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Aastha Company

Bengaluru, Karnataka
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Steel

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Commodity Coal

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Mining Machine

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Iron Ore

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HMS Scrap

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Agro Product

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Wholesale suppliers of all types of telecom boxes, lcms etc. + Read More

Nature of Business

Wholesaler

Total Number of Employees

51 to 100 People

Year of Establishment

1999

Annual Turnover

Rs. 10 - 25 Crore

Steel
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Steel

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Steel is the widely used metal and is an indispensable part of Household and Industry. Looking at the Indian growth story, we have sensed a great future in steel and steel products. The per capita consumption of steel in India is only 56.4 kg against the global per capita consumption of 200 kg. With the country experiencing a steady growth in per capita income of the masses has now given head to the upsurge in the growth of infrastructure for development of businesses and lifestyle. For decades to come the demand for steel will be a never ending story and we foresee ourselves as one of the front runners in this rally.

We have a state of art manufacturing arm based out of Andhra Pradesh, India. We operate this facility with an annual output of over 100,000 MT p.a. and sell our Thermex TMT bars under the brand name “AASTHA TMX FE 500.

We manufacture Thermo Mechanically Treated (TMT) bars, which are hot rolled round bars/rods with indentations/ribs normally supplied in straight length or in folded bundles. Construction and Infrastructure – two high growth sectors in the country are the primary consumers of TMT bars. TMT bars are protected by past rolling thermo process. There are two known technologies, which were independently developed in Europe and later recognized globally. These are the Thermo and Temporal Processes. Thermo processing of steel bars results in higher strength with better ductility than that offered by the Cold Twisted Deformed Process.

We have a patented Turkish technology and design of our TMT bars which exhibits very high bendability due to lower carbon and higher elongation. The bars can withstand bending and rebending with internal diameters of 1D and 4D respectively. Our design is even Earthquake resistance, which is the demand of all high rise towers and bridges/flyovers as per standard norms.

Apart from manufacturing TMT Bars, we trade in Structural Steel. We have tied-up with major real state and infrastructure companies as their empanelled supplier for these products.

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Commodity Coal
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Commodity Coal

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Coal

India is the world's third largest producer and consumer of coal. (Source: CRISIL Coal Outlook). According to CRISIL Coal Outlook, the power generation sector in India consumed 77.0% of the total coal produced in fiscal 2009. Further, in fiscal 2009, coal met 52.4%, while oil and natural gas met 41.6%, of the total primary energy requirement of India. (Source: BP Statistics)

India has experienced a robust growth in the power sector as it is one of the basic components for domestic as well as industrial consumption. Steel and Cement Consumption are on rise due to development in infrastructure and real-state. Considering above developments, demand for coal will remain steady and is going to rise only as coal is the basic fuel for these industries. Last year India imported close to 86mn tones of non-coking coal (Source: Worldcoal.org) and the demand is expected to increase only.

We have tied up with international miners and trading bodies based out of Indonesian, South Africa, Australia and USA to trade coal in bulk. We target to import 2mn MT of Coal for trading in the Indian market. We are even exploring the Chinese market to export coal from Indonesia and South Africa.

We, at Aastha Group, are involved from mining to consumption. We are involved in all features of managing the Supply Chain of Coal for a variety of consumers spread across diversified industries. With operations spread across 3 continents and numerous supply and delivery points, we are regularly innovating the art of getting coal from one point to the other at the lowest effective cost. We source coal extensively from across various countries and ports and shipping to over west coast and east coast ports in India. Further we operate the in-land transportation delivering coal to our clients’ doorstep, pioneering the art of best cost efficiency.

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Mining Machine
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Mining Machine

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AASTHA GROUP has ventured into mining of Chrome Ore, a commodity used in manufacturing of alloys and strong steel. The Company is in process to acquire mine in Turkey. These mines produce high grade Chrome Ore technically termed as ‘Enriched Chrome Ore Cr42%.

AASTHA GROUP has also  long term relation  with mines in Turkey for Manganese Ore to be imported and sold to various alloys manufacturing industries in India and China. China is a large consumer for high grade Chrome, we ship the commodity in containers and have long term contracts for regular supply. The ores are also imported and stocked at Vizag and Kandla Port in India on the East & West Coast respectively.

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Iron Ore
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Iron Ore

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Steel industry might have seen some roller coaster ride but as estimates mentioned, it’s only going to grown with India in the coming decades, so will the demand for the basic raw material Iron Ore. Our brand reputation and good will has earned us these contracts. We are importing iron ore lumps in bulk from these countries. Gujarat, Maharashtra and Chhattisgarh have one of the best blast furnaces in India and we are regular supplier to these units. We trade in volumes of 50,000 MT/annum of Iron Ore in containers. We have tied up with mine owner based out of Goa and Orissa in India for domestic procurement of iron ores. In the coming months we are going to trade in large cape size vessels.

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HMS Scrap
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HMS Scrap

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HMS is a basic raw material in our blast furnace in the making of steel. As a part of our captive consumption we are importing 60000 MT/annum of Scrap Metal internationally. With our market intelligence and knowledge of the product we have increased the volumes. We have tied up with Scrap generator based out of BELGIUM, SOUTH AFRICA & USA for high quality imports to be traded into the Indian market. We have signed MOUs with Steel Manufacturers based out of Andhra Pradesh, Karnataka, Maharashtra and Gujarat for HMS supplies. With this our volumes would rise to 1mn MT/annum.

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Agro Product
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Agro Product

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Aastha has interests in agribusiness at domestic and international levels.The Group is in talks with various commodity traders based out of Brazil, Africa and India for regular business. The company plans for exports of Sugar, Maize, Corn, Coffee from India. We also are planning for huge storage facilities group owned properties at various locations across the country. It is just another example of how expertise in one area can support initiatives in another.

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