- CEO
- Prasad Madhukar Chavare
- Full Time Employees
- 220
- Sector
- Process industries
- Industry
- Chemicals: major diversified
- Address
- Gat Nos. 922 and 923 Pune MA India 412208
- IPO Date
- May 19, 2000
- Business
- Foseco India Limited manufactures and markets foundry consumables, additives and equipment for ferrous and non-ferrous foundries in India. The company offers insulating and exothermic feeding systems; filters for liquid iron, steel and aluminium; direct pour technology; solidification simulation software; non-ferrous metal treatment and degassing systems; metal stream inoculation products; advanced coatings; environmentally friendly binders; lining systems for ladles and furnaces; and energy-saving crucibles. Foseco India serves automotive, tractor, general engineering, valves, power and railway sectors, with manufacturing facilities at Sanaswadi near Pune and Puducherry. Incorporated in 1958 as a joint venture between Greaves of India and Foseco of the UK, the company maintains its headquarters at Gat Nos. 922 & 923, Sanaswadi, Shirur Taluka, Pune, Maharashtra. A subsidiary of Vesuvius plc through Foseco Overseas Limited, Foseco India completed the acquisition of 75% equity stake in Morganite Crucible (India) Limited from Morganite Crucible Limited and Morgan Terrassen B.V. on November 12, 2025, making it a subsidiary and expanding exposure to non-ferrous crucibles and the Indian market; the deal involved preferential allotment of approximately 1.15 million equity shares to the sellers. In conjunction with Vesuvius plc, the company participated in the acquisition of Morgan Advanced Materials' global Molten Metal Systems business, announced August 22, 2025, enhancing its non-ferrous portfolio through issuance of new shares valued at £55.8 million. The company expanded metallurgical chemicals capacity to 24,830 tonnes amid strong revenue growth.