Xindia Steels Limited is a multinational joint venture partners located in the China , USA and India . The promoters are Xinxing Heavy Industries Ltd, a part of the Xinxing Group of companies, China National Metal Products a part of China Minmetals Corporation, shareholders of Sigma Minmet Ltd, Kelachandra Group and Manasara Group.
Xinxing Group, of which Xinxing Heavy Industries is a part of, is a $11 Billion Xinxing Group of Companies. Xinxing is one of the top 500 corporations in China and Xinxing Ductile Iron Company is listed on the Shanghai Stock Exchange. The company has multi locational manufacturing facilities producing ductile iron pipes, steel plant equipments, steel, petrochemical equipment, Iron ore processing and cement. Xinxing also have state of the art facilities for manufacturing apparel and footwear . Xinxing also has a very large Real Estate Division. Xinxing is the largest Ductile Iron Pipe manufactures in China and second largest in the world and also are the largest Manufacturers of Professional Garments in China .
China Minmetals Corporation, of which China National Metal Products is a part of, is one of the largest global mineral and metal trading companies. Minmetals have over 40 successful joint ventures across the world. China Minmetals Corporation established in 1950, is a large-size international manufacturing and trading group of metals, minerals and electrical products. It is also engaged in finance, real estate, shipping, bidding & tendering, engineering projects and investment. In 1992, as per the decision of the State Council, Minmetals was formed as one of the 55 group enterprises as the first trial batch in the whole country and one of the 7 groups with the authorization to operate the state-owned assets. In 1999, Minmetals was listed among the 44 "key enterprises" managed by the Central Government. In 2007, Minmetals' total revenue reached US $21.8 billion with a profit of $1 Billion.
Sigma Minmet Limited, an Indian company is into infrastructure projects in steel and mineral sectors. SML has registered office in Bangalore and headquarters in Chennai. SML, exclusively offers to India cutting edge technology from Xinxing, in the steel and mineral sectors like blast furnaces, iron ore, beneficiation, pelletization, sintering, ISP etc. SML is closely associated with Sigma Corporation, USA, China Minmetals Corporation and Xinxing Group. SML undertakes LSTK and EPC contracts. SML is also into the supply, servicing and distribution of products for the Indian waterworks Industry.
Manasara Group, founded by Mr. Alex P.J with over 2 decades of experience in infrastructure, metals, telecom, software and hardware has investments in telecom, software, hardware and infrastructure.
Kelachandra Group, which is in business for over 3 decades has established multi location manufacturing facilities in wood processing, machine building and rubber. The group also has business interest in hospitality and real estate business
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