Established in 1983, Multi-Arc India (MAIL) is in the business of surface medication. Over the course of past 20 years, as technological leader of the industry in India, MAIL has developed and marketed various surface enhancement/modification technologies which have found extensive use in decorative applications and wear resistance.
Multi-Arc is a nationwide supplier of thin film coating services and equipment with operations in Umargam and Housur. The company is in the business of modifying surfaces to give decorative aesthetic appearance.
MAIL has been able to successfully develop various market segments. The market segments in decorative business include watch straps and cases, jewellery, cutlery, bathroom fittings, luggage accessories, hardware items, etc.
MAIL also has in house R&D and equipment manufacturing capabilities. MAIL is also planning to enter into coating related industries through strategic alliances.In 2006 MAIL has acquired Sonic Ltd. (I.P. Coating services provider and closest competitors) and M/s. Sotex (Horological Parts manufacturers.)MAIL has a Joint Venture with Universal Chemical Technologies Inc. (UCT) for commercial application of a revolutionary technology developed by UCT.
Multi-Arc India is a public limited company, listed on the Bombay Stock Exchange (BSE Code: 513685). The company's registered corporate headquarter is located in Mumbai and two manufacturing/servicing facilities strategically located at Umargam and Housur. The company came with preferential issue of Rs 19 crore in 2006 at a premium of Rs 62 to and a preferential issue of Rs 7 crore in 2007 at a premium of Rs 29 to augment working capital.
Subsidiaries of the company :
Multi-Arc Coating and Straps Ltd, India, UCT Coatings Pvt.Ltd, India
Clientele:The company’s clientage is spread all over India and some of these are:
- TIMEX
- TITAN
- MAXIMA
- HMT
- SAMAY, etc.
Products range of the company includes:
Decorative : Ion plated coatings are possible on stainless steel, spring steel and tother tool steels besides on brass, mild steel, ABS plastic and Zinc Alloys (Mazak) which is possible after providing a suitable under layer.
Wear component & Medical: PVD coating application in the medical industry can be subdivided into 4 major markets :-Orthopaedic Implants -Surgical and Medical instruments -Orthodontic appliances -Cardiovascular implants
Achievements/ recognition :
- Multi-Arc has been certified to ISO 9001: 2000 standards.
- Multi-Arc India Limited is a public limited company, listed on the Bombay Stock Exchange.
- It is recognized by the Department of Science and Technology Govt. Of India.
- MAIL achieved a net profit for the year 2006-07 after a gap of 9 years
- Takeover of Bharuch Unit from SONIC / SOTEX.
- Largest watch strap manufacturer in India.
- Set up new coating canter facility at Hosur to cater to Titan requirements.
- Set up joint venture company UCT INDIA LTD in India with technical collaboration of UCT Inc, USA.
Future plan: Plans to set up coating canter facility at Parwanoo to cater to the northern region.