Simplex Castings Selected as Manufacturing Partner for TsNIIchermet
Under the partnership, Simplex Castings Limited and ADJ Engineering will collaborate with I.P Bardin TsNIIchermet to manufacture metallurgical equipment for Indian and Russian steel plants. Simplex Castings Limited will handle the manufacturing of equipment designed and developed by TsNIIchermet, with the initial order valued at Rs 20 million.
Ketan Shah, Chairman of Simplex, expressed his delight at securing the first order from Chermet under the cooperation agreement. He emphasized that this agreement opens doors for Simplex to supply Chermet-designed equipment to steel plants in India and Russia. He also highlighted the significance of the partnership with Chermet, a premier Russian research institute for the iron and steel industry, in shaping the future growth of Simplex. Shah expressed confidence in delivering top-notch quality equipment and achieving further breakthroughs through this collaboration.