Lakshmi Precision Screws Ltd. was established in year 1972, Fastening technology is its core business and customer services their guiding principle. It is one of the leading manufacturers and suppliers of high tensile fasteners catering to the needs of all the sectors like wind energy, locomotive, automobiles industrial and its sub cons, agricultural equipments (tractors), machine buildings, etc.
The company is one of the largest exporters of fasteners in India. 35% of the total sales is contributed from the products exported to a range of countries such as USA, Australia, Canada, Denmark, Dubai, France, Germany, Hong Kong, Indonesia, Japan, Malaysia, Singapore, South Africa, Switzerland, Sweden, etc. The company is a partner of the Global Fastener Alliance (GFA).
The company is located in Rohtak (Haryana) which has a close proximity being just sixty Kms. from the National Capital, New Delhi and falls in the northern region of India. With sheer hard work and sincerity The company had set up another plant in the year 1993 keeping in view the growing global demand. In the recent past the company had set operational two more units, one in Rohtak and another in Industrial Modal Town, Manesar where leading manufacturers such as Hero Honda, Honda Motors Scooters India, Maruti Suzuki, etc. are also established. The said manufacturers are also the customers of the company.
However, collectively all the four units of this company are spread over an area of 1, 00,000 square meters and have a total production capacity of 25,000 metric tons (MT) per annum. The company expects that its production capacity will be rising 10% every year. The companies manufacturing units and warehouses were built keeping in view the close proximity of its ancillaries, raw material providers and national highways.
LPS was designed keeping in mind its clients need to find the optimum mix of exceptional quality and cost-effectiveness. Its core-expertise today lies in its ability to resource materials and manufacture completely custom-designed solutions. Its farsightedness and acute understanding of the nature of business has now made LPS one of the global leader in the making of high tensile precision fasteners and cold-forged components.
Product range of the company includes:
Standard Products
- Bolts & Screws
- Pins
- Nuts
- Allen Key
Special Products
- Wind Energy
- Automotive
- Defence
- Electronic & Communication
Milestones :
- 2009 - License to manufacture & market Torx Plus brand of proprietary products from Accument USA
- 2008- Recommendation for strong Commitment, award from CII, AS9001B Certification
- 2007 -Received Best Performance Award from Bosch & Knorr-Bremse.
- 2006 - Quality Software SAPPHIRE implemented Approved By Volkswagen for the supply of High Tensile Fasteners. Received Best Development Model Award from Honda Motorcycles & Scooters India Ltd.
- 2005 - License to manufacture fasteners with Doerken Proprietary Delta-Seal & Delta-Tone Finishing Technology. License to manufacture & market EJOT brand of proprietary products Delta-PT & Altracs from EJOT GMBH, Germany.
- 2004 - Recommended for OHSAS 18001 Certification .
- 2003 - VOLVO Global Supplier Certification. ISO/TS16949 (Version 2002) Certification
- 2002 -SAP R/3 implemented Golden Peacock Environment Management Award
- 2000 - QS-9000:1998 Certification 2001. ISO/TS 16949:1999 Certification
- 2001 - ISO 14001 Certification
- 1999 - License to manufacture & market Torx brand of proprietary products from Textron Inc. USA .
- 1998 - Marketing tie-up with RECOIL Pty. Australia Joint venture with BOSSARD-AG, Switzerland
- 1996 - ISO 9002 Certification .
- 1995 - A2LA and NABL Accreditations
- 1991 to 93 - Continuously received Regional Export Award from EEPC Established LPS Plant-II
- 1988 - Established as Exporter
- 1984 - Registered as Public Limited Company
Achievements/ recognition:
- Silver award in Engineering Category from Frost & Sullivan (India Manufacturing Excellence Award).
- Achievement Award for quality & delivery target from Honda Motorcycle & Scooter India ltd.
- Excellence in performance Award from MICO Bosch.
- Best performance Award from Bosch & Knorr-Bremse.
- Received Peacock Environment Management Award.
- Achieved Export Excellence Award from EEPC India.
- ISO 9001:2000 certified.
- ISO 16949:2002 certified.
- ISO/TS 16949:2002 certified.
- ISO/IEC 17025:2005 certified by NABL in the field of Mechanical calliberation.
- ISO/IEC 17025:2005 certified by NABL in the field of chemical testing.
- OHSAS 18001:1999 certified.
- AS9100,Rev B certified.