Company Overview
About Technocraft
Technocraft was established in 1972 by two brothers Mr. S.K. Saraf and Mr. S.M.
Saraf who are graduates and technologists from IIT Powai.
Until 1976 Technocraft focused on the domestic market. India was not recognized
as reliable export nation during those days, against all the odds, the company launched
a major export drive in 1977. “Technocraft” was recognized as an export house by
Government of India in 1979. Technocraft manufactures high precision and sophisticated
Drum Closures Products and it successfully managed to capture the Middle East, USA
and Europe export markets. Promptly the company established several foreign subsidaries
for stock mobalisation to their foreign customers.
From inception till 1994, Technocraft continued developing and increasing the production
of Drum Closures until it became one of the largest and most recognized suppliers
of Drum Closures in the world. The company subsequently in 1994 acquired “Maharashtra
Steel Tubes Ltd” from Sicom, which manufactured Steel Pipes. Technocraft opened
an office in United Kingdom (UK) to increase the European market and this was the
turning point in its expansion program.
In 1997, Technocraft diversified into manufacturing of Cotton Yarn. The Unit was
accorded a 100% EOU status. The cotton yarn division is into Manufacturing & Exporting
of high quality 100% Cotton Ring Spun Yarn. From NE 20 to NE 40, The spinning mill
is equipped with world class Swiss, Japanese and other equipment. The cotton yarn
division employs highly trained technical experts in all aspects of yarn spinning.
It also has a 15 MW Captive power generation plant in the yarn division to cater
to its power requirements.
Technocraft as a group has been a predominant player in the precision engineering
sector & it has done a forward integration of Tube Division by producing high precision
scaffolding systems for building construction. The cotton yarn division has also
forward integrated its operations by production & export of Garments through its
subsidiary. Technocraft has been constantly upgrading its capacity & improving its
standards to meet the ever increasing expectations of its customers. The strategy
adopted by the company comprises of growth through constant innovation, enter new
categories, and focus both on domestic as well as foreign markets.
Technocraft - Company Corporate Video
Vision - Mission
Whose woods these are I think I know.
His house is in the village though;
He will not see me stopping here
To watch his woods fill up with snow.
My little horse must think it queer
To stop without a farmhouse near
Between the woods and frozen lake
The darkest evening of the year.
He gives his harness bells a shake
To ask if there is some mistake.
The only other sound’s the sweep
Of easy wind and downy flake.
The woods are lovely, dark and deep,
But I have promises to keep,
And miles to go before I sleep,
And miles to go before I sleep.
-Stopping by Woods on a Snowy Evening By Robert Frost