The Company was incorporated under the name Mahindra Automotive Steels Limited on 13th August, 1999. The Certificate for commencement of Business was obtained on 5th October, 1999. The Company was a non operating company. Pursuant to a Scheme of Arrangement between Amforge Industries Ltd. and Mahindra Automotive Steels Limited, the entire Chakan unit of Amforge Industries Ltd. as a going concern together with all the assets and liabilities relating to the Chakan unit has been transferred to and vested in Mahindra Automotive Steels Ltd. with effect from 1st April 2005. It is expected that the demerger will improve capacity utilisation & productivity of the Chakan unit and shall enhance the synergies between Chakan unit and Mahindra Automotive Steels Ltd.’s plans in the automotive component sector and the forging business.

Mahindra's forging and machining facility is one of the finest and amongst the top 3 forging companies in India, with an installed capacity of 42,000 MT. Mahindra Forgings is the largest supplier of forged components (like crankshafts and steering knuckles) to the Indian Automotive market, commanding a 40% market share. Our presses churn out approximately 1 million crankshafts and 0.5 million steering knuckles per annum.

With capabilities of developing new parts in the shortest period of time, MASL consistently offers the best forging solutions in the market. Already being accredited with ISO/TS 16949, MSAT's Indian forging facility has now challenged the ISO 14001 status for end of 2006.

MASL further strives to continually deliver the best to its clients by creating a Continuous Improvement Culture. On a quest to offer better solutions to our valued customers we have embarked on a quality drive and adopted various initiatives like TPM, SPC, MSA, VRT and POKAYOKE. In addition, we have formed an energy conservation team to make our processes environment-friendly.

MSAT has in-place an elaborate expansion and growth plan for Mahindra Forgings to widen its existing range of capabilities and capacities. This is being implemented in a phased manner, the most recent of which includes the commissioning of a 100,000 nos. capacity crankshaft machining line. Furthermore, we have already committed our investments towards the connecting rod and steering knuckle machining lines that are scheduled to start operations within this year.


History & Major Milestones
 
2005
TS 16949 Certification obtained. Amforge, Chakan Unit becomes a part of the Mahindra & Mahindra Group.
 
2006
Board of Directors of MASL is reconstituted and Mr. Anand Mahindra becomes the Chairman of the Board.
 

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