Introduction
Hindustan Ferrites, a division of Permanent Magnets Ltd. is the largest producer of Ferrite Magnets in India. Permanent Magnets Ltd., a public Limited Company, is a part of a leading Indian Industrial Conglomerate called the Taparia Group of Companies.
Established in Jalgaon (400 km from Mumbai), Maharashtra in the year 1984, Hindustan Ferrites has the most advanced equipments selected from all over the world right at the inception. The company has achieved high state of quality and efficiency to be one of the most competitive companies in the magnet industry.
Hindustan Ferrites has a government approved R & D facility which is constantly involved in improvements in the products, materials and the equipment in an endeavor to always be a market leader in the hard ferrites industry.
Hindustan Ferrites has a large and Strong Team of engineers and highly qualified technicians with long experience in the field of magnetic materials.
Due to the system orientation and continuous improvements, Hindustan Ferrites obtained the ISO-9002 certification in 1995 and has maintained it since then. Permanent Magnets Limited also received an award from Electronic Components Industries Association (ELCINA) for achieving highest growth in export of "electronic components" during 1989-90 and an Award from Government of India, Department of Electronics for excellence in electronic components export for the year 1993.
Shared Values
Keeping in mind complete Customer focus as our main objective, we at Hindustan Ferrites share certain values with our customers.
Trust Orientation : As a basic principle, we try to develop a feeling of trust with everyone associated with us in any way. We have developed high levels of co-operation with our customers, suppliers and all others in and around us.
Ethics in Business : The Taparia Group believes in ethical business. This discourages us in going for unethical ways of earning higher profits or margins.
Service Base : As a part of customer focus, we have set up a high service base. Customer Service for us does not end with just the supply of material. A constant customer service cell to listen to customer requirements and feedback is an integral part of our marketing setup.
Innovative Solutions : Our creative team comes up with the most innovative solutions to provide the customer with new products, ideas and cost cutting proposals.
Lead and Response to Changes : This market is a constantly changing place. In view of the high level of competition, there is need to change according to the requirements of the market. Our lead and response time for changing as per needs of the market is very short.
The Mission To Contribute to Happiness of Humanity by Providing Effective Magnetic Energy Solutions.
The Vision
To be profitable multinational manufacturing company playing a role of preferred supplier of magnets and related systems.
To be one of the top five global suppliers of ferrite magnets.
To continuously enhance technology through development and investment.
To be highly attractive to customers, shareholders, suppliers, employees and people in and around location of our operations through T.Q.M.
To grow at the rate of 20% per annum in all activities and profitability.
Our Valued Customers
Our system of Shared Values and high customer Orientation has made us a preferable supplier with large number of OEM’s and multinationals. Our Exports are also to companies which manufacture quality equipment.
Local Customers :
PHILIPS, (PUNE)
BPL, (BANGALORE)
AHUJA, (DELHI)
MARUSHI, (DELHI)
ITI, (BANGALORE)
RAJMANE, (BANGALORE)
BAJAJ AUTO, (PUNE)
SHRIVASTA. (MADRAS)
Exports :
PHILIPS (BELGIUM)
PHILIPS (MALAYSIA)
ROBERT BOSCH (MALAYSIA)
SWIFT LEVIK (ENGLAND)
CALAMIT (ITALY)
PROTECH FERRITE COMPANY (BANGKOK)
HYAB (SWEEDEN)
We command a share of 35 % in the local ferrite market and are the largest supplier of loudspeaker rings in the Indian market. The exports are growing at a fast pace.
