| Type | Public (NSE: ADORWELD) |
|---|---|
| Industry | Industrial manufacturing |
| Founded | 1951 |
| Founder(s) | JB Advani |
| Headquarters | Mumbai, India |
| Area served | Pan India, Gulf/Middle East, South East Asia and Africa |
| Key people | Nilesh Unarkat, Head of Services and Communications |
| Products | Welding equipment and consumables |
| Services | Project engineering |
| Revenue | 450 million rupee turnover |
| Employees | 750+ |
| Website | www.adorwelding.com |
Ador Welding Limited (formerly known as Advani–Oerlikon Limited) is an industrial manufacturing company headquartered in Mumbai India. The flagship company of the Ador Group, Ador Welding produces a variety of welding products, industry applications, and technology services, including welding consumables (electrodes, wires, and fluxes) and welding and cutting equipment. It has over 30% market share in the organized welding market and is considered one of the major players in the Indian welding industry.[1] Ador PROEN is the company's project engineering division. PROEN is based in Pune and has provided services to the Indian Government's Bharat Nirman Program in the field of combustion and thermal engineering technologies.[2]
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Ador Welding Limited was formerly known as Advani–Oerlikon Ltd. and traces its history back to 1908 and five men, all originally from Karachi, Pakistan: Kanwalsing Malkani, Vasanmal Malakani, Jotsing Advani, Bhagwansing Advani, and Gopaldas Mirchandani. In 1951 to meet India's growing demand for welding electrodes, JB Advani & Co formed a joint venture with Oerlikon-Buhrle of Switzerland to manufacture them. The resulting company, Adavni–Oerlikon Ltd., helped build India's welding industry, which at the time was in its infancy.[3]
In early 1970s the company began expanding into other sectors in India, such as electronic equipment, metal reclamation solutions for industrial components, energy solutions and cosmetics. During this decade a separate entity, Ador Powertron, was established for manufacturing electronic power equipment.[4] The 1970s also saw the formation of Ador Fontech, a company providing metal reclamation and surfacing solutions for industrial components.[5] Within ten years, Ador Fontech had become the number two company after Larsen and Toubro in the metal reclamation sector.
In 1986 JB Advani & Co launched an Initial Public Offering and ceased to be the holding company of Advani-Oerlikon Ltd. In 2003 the joint Advani–Oerlikon association came to an end and the company changed to its current name Ador Welding Limited.[6]
The following are the key executives of the company as of 2011:[11]
Ador Welding's services to clients have included: