Modison
MODISONLTD · Industrial > Electric Equipment · Chairman: Ashok Jatia · MD: G L Modi · Listing date: May 4, 2021 · Employees: 258 · Mumbai · http://www.modison.com

Modison was established in 1965 by Girdhari Lal Modi (G.L. Modi) as a trading enterprise focused on tool steels and the export of engineering goods and general merchandise. Recognizing opportunities in precious metals, the company ventured into silver refining in 1975 and set up its first manufacturing facility in Mumbai (then known as Bombay). Within a short span, Modison emerged as a key exporter of refined silver to leading banks and dealers across Europe and the United States. A landmark achievement in the company's early journey was its pivotal role in establishing the status of '999' Good Delivery Silver Bars in India, setting high-quality benchmarks for bullion trading in the domestic market.

Building on its metallurgical expertise, Modison identified a significant opportunity in the electrical switchgear sector. In 1977, the company diversified into the manufacturing of electrical contacts and contact materials, introducing production lines for silver and silver-alloy wires, plates, strips, and solid/bimetal contacts. This strategic expansion laid the foundation for Modison 's long-standing presence in the electrical contact manufacturing industry.

Currently, Modison is recognized as a leading manufacturer of electrical contacts catering to the low-, medium-, and high-voltage switchgear industries. The company serves a diverse customer base across the power distribution and electrical infrastructure, automotive, railway, aerospace, marine, defence, engineering, and pharmaceutical sectors, while maintaining a growing presence in international markets.

Modison's journey reflects its enduring commitment to quality, innovation, and customer-centric growth. The company is accredited with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications.

Business area of the company

The company is a globally manufacturing silver electrical contact materials and finished contacts for Low, Medium, High & Extra High Voltage switchgear industry. 

Products & Services

Electrical Contacts

  • Low Voltage Electrical Contacts
  • Medium & High Voltage Electrical Contacts
  • Precious Metal Compounds

Silver Bullion

Value Added Services

Milestones/ Awards/ Achievements

1965: 

  • Established silver refining facility in Mumbai

1975: 

  • Founded as a trading unit for engineering exports

1978: 

  • Started manufacturing electrical contacts and contact materials at Vapi

1983-85:

  • Technical collaboration with Doduco for AgCdo (ZH) contacts
  • Supplied ZH contacts to L&T
  • Sole Indian co. to mfg. LV, MV, HV

1986-87:

  • Collaboration with Doduco for AgW and CuW contact tips for ACBs and MCCBs

1989-91:

  • Technology transfer for complete HV contacts from Doduco
  • Developed own copper chrome alloy for HV contacts

1991-95:

  • All HV contacts type tested and approved
  • Acquired 100% market share of HV contacts 

2002-03:

  • Major capex for HV capacity increase
  • GOI approved R&D Dept.

2007-08:

  • Shifted HV plant to a new building
  • Started steel backed button contacts; imported plant from Italy

2009-10:

  • Installed automatic contact welding and forming line

2011:

  • Developed high performance current carrying contacts
  • Developed silver compound business

2013:

  • Certificate of Excellence in recognition of exemplary growth.

2014:

  • Modison Emerges as ‘Top 3’ in Emerging India Awards by CNBC- TV18 & CRISIL.

2022: 

  • ABB - Supplier Summit 2022 Award
  • Modison Government College - Foundation Stone Ceremony at Fetehpur
  • MOU between Modison Charitable Trust & Commissioner of College Education Department, Jaipur Rajasthan

2023:

  • Certificate of Appreciation from Siemens Energy
  • Presence of Modison in India Silver Conference 2023
  • Incorporated a wholly owned subsidiary company named as ‘Modison Hitech’ on July 14, 2023 to carry on the business of manufacture of other electrical equipment, processors and dealers in medium and high voltage electrical contacts, contacts for other industries, products for automative, engineering, aerospace, marine, defence and railway.