Flat Products Equipments (I) Limited is a well established profit making company. The Company is a leading manufacturer of Cold Rolling Mills, Galvanising Lines and associated equipments in India. The Company is also in field of consultancy, especially for steel industry since past two decades. FPL is amongst the leaders in industry segment in India with sales for 1994-95 exceeding Rs.6,000 lacs. The Company has its manufacturing unit at MIDC Taloja and Bhandup, Bombay. The Company enjoys various working capital limits, asset credit facility and term loan facilities under world bank refinance scheme from it's bankers, Canara Bank and from ICICI. The Company was promoted by Mr. T.R. Mehta Metallurgical Engineer, presently Chairman & Managing Director of the company. At present the company has collaborations with T. Sendzimir Inc., U.S.A for manufacture of Cold Rolling Mills for ferrous and non-ferrous metals, Achenbach Buschutten GMBH, Germany for manufacture of Aluminium strip and foil Mills, Bliss-Salem Inc., U.S.A for manufacture of 4 Hi Cold Rolling Mills for mild steel, Redex, France for manufacture of Stretch Levelling equipment and Durmech Engineering Limited, UK for Paint Coating Lines. These collaborators are world leaders in their respective fields. FPL is the only Indian Company with capabilities for designing, fabrication and installation of CR Mills. FPL competes mainly with international companies like Hitachi of Japan, SMS of Germany, United of USA and Davy of England. However, FPL enjoys significant price advantage over international competitors on account of India's labour cost advantage which results in the price quoted by foreign companies being two or three times the FPL price for comparable technology and performance. With proven capabilities, having supplied mills in India and outside, FPL thus has a strong competitive edge. Due to the fact that Company has access to latest technology in its fields and a lower cost as compared to its competitors in West, the Company has export potential for its product and has export orders on hand. The Company manufactures and exports metal processing equipment which is an import substitute. FPL has installed over 110 rolling mills and associated lines in India and 10 abroad. The Company is negotiating for exports to many developed countries like U.S.A., Germany, U.K. and other Asian countries. Company and its affiliates have already exported equipment to Germany, South Korea, U.S.A., Switzerland, Austria, Kenya and Singapore. The Company lays tremendous emphasis on after sales service and a lot of orders are REPETITIVE. The Company expects repeat orders from its overseas clients in the future. Absorption of technology by research and development and design departments of the Company is demonstrated by the fact that in the year 1990, Company had exported a mill to U.S.A., to its collaborator, worth Rs.13.5 million. The collaborator has expressed interest in purchasing two more mills from the Company in near future. The Company is also exporting Cold Rolling Mill and Galvanising Line to Indonesia, for over Rs.25 Crores which has to be delivered by March 1996. The details of the exports orders are as follows: NAME OF THE CUSTOMER ITEMS M/S. PT INDUSTRI BAJA BERLIAN I) CONTINUOUS HOT DIP J1, KE BELAWANT KM 10.5, GALVANISING LINE KAWASAN INDUSTRI MEDAN, SUMATERA UTARA, II) 4-HI REVERSING COLD INDONESIA ROLLING MILL NAME OF THE CUSTOMER PRICE DELIVERY (RS. CRORES) M/S. PT INDUSTRI BAJA BERLIAN 1085 MARCH'96 J1, KE BELAWANT KM 10.5, KAWASAN INDUSTRI MEDAN, SUMATERA UTARA, 1880 MARCH'96 INDONESIA Equipments made by the Company are of international quality and the Company is receiving continuous inquiries from international markets. The Company is quite hopeful about future exports due to its sophisticated technology, competitive price, timely delivery and efficient after sales services. The Company's major customers in India for Metal Processing Equipment are Companies like Special Steels Limited, Pennar Aluminium Co. Limited, Jindal Strips Ltd,. Uttam Steels Ltd., Atma Steels Ltd, Comet Steels Ltd., Lloyd Metals Ltd., Bhushan Industries, SWIL Ltd., Avery Cycles, Lloyd Steels Ltd and Raymonds Steel and many other industrial houses. Its experience, reputation and goodwill in the domestic and international market has helped it in expanding the local Market. With its experience, technology, manufacturing facilities, design, research and development team and excellent sales force, the Company is confident about its future expansion. The company is known throughout the world as a builder and exporter of high quality Cold Rolling Mills & equipment for the ferrous and non ferrous industry. Experience of more than two decades in engineering and building custom designed rolling mills and auxiliary equipment to meet individual customers' specific requirements has made the company one of the largest rolling mill builders in the country today. 2001- Flat Products Equipments (India) Ltd has informed BSE that at the Annual General Meeting of the Company held on September 28, 2001 the members have approved dividend of 25% per share (Rs 2.50 per share of Rs 10/-) 2004 -Flat Products gets $40 million order from China plant 2005 -Flat Products secures prestigious order from Lotus Joint Stock, Vietnam 2008 - Company name has been changed from Flat Products Equipments (India) Ltd to CMI FPE Ltd. 2009 - CMI FPE Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 30, 2009, inter alia, Mr. Raman Madhok has been appointed as an additional director of the Company to hold the office up to ensuing Annual General Meeting. 2010 -CMI FPE - Order Book continues to grow for CMI FPE Ltd -CMI FPE Awarded New Contract From "ASIAN COLOUR COATED ISPAT LTD." -CMI FPE has entered into an agreement with CORPACERO CORPORACION DEACERO., BOGOTA, COLOMBIA -CMI FPE to supply a 300,000 t/y capacity Cold Rolling Mill Complex to Bhushan Power & Steel -CMI FPE Ltd. to supply major equipment for the first Cold Rolling Complex in Uganda 2011 -CMI FPE LTD. Inked Two New Orders for Supply of Processing Lines in India and Togo -CMI FPE Ltd. to supply a Cold Rolling Mill Complex to Kam Industries (Nigeria) Ltd. 2012 -CMI FPE doubles its production capacities by opening its new Center of Excellence for Cold Rolling Mills Manufacturing in Taloja (India) -CMI FPE to supply a 6 Hi Reversing Cold rolling Mill to Tezcan Galvaniz A.S., Turkey -"CMI FPE to supply seven major steel equipments to Bhushan Steel" -CMI FPE inks second contract with Turkey’s Tezcan Galvaniz A.S. 2016 -"CMI inks contract with Jindal (India) Ltd. for the supply of two new Processing Lines". 2020 -Company name has changed to John Cockerill India Ltd. from CMI FPE Ltd.. 2023 -John Cockerill Delivered Its First Equipment For One Of India's Leading Steelmaker's New Continuous Galvanizing Line. -John Cockerill India Receives Final Acceptance For The Cold Rolling Mill And Continuous Color Coating Line Supplied To Jindal (India) Ltd. -The Tinplate Company Of India Has Awarded The Contract For The Supply Of A Continuous Annealing Line To John Cockerill. 2024 -Jindal (India) Limited and John Cockerill India Limited Ink Supply Agreement For Colour Coating Line; Partnership to Boost JIL's Annual Production Capacity. -John Cockerill India Limited and Steel Authority of India Limited (SAIL) Sign MoU to Advance Green Steel Solutions in India. -John Cockerill extends its Metals product portfolio to Iron & Steel Making in support of the steel value chain's decarbonization efforts.