Rapicut Carbides Limited (RCL) was incorporated as a Public Limited Company, in April 1977, and an integrated unit was set up at Ankleshwar, Gujarat for manufacturing of Tungsten Carbide Tips, Inserts and other Carbide products from ore stage. Commercial Production Commenced in October 1979.

RCL today manufactures a wide range of Tungsten Carbide (T.C.) Products viz.,Tungsten Carbide Tips, Tungsten Carbide Inserts, Wire Drawing Nibs, Bar and Tube drawing Pellets, Tungsten Carbide Rings, Flats, Bushes, Jute Eyelets,Solid Carbide Cutters and a wide range of Tool Room Products.