NEW INDIA TOOLS LTD
About
Birla Precision Technologies Limited is an Engineering company established in 1937, a pioneer in the various areas it operates within. It has 3 Divisions. Indian Tool Manufacturers (ITM) , Spearheaded in the year 1937, ITM manufactures and supplies High Speed Steel Cutting tools in domestic and global markets. Intensive value based approach is ingrained in ITM’s operation on a continuous basis which allows it to come up with products to cater the demand of innovative products offered as total solutions custom designed for its clients. ITM products are well known as "Dagger Brand" and having the leading market share in India for Drills, produced using the finest quality material. Being the First Cutting Tool Company in India, which conform to stringent worldwide benchmarks and are currently exported to the European, American and Asian markets apart from being sold in Indian market with country’s largest distribution network for this Industry. Tool Holder division – currently branded as BPT the erstwhile Birla Kennametal Ltd was established in 1986, as a Joint Venture between Kennametal, a US $ 4 billion conglomerate and Birla Group, thus continuing onwards a trait which has become characteristic of Birla Precision – becoming the first Tool Holding company in India. Here we manufacture AT3 Tool Holders , Collets , Work Holding and Production Boosters - Some of which it is the only manufacturer in India thus being a total Import substitute and flag bearer of the Make in India initiative. BPT caters to international market –USA, Germany and APAC, and in recent times to the Far East including China. Besides, BPT also sells in domestic market in a large way to all major customers. Our Foundry and Machining that is our Automotive division fabricates castings machined products and precision components. This division was erstwhile Birla Perucchini, a JV with Perucchini spa, Italy one of the biggest name in the European Hydraulic Space. Big league names like Honeywell, Sundram Fasteners and Cummins trust and rely on us for high quality products. The Precision Components division is an 100% exports division, which manufactures engine components, shafts, spools etc. for various automotive and Hydraulic clients abroad. It is now just getting into the Domestic Market.