The project has been set up at the new industrial area of GIDC pahse III at Jamnagar Gujarat.
The machinery for this has already been supplied by Press makers from Belgaum & the finance has been worked out with SBS.Initial production will commence in about 1 month from now & the target market is Western Europe.Brass rods and Copper ingots are used for CNC machining and Bronze casting worldwide by Brass Copper & Bronze companies.Brass and Copper (Non ferrous) machining and metal casting industry is growing at about 14 % P/A thanks to demand in segments like Automobile & electrical components.
Mr. Nilesh Savla the Chief Financial office of the company is positive to start making profits in the very first year with envisaged profit for the financial year 2012 of US$ 3 Million.The company (Brass COmponents INdia) also has future plans for IPO once the production comes on line and company products like Brass screws nuts bolts PPR moulding inserts Brass neutral links and Copper/Brass rods and ingots are well received in the European markets.
Brass Components india is famous for manufacturing and exporting products like electrical accessories, fasteners and fixings,turned and pressed parts, metals casting, cable accessories, pipe fittings, stainless steel fittings, hose fittings, General Engineering parts, brass hardware, brass copper parts, stainless steel nuts, stainless steel baskets, stainless steel machined parts, brass eyelets, brass hose barbs, brass door hinges etc.
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