Ashok Iron Group
Ashok Iron Group is a privately held Indian metal casting manufacturer founded in 1974, producing iron castings and machined components for industrial customers from its Belgaum, Karnataka headquarters, employing 1,001–5,000 people.
- Company typePrivate
- Founded1974
- HeadquartersBelgaum, India
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Ashok Iron Group does
Ashok Iron Group is a privately held metal casting company headquartered in Belgaum, Karnataka, India. Founded in 1974 by Ashok Humbarwadi, the company produces and supplies iron castings and machined products serving multiple industrial end-markets. With a workforce of 1,001–5,000 employees, it operates as a mid-to-large scale industrial manufacturer within India's ferrous foundry sector.
The company's core operations revolve around ferrous casting production and downstream machining, supplying components that feed into machinery, automotive, and general industrial value chains. Its Belgaum base places it within an established Indian foundry cluster with access to ferrous raw material inputs and skilled labor at competitive cost. The founder-led structure and 50-year operating history suggest a family-owned industrial enterprise with long-standing customer relationships in the domestic market. No specific product catalog, end-market segment mix, customer logos, or export footprint is disclosed in the available data.
The business model appears to be a traditional B2B contract manufacturing setup, with revenue generated through the sale of cast iron components and machined parts to industrial buyers. Specific pricing structures, distribution channels, certifications (e.g., ISO, IATF), and segment-level economics are not disclosed. The company's public digital footprint is currently minimal — its corporate domain currently displays only a WordPress installation page rather than a published corporate site — which materially limits visibility into its operational scale, product range, and recent commercial activity.
Ashok Iron Group firmographics
Firmographics- Name
- Ashok Iron Group
- Website
- https://ashokiron.com
- Company type
- Private
- Founded year
- 1974
- Headcount range
- 1,001–5,000 employees
- Short description
- Ashok Iron Group is a privately held Indian metal casting manufacturer founded in 1974, producing iron castings and machined components for industrial customers from its Belgaum, Karnataka headquarters, employing 1,001–5,000 people.
- Ownership category
- akta.pro rank
Ashok Iron Group industry classification
Industry- Product category
- Industrial Metal Castings
- NAICS
- Iron Foundries (331511)
- SIC
- Iron & Steel Foundries (3320)
- akta.pro primary industry
- Steel Casting (Continuous Casting, Ingots, Semi-Finished Slabs/Billets/Blooms) (IMAKABAD)
Keywords
Where Ashok Iron Group is headquartered
LocationHeadquarters
- HQ city
- Belgaum
- HQ country
- India
- HQ region
- Asia
Markets served
Ashok Iron Group business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel
Ashok Iron Group product offering
Product offeringCore offering
Ashok Iron Group is a metal casting company that produces and supplies iron castings and machined products. Its offerings target various industrial sectors requiring ferrous cast components and finished machined parts.
Product overview
No product or service information available in the provided source data. The source material consists of a news article about the Ashraya Foundation (an unrelated charitable organization) and a WordPress setup configuration page from ashokiron.com, neither of which contains substantive information about Ashok Iron Group's product or service offerings.
Differentiator
Problem solved
Functional benefit
Products and services
- Iron Castings
- Machined Products
Companies that use Ashok Iron Group
Customer profileIdeal customer profiles1 record
Ashok Iron Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Ashok Iron Group partnerships and signals
Strategic signalRecent moves2 records
Expansion highlights2 records
Ashok Iron Group competitors and assessment
Company assessmentDirect peers
- Simplex Castings Ltd: Indian iron and steel casting company with operations concentrated around Belgaum, producing castings and machined components for automotive, pumps, valves, and general engineering customers. Direct geographic and product overlap makes it one of the closest comparable peers for Ashok Iron Group.
- Endurance Technologies Ltd: Listed Indian auto component manufacturer with significant aluminum and iron casting plus in-house machining, supplying two-wheeler and four-wheeler OEMs. Comparable in casting-plus-machining business model, India manufacturing footprint, and diversified end-market exposure.
