From a humble beginning of 15 people and an investment of Rs2 crore, partially self-funded and remaining from borrowings in 2014, Bharat Gite, Founder, and CEO of Taural India, has established himself as a leading figure in the aluminium casting industry. Gite now leads a team of 750 people. The company produces high-quality, made-to-order aluminium castings for a wide range of industries, including Energy, Defence, Marine, Aerospace, Mobility, and Healthcare. Talking about his entry into the aluminium casting business, Gite explains: “The casting business is a less capex-intensive industry, and having no business background, I thought that this is the most important field. Even in Europe, fewer people were working in the foundry, and they were not getting the required workforce. I thought this was the opportunity for me to enter this business. I was ready to work on the shop floor. I keep talking to forums about the fact that aluminium is a metal that some of the developed countries have mentioned as the metal of the future.” Looking back, Gite, with an engineering degree from the College of Engineering in Pune, a Master’s degree from the Technical University of Aachen in Germany, and an Executive Master’s from Harvard Business School, gained valuable experience working with global names such as Mahle GmbH and BMW in Germany. While working in Germany, Gite decided to start something from India. He believed in utilising his expertise in the field gained in Germany and giving back to the community, industry, academia, and the industry. As President of the Alumni Association of the College of Engineering Pune, Gite has played a vital role in forging an MoU agreement with RWTH Aachen University in Germany for a student and faculty exchange program and has organised multiple business delegation visits from the German Federal States to promote cross-border collaboration. Upon returning to India, Gite started his first company, G&B Metalcasting, in 2014 and established it as a leading supplier of high-quality aluminium alloy products to clients in Europe. Taking the success story forward, Gite founded Taural India in 2016 as a joint venture with Thoni Alutec, a market leader in aluminium casting technology based in Germany and Poland. An investment of Rs300 crore was brought as foreign direct investment (FDI) from Europe for a new plant to enable the local industry to access the best technical expertise, products, and vision for aluminium castings. Today, Taural India is a premier maker of specialised non-standardised, made-to-order aluminium castings. “We are on a mission to make India the global hub of aluminium casting manufacturing,” says Gite. The plant is located at MIDC, Chakan, Pune. Green and clean future In 2021, aluminium production in India hit a record level of 3.96 million metric tonnes. However, India’s aluminium consumption stands at just 2.7kg per capita vs the global average of 11kg per capita. Aluminium’s high strength-to-weight ratio and enhanced energy efficiency have made it a popular choice in the Indian industry. Aluminium produces less emissions and is energy-efficient in its processing and applications, reducing the carbon footprint during its lifecycle. Currently, everyone is talking about lightweight vehicles; however, an aluminium one is three times lighter than ferrous steel or cast iron, giving a more maintenance-free vehicle. Be it in mobility like rail, road, air, or marine; all the bases have less weight, less fuel consumption, less corrosion exposure, less maintenance, and more life.
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Gite: we are on a mission
