Established in the year 2003, Sunvik Steels is the first integrated Steel Plant in Tumkur District, Karnataka spread over an area of 60 acres. It is one of the very few Greenfield projects that was completed, and started production within a record time of less than 10 months. Having started production in 2004, Sunvik Steels today has a production capacity of 120,000 MT. Further as a forward integration expansion, an Induction Furnace of capacity 60,000 MT and a Re-rolling mill of capacity 75,000 Mt was set up in 2005.
This phenomenal growth in record time of 4 years probably is the first ever in South India. Sunvik Steel is certified with Evcon Turbo Technology to produce TMT (415 grade) bars to mainly cater to the construction industries. The TMT bars with Sunvik TMT brand is ISI certified and has gained immense recognition for its quality and customer satisfaction, thus carving a niche for itself in the market without compromising on the eco-friendly environment.
As a socially responsible organization, in 2008 the company has invested more than 65 crores (USD 15 Million) to set up a waste heat recovery captive power plant (10 MW) which will reduce the Green House Gas Emissions.
Sunvik Steels is a modern steel making industry combined with the lasted integrated facilities. The industry is managed by trained engineers, technicians and excellent management skills, dedicated to the task of manufacturing quality steel products and offering value for money to the end users.
Driven by a dynamic management team with rich experience in the steel manufacturing industry, Sunvik Steels is building strength based on a foundation of long term customers. While the company is focused in the pursuit of its operational goals, it is also committed to being a good corporate citizen. Sunvik Steels extends support to the economically underprivileged not by charity but by strengthening and empowering them with expertise, training and knowledge. Since its inception in 2003, the company has directly and indirectly facilitated the surrounding villages in terms of improvements in transport, road developments, enhancing the local standard of living.
Today, the company is proud that it has provided employment to more than 1000 people from the district of tumkur alone.