M/S Vaswani Industries Limited (VIL) was incorporated on 22.07.2003 with the Registrar of Companies, having its registered office at Raipur, with an object to be a hall-mark of excellence in the steel-making scenario of India. VIL has started its tour by setting up Integrated Steel Plant (ISP) in phased manner comprising of Sponge Iron Plant, Power Plant & Induction Furnace Plant. It has been built on a strong foundation, brick by brick, which took ten years.
Presently VIL is manufacturing Coal-based Sponge Iron using 3 indigenously developed rotary kilns, with a capacity of 90000 M.T. (3 X 100 MT) along with a Waste Heat Recovery Boiler (WHRB) with a generation capacity of 11.5 MW Power & a Steel Ingot/Billet Plant of capacity 59400 MT. (2 X 9 MT).
In addition to all the above attractions the promoters are locally based and have excellent rapport with the District and state government authorities who are extending their full co-operation and assistance to encourage up-coming Industrial units in the state.
Consequently, a group of young, energetic, enterprising Technocrats assisted by highly qualified & experienced Technical and Commercial Managers and staff have joined hands to form a company under the name & style of Vaswani Industries Limited, which is a Limited Company Incorporated with the Registrar of Companies.