Technocraft Industries (India) Limited, established in 1992 by Mr. S.K. Saraf and Mr. S.M. Saraf, is a diversified company with interests in drum closures, scaffolding, textiles, and garments. Initially focusing on the domestic market, it expanded internationally in 1977, eventually becoming the world's second-largest drum closure supplier. The company leveraged strategic acquisitions, such as Maharashtra Steel Tubes Ltd, to expand its product range and market reach.
Technocraft has further diversified into cotton yarn production, equipped with advanced technology and a captive power plant. Its forward integration strategies have led to the development of high-precision scaffolding systems and garment production. With ten subsidiaries, including international branches in Europe and the USA, Technocraft emphasizes growth through innovation and market expansion. The company entered the capital market in 2007 and continues to evolve, with recent ventures into defense products and new manufacturing units, maintaining a robust presence in both domestic and international markets.
