BIPICO Industries

What BIPICO Industries does

BIPICO Industries (Tools) Pvt. Ltd. is an Indian family-owned manufacturer of industrial cutting tools, founded in 1974 and headquartered in Mumbai with a manufacturing plant in Bilimora, Gujarat, and an overseas branch in Ajman Free Zone, UAE. The company produces a diversified portfolio of more than 2,000 SKUs spanning hacksaw blades (hand and power, including All Hard HSS, Bimetal, and Low Alloy Steel variants), bimetal bandsaw blades (M42 and M51 grades in Plus, Premium, Flex, Extreme, Ultima, Fastcut, Forgecut, Grindcut, and carbide-tipped variants), carbon bandsaw blades, hole saws, tool bits (M2/M35/M42/T42 grades), hacksaw frames, TCT and HSS annular cutters, abrasives (cutting wheels, grinding discs, flap discs, fiber discs), carbide-tipped circular saw blades, steel files, and tension-meter accessories. Underlying capabilities include a fully-automated CNC plant using imported European machinery, controlled-atmosphere heat-treatment furnaces, an in-house R&D laboratory for raw-material through finished-product testing, and proprietary tooth-geometry designs for cutting, grinding, drilling, filing, polishing, deburring, and turning applications.

BIPICO pioneered bimetal hacksaw blade manufacturing in India in 1994 and became the first domestic producer of bimetal bandsaw blades in 2001, an import-substitute category in which it remains one of only two Indian manufacturers. The company is ISO 9001:2015 TUV certified, holds the Government of India Star Export House certification (valid through 2026), and is registered as an MSME.

Revenue is generated through hardware sales of manufactured cutting tools, distributed in India via 250+ direct channel partners supported by 40+ on-field engineers, and internationally via direct export to more than 25 countries across North America, South America, Europe, the Middle East, Africa, and Asia Pacific. Customer segments span MSMEs as the primary base, large industrial manufacturers, and government bodies, with use cases ranging from general metalworking to construction and infrastructure. Ownership has remained with the Patel family since inception (founder Shri Kanubhai Patel; current Chairman and Managing Director Shri Pramit Patel), with no disclosed external equity funding, acquisitions, or subsidiaries.

Name

BIPICO Industries

Legal name

BIPICO Industries (Tools) Pvt. Ltd.

Website

https://www.bipico.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

11–50 employees

Short description

BIPICO Industries is an Indian family-owned manufacturer of industrial cutting tools — bimetal and carbon bandsaw blades, hacksaw blades, hole saws, annular cutters, abrasives, and tool bits — sold through 250+ channel partners in India and exported to 25+ countries, serving MSMEs, large manufacturers, and government buyers.

Ownership category

akta.pro rank

Product category

Industrial Cutting Tools

NAICS

Cutting Tool and Machine Tool Accessory Manufacturing (333515), Saw Blade and Handtool Manufacturing (332216), Abrasive Product Manufacturing (327910)

SIC

Machine Tools, Metal Cutting Types (3541), Abrasive, Asbestos & Misc Nonmetallic Mineral Prods (3290)

akta.pro primary industry

Metal Cutting Tools, Tooling & Workholding (Cutters, Inserts, Chucks, Fixtures) (IMAHADAB)

akta.pro secondary industry

Industrial Saws & Cutting Systems (Band/Circular Saws, Abrasive Cutting) (IMAHADAL)

Keywords

• Industrial cutting tools
• Bimetal bandsaw blades
• Hacksaw blades
• Metal cutting tools
• Hole saws

Headquarters

HQ city

Bilimora

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Industrial Cutting Tools Manufacturing and Sales: BIPICO generates revenue through manufacturing and selling a comprehensive range of industrial cutting tools including bimetal bandsaw blades, hacksaw blades, carbon bandsaw blades, hole saws, tool bits, circular saws, and abrasives. The company sells through direct channel partners across India and exports to international markets.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

BIPICO Industries manufactures and sells industrial metal cutting tools, including bimetal bandsaw blades (M42 and M51 grades), hacksaw blades, carbon bandsaw blades, hole saws, tool bits, annular cutters, circular saw blades, abrasives, and steel files. The company produces these at a fully-automated CNC plant in Bilimora, Gujarat, and distributes them through 250+ direct channel partners across India and exports to more than 25 countries globally.

