Prelude

AIA ENGINEERING RIDES THE
POWERFUL INDIA GROWTH STORY

India’s rise to the fifth-largest economy in the World GDP Rankings for 2024 marks a remarkable chapter in its growth story. This achievement stems from a rich tapestry of economic sectors: from the verdant fields of traditional and modern agriculture to the dynamic realms of technology services, from the intricate artistry of handicrafts to the global hubs of business outsourcing.

Looking forward, the trajectory only climbs steeper. Projections are set high with India poised to swell into a USD 7-trillion economy by 2030, and on track to surpass the USD 5 trillion milestone by 2027, potentially ranking as the world’s third-largest economy. This ambitious growth is guided by the Government’s comprehensive roadmap, which not only aims for expansion on a macroeconomic scale but also champions inclusive welfare at the grassroots level.

Central to this strategy are pivotal areas such as the burgeoning digital economy and fintech, technology-driven development, and proactive energy transition and climate action. This blueprint banks on a virtuous cycle of investment and growth, paving the way for sustainable economic advancements.

Moreover, with an eye on the future, the Government has laid out bold aspirations for India to achieve the status of a developed nation by 2047. Each step forward in this journey not only narrates a story of economic success but also reflects a commitment to holistic and inclusive development.

USD 5 trillion economy
India is expected to surpass by 2027, potentially ranking as the world’s third-largest economy
A developed nation
India is expected to acheive this status by 2047

AIA Engineering Limited (also referred to as ‘AIA Engineering’, ‘Our Company’ or ‘We’) is perfectly aligned with India’s dynamic economic expansion, tapping into significant growth opportunities within key sectors. As a vital contributor to the nation’s bold development initiatives, our Company enhances the operational efficiency in ore processing and mining through our specialised high-chrome grinding media and wear-resistant parts. Additionally, we play a pivotal role in India’s cement industry—as the world’s second-largest producer—by supplying critical grinding media and mill liners. Our products also boost the performance and reliability of power plants with cutting-edge components for coal pulverising mills. This comprehensive support not only advances the efficiency and durability of India’s infrastructure projects but also positions us to benefit from the future infrastructure expenditure planned by Government. Thus driving both national progress and our strategic business objectives.

Eye for detail
Stringent quality checks to enhance customer satisfaction Close supervision to monitor the installation of each wear part meticulously Regular mill audits to optimise efficiencies and enhance adaptability
Primary Areas of Focus
Big Numbers that Spell Consistency
210.76 Crores
Capex Incurred during 2023-24
250 Crores
Capex Planned for Reorganisation
33 Crores
Investment in Renewable Energy Resources