Started with manufacturing of Aluminium Alloy Ingots and decided to venture into Pressure Die Castings business starting from next financial year. They will also manufacture virgin alloy metal ingots from next year. Total production capacity is 425 MT per month and capacity utilization is 20%. Requires INR. 5 Cr for 80% capacity utilization.
How are we different?
The Company wants to primarily focus into Pressure Die Casting by using molten alloy as raw materials. Since RAINE Aluminium is a manufacturer of alloy so profit margin is higher. The quality of Aluminium is 99.8% pure.