The Indian Steel & Wire Products Ltd established in the year 1920. In the year 1935, it was incorporated as a company under the Companies Act, 1913. A primary manufacturer of wire rods, TMT rebars, and wires, welding products, Nails, rolls and castings; ISWPL strictly adheres to the highest standards of quality and services.There are many firsts with ISWPL. It established the first Wire Drawing Plant in Asia & is a pioneer in the Rolls industry of India. Pre-independence it also established the privately owned fasteners plant and supported industrial development. This is how ISWPL emerged as a major manufacturing centre during the 20th Century thereby giving a boost to the nation building and industrial growth.
In 90's the company faced economic slowdown and started incurring losses which resulted in the closure of the plant. The company was subsequently taken over by Tata Steel under BIFR scheme with 92% shareholding. Currently, the company is operating as subsidiary of Tata Steel with five business verticals - Wire Rod Mill, Wire Mill, JEMCO, Welding electrodes, and Nails.
Wire Rod Mill and Wire Mill act as the convergent agent of Tata Steel and Tata Steel Global Wires respectively, wherein the parent plant supplies the raw material and also market the finished good. By leveraging the competency of rolling and wire drawing the company is breaking records year after year. The wire drawing is also supported by mechanical descaling making it more environment friendly.
Pioneer in the Rolls industry, ISWPL’s Rolls and Casting products are sold under the brand “JEMCO” across India as well as International market. With the existing infrastructure, JEMCO has the flexibility in making any type of metals and alloys catering its products and services to the Steels plant, Thermal power plants, rubber re-rollers etc. With its wealth of experience and expertise in the welding consumable industry, ISWP markets its Welding products under the brand name, “SPARK”. The Company has a state-of-the-art Welding Technology Centre and an all-India distribution channel for all its facilities. ISWPL also market MS Nails under the banner of SPARK. ISWPL continuously strives to attain leadership through business excellence, while upholding the very values that form an integral part of it. The Company is committed to providing a safe and healthy working environment through TPM (Total Productive Maintenance), Safety Excellence journey & Climate Change initiatives. In fact, the Indian Steel & Wire Product Ltd aspires to be a benchmark in safety and health performance in its business sector. Having more than 800 employees on its roll, ISWPL has undertaken several improvement initiatives; employee engagement programmes; TPM and L&D Safety Environment, as well as employee diversity and inclusion. ISWPL has received the TPM Excellence Award, TBEM Award, CII HR Excellence awards for its commitment to excellence standards and focused improvements.
Spread over 300 acres, comprising the Plant and a township, ISWPL boasts of a vast infrastructure with more than 800 houses, a school with approximately 2500 children, a 20-bed hospital, Sports Complex and Water Purification Plant.
Customer service forms an integral part of the ISWP culture. Having adopted the 3D concept of Develop, Deliver and Delight in line with the Tata group initiative, the company leaves no stone unturned to understand the needs of the customers and deliver quality products and services. Towards this end, customised product solution, like customized product development in the rolls and welding industry has been introduced. ISWPL is accredited with ISO 9001, ISO 14001 & OHSAS 18001 certification.
For ISWPL, it has been a long journey, strewn with impediments. But it has shown fortitude and remained steadfast in its endeavour to improve the quality of life of the communities it serves in. It strives to empower the underprivileged and the AA community by educating and creating employment opportunities for them under its Affirmative Action Programme.