About Us

We are the leading manufacturer and exporter of Industrial Magnet, Bonded Permanent Magnets, Sensor Magnet, Flexible Magnetic Sheet, Magnetic Labels, Magnetic Strips And Tapes etc. These components are widely demanded due to superior performance, high efficiency, long life & dimensional accuracy.

The manufacturing facility to produce plastic bonded permanent magnets will continue as it is. MTI has its own Quality Assurance Laboratory comprising, inter alia, permagraph (B-H curve tracer), computerized measurement devices to measure magnetic surface induction and flux densities in plain and round magnets at different air gaps.

With the set-up of our new plant here in Pune, India in 1991 we can provide specific customer (order customized) solutions. The excellent quality and outstanding piece-to-piece uniformity of our production comply with highest international standards. From idea to serial production stage, the magnets are developed by Research & Development, Design & Engineering and Quality Assurance in close cooperation with our customers and in accordance with their specifications and requirements.

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Company Profile

Basic Information

Nature of Business	Exporter and Manufacturer
Company CEO	Rajashree Gagare
Registered Address	Magnaplast Technologies (India) Private Limited Block J174/1, M. I. D. C., Bhosari MIDC, Pune- 411 026, Maharashtra, India
Total Number of Employees	26 to 50 People
Year of Establishment	1991
Legal Status of Firm	Limited Company (Ltd./Pvt.Ltd.)
Annual Turnover	Rs. 25 - 50 Crore

Trade & Market

Export Percentage

20-40%

Infrastructure

Location Type	SEMI-URBAN
Building Infrastructure	Permanent
Size of Premises	6000 square feet

Company USP

Quality Measures / Testing Facilities

Statutory Profile

Import Export Code (IEC)	03920*****
Tan No.	PNEM0*****
Banker	INDUSIND BANK INDUSIND BANK
GST No.	27AAACM9011C1ZX
CIN No.	U99999MH1991PTC063433

Packaging/Payment and Shipment Details

Customized Packaging	No
Payment Mode	Cash DD Online Bank Transfer
Shipment Mode	By Road By Cargo

ISO Certification

ISO 9001 : 2015

Awards and Achievements

Awards

Aim/Mission/Vision

•Vision:

•Mission:

•Competitive edge:

We are also looking forward to increase our production capacity by 100% within six months and establish an in-house tool cell. To maintain our competitiveness, we regard quality as our prime focus and plan to reach single-digit PPM levels of rejection in the next three years.

Customization

We provide our clients with facility of customization of products as per specifications of our clients. This has allowed us to build an extensive customer base across regions like India, Germany & UK. We also package our products as per our clients’ requirements which ensure safe delivery of our products.

Our Team

We have a skilled and experienced workforce which form the backbone our company. Our staff comprises of engineers, R&D experts, technocrats, quality analysts, administrators and sales representatives. Our engineers, R&D professionals and technocrats are trained by our holding company in Germany. Further, we periodically conduct training sessions at our premises to update our staff with latest advancements in technology and enhance their knowledge & skills.

Number of employees:

Management: 3
Quality: 2
R&D: 2
Admin: 3
Skilled / Technical: 15
Semi Skilled: 5
Unskilled: 2
Others: 3

Why Us?

We are the only Indian firm who possess skills, knowledge and expertise in isotropic & anisotropic flexible bonded and injection moulded magnets. Other reasons which puts above the rest are: