Atlas Copco (India) Limited
Add to watch list to get report alerts
BSE Code:
526991
NSE Code:
ATLASCOPCO
Business Profile
Business Profile
Atlas Copco India (ATLASCOPCO) is a leading provider of industrial productivity solutions. Incorporated as a private limited company on Jan. 28, 1960, it was converted into a public limited company on May 15, 1972. It is part of the Atlas Copco group, which is headquartered in Sweden and has a global reach spanning more than 160 markets with its own sales operations in about 80 countries.
The ISO 14001 certified company develops, manufactures, markets, and services oil-free and oil-injected stationary air compressors, portable air compressors, gas and process compressors, turbo expanders, electric power generators, air treatment equipment and air management systems. It also offers specialty rental services. In construction and mining equipment, it covers rock drilling tools, construction and demolition tools, drill rigs and equipment. The industrial tools and assembly systems segment covers industrial power tools, assembly systems, aftermarket products, software and service.
The company is a market leader in all its products with modern manufacturing sites at Pune for reciprocating compressors and at Nasik for compressors used in construction and mining equipment. The engineering competency centers at Pune and Bangalore provide mechanical engineering, CAE and software development services in close coordination with engineering departments in Belgium, Sweden and USA for product development and product maintenance.
An ongoing program is in place for up-gradation of existing products, introduction of new products, improvement in manufacturing processes and product costs, and import substitution and export promotion through constant interaction with group companies, customers and vendors.
The registered office is located at Sveanagar, Mumbai-Pune Road, Dapodi, Pune-411012, Maharashtra.
Recent Developments
01-APR-09
The company picked up the pending 75% stake in Prisma Roctools (P) and Focus Rocbit (P) and has incorporated them as 100% subsidiaries of the company.