- Business
- Goyal Aluminiums Limited operates primarily in the manufacturing and trading of aluminum products. The company offers a comprehensive range of aluminum sheets, coils, sections, grills, chequered plates, angles, rods, and other aluminum profiles. In addition to aluminum products, Goyal Aluminiums also deals in related industrial supplies including vulcanized rubber profiles, steel fasteners like screws, bolts, nuts, rivets, and printing machinery components. The company serves diverse industries such as automobile, manufacturing, printing, and construction across India. Founded in 2017 and headquartered in New Delhi, it also engages in distribution and wholesale activities for its product lines.
In the last two years, Goyal Aluminiums has made a significant strategic expansion by entering the electric vehicle sector through its subsidiary Wroley E India. This venture focuses on manufacturing electric and mild-speed range scooters targeting the Indian two-wheeler market, aligning with government sustainability initiatives. The company has established dealer networks in North India with plans for a nationwide expansion and is in the process of acquiring industrial land in Greater Noida for a new manufacturing facility dedicated to this segment. This pivot marks a notable diversification from its core aluminum business, reflecting a strategic shift towards clean energy and transportation solutions.
Goyal Aluminiums remains active in its core aluminum business, continuously reporting its financials and board decisions on corporate governance and remuneration. The company operates primarily in India but maintains ambitions for extensive commercial reach, leveraging manufacturing and trading capabilities across multiple materials and products. It targets industrial sectors that require high-quality aluminum solutions and has expanded its service offerings to include supporting infrastructure for its new electric vehicle manufacturing venture.
The company is listed on Indian stock exchanges with the ticker GOYALALUM.BO and continues to focus on growth through product diversification and strategic partnerships in emerging technology sectors. Its integrated business model spans manufacturing, wholesale distribution, and retail, positioning it as a versatile player in metals and emerging electric mobility sectors in India.
Overall, Goyal Aluminiums Limited combines its legacy aluminum product manufacturing with innovative ventures into electric vehicle manufacturing to capitalize on evolving market demands and sustainability trends in India. This combination reflects its comprehensive approach to industrial supply and green technology expansion.