- Texmaco Rail & Engineering Ltd: Indian heavy engineering group with in-house steel and iron foundry operations serving railways, infrastructure, and heavy industrial customers. Comparable as a vertically integrated Indian foundry-and-fabrication supplier to demanding industrial buyers.
- Kirloskar Ferrous Industries Ltd: Indian producer of pig iron and cast iron products including castings, serving automotive, engineering, and industrial machinery markets. Comparable as an Indian ferrous casting platform with multi-decade operating history and similar end-market mix.
- Brakes India Ltd: Indian automotive component manufacturer producing brake-related cast iron components and machined sub-assemblies for OEMs and tier-1s. Comparable in iron-casting-plus-machining capability targeted at the Indian automotive supply chain.
Broad incumbents
- Mahindra CIE Automotive Ltd: Large Indian automotive component group with multiple casting, machining, and forging facilities serving global OEMs across India, Europe, and the Americas. Comparable as a broader-incumbent Indian casting-and-machining platform with diversified end-market exposure and significantly larger scale.
- Bharat Forge Ltd: India's largest metal-forming (forging) and engineered components manufacturer with adjacent casting capabilities serving automotive, energy, aerospace, and industrial customers. Adjacent metal-processing peer at much larger scale and broader end-market reach.
- Waupaca Foundry: One of the largest iron foundries in the United States (now part of Hitachi Metals), producing iron castings for automotive, agricultural, and industrial customers globally. Comparable as an incumbent iron foundry serving the same end-markets but operating at significantly larger scale and with broader geographic reach.
- Signicast Corporation: US-headquartered precision investment casting company producing cast metal components for industrial, aerospace, and other demanding applications. Comparable as a broad-incumbent precision casting supplier serving industrial OEM customers, though focused on investment castings rather than sand cast iron.
Regional players
- Aisin Automotive Karnataka Pvt Ltd: India-based casting and component operation of Japanese tier-1 supplier Aisin, focused on transmission and drivetrain components. Comparable as a regional Japan-affiliated casting supplier operating in the same Indian geography and competing for similar automotive casting business.
Market position
Strengths3 records
Weaknesses3 records
Competitive moat3 records
Key risks4 records
Key highlights5 records
Customer concentration
Ashok Iron Group social profiles
Digital presenceAshok Iron Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ashok Iron Group leadership team
Management profileNumber of profiles
Profiles1 record
Ashok Iron Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ashok Iron Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ashok Iron Group
What does Ashok Iron Group do?
Ashok Iron Group is a metal casting company that produces and supplies iron castings and machined products. Its offerings target various industrial sectors requiring ferrous cast components and finished machined parts.
When was Ashok Iron Group founded?
Ashok Iron Group was founded in 1974. It employs 1,001 to 5,000 people.
Where is Ashok Iron Group based?
Ashok Iron Group is headquartered in Belgaum, India, in the Asia region.
Who are Ashok Iron Group's main competitors?
Direct peers on record are Simplex Castings Ltd, Endurance Technologies Ltd, Texmaco Rail & Engineering Ltd, Kirloskar Ferrous Industries Ltd and Brakes India Ltd. Broad incumbents are Mahindra CIE Automotive Ltd, Bharat Forge Ltd, Waupaca Foundry and Signicast Corporation. Aisin Automotive Karnataka Pvt Ltd is listed as a regional player.
Does Ashok Iron Group have an API?
No public API is recorded for Ashok Iron Group.
What industry is Ashok Iron Group in?
Ashok Iron Group's product category is Industrial Metal Castings. Its primary akta.pro industry code is IMAKABAD, Steel Casting (Continuous Casting, Ingots, Semi-Finished Slabs/Billets/Blooms). Its NAICS code is 331511 and its SIC code is 3320.