includes Flexible magnets, Permanent magnets, Magnetic strips, Magnets (with self adhesive tape), Magnets (for modern bookmarks), Fridge Magnets, Magnetic Name Cards, Injection Moulded Magnets, Magnets (for sensors) and Magnets (for gauges). We also offer our clients with the facility of customization that allows us to make our products as per the specifications provided by them. Some of the features of our products are:
- Demagnetization resistant
- Good anti-corrosion attributes
- Durable
- Long Life
- Superior temperature stability
- Adequate magnetic strength
- Cost effective
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We are an ISO 9001:2008 certified firm and ensure that our products meet or exceed the internal standards. Our team of quality analysts conducts periodic tests on all stages of production to ensure our products are of highest quality and provide superior performance. Several parameters on which we conduct quality checks are: - Tensile strength
- Resistance to corrosion
- Durability
- Mechanical, magnetic and chemical tests, using the following tools:
- Flux meter
- Gauss Meter
- Permagraph
- Hysteresis Loop Tracer
- Helm Holtz coil
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| We provide our clients with facility of customization of products as per specifications of our clients. This has allowed us to build an extensive customer base across regions like India, Germany & UK. We also package our products as per our clients’ requirements which ensure safe delivery of our products. |
We have a skilled and experienced workforce which form the backbone our company. Our staff comprises of engineers, R&D experts, technocrats, quality analysts, administrators and sales representatives. Our engineers, R&D professionals and technocrats are trained by our holding company in Germany. Further, we periodically conduct training sessions at our premises to update our staff with latest advancements in technology and enhance their knowledge & skills. Number of employees:
- Management: 3
- Quality: 2
- R&D: 2
- Admin: 3
- Skilled / Technical: 15
- Semi Skilled: 5
- Unskilled: 2
- Others: 3
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We have state-of-the-art infrastructural facilities, which are spread over 20000 sq ft and have a monthly production capacity of 40 tons of extruded magnets and 5 tons of injection moulded magnets. Our establishment comprises of various subunits such as: - Materials
- Manufacturing
- Marketing
- Tool Design
- Quality
- Commercial
We ensure that our unit is equipped with technologically advanced machinery that enhances our production quality and capacity. Some of the machines used at our manufacturing unit: - High Speed Extruders (imported from Germany)
- Arburg injection moulding machine.
- Milacron injection moulding machine
Our products are designed as well as tested using latest CAD/CAM software. We use superior quality raw materials for our entire range of magnets from genuine global vendors such as: - Du Pont, USA
- TODA, Japan
- Magnaquench, Canada
We package our products in corrugate/wooden boxes to ensure that magnetic property of our products is maintained during delivery phase. |

Customer satisfaction has always been our top priority and we ensure that all our products are of superior quality. We also offer our clients the facility of customizing products as per requirements. Moreover, our reliable distribution network ensures that our products are delivered to our clients within the specified time frame. Some of our esteemed clients are:
- Pricol IFB Industries Ltd.
- Continental Minda
- Stoneridge Instruments
- Ilpea Paramount Ltd.
- Sinex Systems Pvt. Ltd.
- Sohum Expo Display Pvt. Ltd.
- Malrox Dhoot Chemo Plast Pvt. Ltd.
- Bharti Wal Mart Pvt. Ltd.
- Tops
- Rheinmagnet GmbH
- Max Baermann GmbH
- Anchor Magnets
To facilitate easy transactions, we offer our clients with various payments modes like: - LC for export
- Advance payment for new customers
- 30 days credit term for regular customers
We also offer samples to our clients to help them make an informed decision before buying our products. |

We are the only Indian firm who possess skills, knowledge and expertise in isotropic & anisotropic flexible bonded and injection moulded magnets. Other reasons which puts above the rest are: - Subsidiary of world’s leading manufacturer of bonded magnets
- Latest machines and equipment
- Reliable distribution network
- Timely service
- Cost-Effectiveness
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| • Magnetic Tapes | | • Magnetic Accessories | | • Magnets | |
| Product / service name | Share in net sales (%) | | Manufacturing of Plastic Permanent Magnets for Industrial and Automotive Application | 100.00 | |
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