These companies were acquired by the BBTCL in December 2006. They have now been merged with the parent company, The Bombay Burmah Trading Corporation Limited (BBTCL) and operate under the name of 'Electromags', A division of The Bombay Burmah Trading Corporation Limited'. The Bombay Burmah Trading Corporation Limited is a flagship company of the Wadia Group of Companies having other businesses such as Britannia Industries Limited, The Bombay Dyeing & Manufacturing Co. Ltd., National Peroxide Limited, Bombay Realty, Go Air etc.
The Group companies have strategically positioned themselves to succeed in a highly competitive environment. Substantial investments have been made towards modernization of manufacturing processes and expansion of capacities with specific emphasis on quality up-gradation and cost-effectiveness. ELECTROMAGS has been a standing example of continuous improvement, a concept that has given it a proud past and a Glorious future it can look forward to, with confidence & pride.
ELECTROMAGS technology up-gradation is a continuous process. This mission to be a contemporary has been internationally recognized with certifications of IATF 16949.
ELECTROMAGS multi-faceted & fully-integrated production facilities from its core strength in manufacturing, coupled with a strong Engineering set-up which has continuously enhanced the competitiveness of the company in domestic and export markets. ELECTROMAGS is one of the preferred choices of leading OEMs in the Automotive, White Goods, ATM manufacturers and General Engineering segments.