Our Journey

1978

Mr. Bhadresh K. Shah founded the Ahmedabad Induction Alloys Private Limited

1979

The Company began operations and started producing wear parts for cement and power plants

1985

Started production of high-chrome grinding media

1989

Began producing high chromium liners, level control diaphragms, and other diaphragms

1991

Ahmedabad Induction Alloys Private Limited was amalgamated with the Company, AIA

1996

Received ISO 9001 certification of Quality Management Systems

2003

AIA incorporated Vega ME as a wholly-owned subsidiary

2005

AIA got listed on Indian Stock Exchanges

2008

Moraiya, a greenfield facility with a capacity of 1,00,000 MT grinding media, was commissioned

2011

A new plant for mining liners and vertical mill parts was commissioned

2014

Capacity was expanded to 2,60,000 MT at Moraiya facility

2017

Phase 1 of the Kerala GIDC, a greenfield facility near Ahmedabad for grinding media production, was commissioned

2018

Developed mill lining solutions for mine

2019

Capacity enhancement by 50,000 MT at Kerala’s GIDC plant

Installed 8 Wind Turbines of 2.1 MW each

2020

Obtained ISO 14001 certification for environmental management system and OHSAS 18001 certification for health and safety management system at our Moraiya and Kerala Plants

2022

Installed 2 Wind Turbines of total 5.4 MW, taking total renewable energy capacity to 24.3 MW