Mahindra Steel Service Centre Ltd (MSSCL), a joint venture between Mahindra Intertrade Ltd and Metal One Corporation of Japan, has set up its first electrical stamping facility at Kanhe, near Pune.
The plant, which has been set up at a cost of Rs 50 crore, is Mahindra Intertrade’s sixth service center. It operates steel service centers at Nashik, Vadodara and Bhopal in India, and at Sharjah in the Middle East.
The new facility incorporates with equipment sourced from top suppliers across the globe including slitting line from Japan, stamping presses from Japan and Taiwan, stress relieving equipment from USA, and Aluminium injection machine from Europe.
"The electrical stamping facility will strengthen Intertrade’s position in the home appliance space by offering the customer best–in–class service and equipment backed by top grade electrical steel from Nippon Steel, a leading steel manufacturer in Japan," said Harsh Kumar, managing director, Mahindra Steel Service Centre Ltd.
"Mahindra Intertrade is the oldest, largest and best equipped service provider in the electrical steel space in India and was the first company to set up an electrical steel service center in India for the home appliance and transformer industries," said Naoto Matsuoka, president and CEO, Metal One.