Product overview

BIPICO Industries is a manufacturer of industrial cutting tools with a diversified portfolio of over 2,000 SKUs. The product lineup centers on Hacksaw Blades (hand and power variants including All Hard HSS, Bimetal, and Low Alloy Steel types), Bimetal Bandsaw Blades (featuring M42 and M51 grades in Plus, Premium, Flex, Extreme, Ultima, Fastcut, Forgecut, Grindcut, and specialty variants like Alumina, Alucast, and Carbide Tipped), and Carbon Bandsaw Blades (MCB). Supporting products include Hole Saws (Universal, Precision, HSS M2 grades with arbors and kits), Tool Bits (Square, Round, Rectangular, Cut-off in various HSS grades), professional Saws and Frames (Tubular, Rectangular, Adjustable, Fix Type), Annular Cutters (HSS and TCT), Abrasives (Cutting Wheels, Grinding Discs, Flap Discs, and specialty products), Circular Saw Blades (Carbide Tipped), and Steel Files. The company operates a fully-automated CNC plant with European-imported machinery and maintains ISO 9001:2015 certification.

Differentiator

Problem solved

Functional benefit

Products and services

• Hacksaw Blades Hand and power hacksaw blades including All Hard HSS, Bimetal HSS, Low Alloy Steel, Junior, and PATA/Planner variants for various cutting applications in industrial and professional settings.
• Bimetal Bandsaw Blades M42 and M51 grade high-speed steel bimetal bandsaw blades for precision cutting of metals including stainless steel and tool steels. Product line includes Plus, Premium, Flex, Extreme, Ultima, Fastcut, Forgecut, Grindcut, Alumina, Sawpro Timber, Alucast, and Carbide Tipped variants.
• Carbon Bandsaw Blades (MCB) Flexible carbon steel bandsaw blades for versatile metalworking applications, providing clean and fast cuts with long-lasting sharpness.
• Hole Saws HSS M42 and M2 grade hole saws for creating precision holes in various materials, available in Universal, Precision, and standard grades with arbors and complete kits.
• Tool Bits Precision-engineered tool bits in Square, Round, Rectangular, and Cut-off configurations with various grades (M2, M35, M42, T42) including cryogenic treatment options.
• Saws and Frames Professional hacksaw frames (Tubular, Rectangular, Adjustable, Fix Type) and specialty saws including Pallet Dismantling, Reciprocating, GP DIY, Air Saw, Junior, and Handy Wire Saw blades.
• Annular Cutters HSS and Tungsten Carbide Tipped (TCT) annular cutters for precision drilling with Weldon and Universal shanks, suitable for magnetic drilling machines and drill presses.
• Abrasives Complete range of abrasives including Cutting Wheels, Grinding Discs, Flap Discs, Aluminum Oxide Fiber Discs, Velcro Discs, Non-Woven Pads, Resin Metal Cloth Tape Rolls, Marble Cutters, and Mop Wheels.
• Circular Saw Blades Carbide Tipped Circular Saw Blades (Throw Away type) for metal cutting including Cermet and PVD-coated variants for steel and stainless steel applications.
• Steel Files Supercut Steel Files for filing, sharpening, and polishing applications on metals, granite, tiles, and other materials.

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• European Raw Material SupplierscoreOthersBIPICO sources finest quality raw materials from European suppliers, conforming to International Standards, for manufacturing high-performance cutting tools.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Addison & Co: India-based industrial cutting tools and hand tools manufacturer with a broad portfolio of hacksaw blades, files, and machine shop consumables, competing head-to-head with BIPICO in the Indian MSME channel.
• Wendt (India): Indian subsidiary of Wendt Group manufacturing super-abrasives, grinding wheels, and cutting tools — directly comparable to BIPICO's abrasive and precision cutting tool portfolio for industrial customers.
• Forbes & Company (Cosmic / cutting tools division): India-based manufacturer with a long-standing cutting tools and files business, sharing BIPICO's MSME-focused channel model and competing in hacksaw blades and metal cutting consumables.
• Miranda Tools: Indian manufacturer of hand tools, hacksaw blades, and cutting tools serving similar industrial and MSME customers through dealer networks across India.

Broad incumbents

• Sandvik Coromant: Global leader in metal cutting tooling; while much larger and broader than BIPICO, it competes directly on bimetal bandsaw blades, inserts, and turning tooling for the same industrial customers in India and BIPICO's export markets.
• Kennametal: Global manufacturer of metalworking tooling, including bandsaw blades and industrial cutting tools, with a substantial India presence that competes with BIPICO for large industrial accounts.
• Walter Tools (Walter AG): Germany-based precision tooling company offering sawing, turning, and drilling solutions — a premium-tier competitor to BIPICO's bimetal bandsaw and turning tool lines in export markets.
• OSG Corporation: Japanese global manufacturer of taps, end mills, and metal cutting tools that overlaps with BIPICO in industrial tooling categories and competes for export accounts in Asia and beyond.
• Stanley Black & Decker: Global giant in hand tools and cutting accessories — overlaps with BIPICO in hacksaw blades and DIY/professional cutting tools through retail and industrial channels worldwide.
• L.S. Starrett Company: US-based manufacturer of precision tools, saw blades, and metalworking products that competes with BIPICO in bandsaw blades and industrial cutting consumables globally.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/bipico-industries

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BIPICO Industries