Garg Furnace Limited announces move into self-drilling screws

Ludhiana-based Garg Furnace Limited has made a transformative pivot into the manufacturing of self-drilling screws, unveiling its new product line under the brand name TAGIT. With an initial production capacity of 100 metric tonnes per month, the company is embracing advanced machinery technology imported from Taiwan to ensure top-tier production standards.

This strategic shift represents a bold effort to tap into domestic manufacturing demand, particularly in light of India’s recent restrictions on screw imports priced below ₹129 per kilogram. According to the company, the initiative not only enhances profitability margins but also reinforces its standing in high-value manufacturing segments.

Driving Innovation With Advanced Technology

Garg Furnace Limited has successfully trialed its production processes and has begun commercial manufacturing. This marks a crucial step in adopting advanced machinery technology to meet the precise needs of industries such as construction, automotive, solar energy, and electrical manufacturing. The self-drilling screws offer significant advantages, including faster installation times, reduced labour costs, and the elimination of pre-drilling requirements.

Chairman Devinder Garg Highlights Market Potential

In a statement, Chairman Devinder Garg expressed confidence in the growth potential of this new division. He noted that the adoption of advanced machinery technology not only aligns with India’s ‘Make in India’ initiative but also positions the company as a leader in reducing reliance on imported products. Garg stressed that this move will help businesses across multiple sectors achieve cost-efficiency without sacrificing precision or quality.

“Our investment in Taiwan’s advanced technology underscores our commitment to delivering superior products,” he added. “This step significantly strengthens Garg Furnace Limited’s long-term growth trajectory, benefiting shareholders while fostering domestic manufacturing demand.”

Seizing Opportunities in a Shifting Market

The Indian government’s import restrictions have created a lucrative space for local players like Garg Furnace Limited to expand. The company plans to ramp up production aggressively, aiming to solidify its position as a trusted supplier of self-drilling screws in the domestic market.

The move is also seen as an essential contribution to India’s larger manufacturing ecosystem. With demand rising across various industrial applications, Garg Furnace Limited is well-placed to capitalise on this trend, blending innovation with cost-effectiveness to deliver high-value products.

A Vision for Growth and Self-Reliance

As Garg Furnace Limited embarks on this new venture, it underscores the importance of combining government support, technological innovation, and localised production capabilities to meet domestic manufacturing demand. The company’s foray into self-drilling screws exemplifies its commitment to staying ahead in a competitive market while fostering a culture of innovation and excellence.