Taparia Tools Ltd (TTL) was established in the year 1965 by the House of Tapriya and began a venture to manufacture hand tool with a technical collaboration with a highly reputed hand tool manufacture of Sweden. TTL continues to hold a major share of the market for its ranges of product going up 80% for some of its product. In 1966 the company was promoted as a limited company and made its initial public offer.
The company is engaged in manufacturing and supplying of carpentry, woodworking tools, electrical, lamps & lighting, elora tools, engineering & workshop tools, gardening tools & equipment hand tools, hand & allied tools, etc.
TTL is professionally managed company. The motive force behind the operation of the company is it board of director headed by its present chairman & managing director NTaparia. He is mainly responsibly of propelling the company its present the position.
Financial Performance:
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Product Portfolio:
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Market Presence and Distribution:
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Competitive Landscape:
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Manufacturing Capabilities:
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Growth Prospects:
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Management Team:
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Industry Outlook:
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Risk Assessment:
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Products manufactured by the company includes:
- Spanners: Taparia manufactures a range of spanners, including combination spanners, double open end spanners, ring spanners, and adjustable spanners.
- Pliers: The company produces various types of pliers, such as combination pliers, long nose pliers, side cutting pliers, water pump pliers, and slip joint pliers.
- Screwdrivers: Taparia offers a diverse selection of screwdrivers, including flat head screwdrivers, Phillips screwdrivers, Torx screwdrivers, and precision screwdrivers.
- Wrenches: Taparia manufactures different types of wrenches, including adjustable wrenches, pipe wrenches, socket wrench sets, and hex key sets.
- Hammers: The company produces a range of hammers, including claw hammers, ball pein hammers, cross pein hammers, and rubber mallets.
- Chisels: Taparia manufactures chisels for various applications, including cold chisels, cape chisels, diamond point chisels, and flat chisels.
- Vices: The company offers bench vices and drill press vices that are used for holding and securing workpieces during operations.
- Tool Kits: Taparia produces tool kits that include a combination of essential hand tools, such as spanners, screwdrivers, pliers, wrenches, and other tools.
- Measuring Tools: The company manufactures measuring tools such as tape measures, measuring tapes, calipers, and precision rulers.
- Tool Storage: Taparia offers tool storage solutions, including toolboxes, tool cabinets, and tool bags, to help organize and transport tools.
Major events and milestones of Taparia Tools Limited
Here are some significant events and milestones that the company has achieved:
- Foundation: Taparia Tools Limited was founded in 1965 by Shri Lalvendra Kumar Taparia in Mumbai, India.
- Product Range Expansion: Over the years, Taparia Tools Limited has expanded its product portfolio, offering a comprehensive range of hand tools, including spanners, pliers, screwdrivers, wrenches, hammers, chisels, vices, and toolkits.
- Manufacturing Facilities: Taparia Tools Limited has established state-of-the-art manufacturing facilities equipped with modern machinery and technology to ensure efficient production processes and high-quality hand tools.
- Research and Development: The company has invested in research and development activities to enhance product design, functionality, and durability. This focus on innovation has allowed Taparia Tools to continually improve and introduce new products in the market.
- Quality Standards: Taparia Tools Limited has implemented stringent quality control measures throughout its manufacturing processes. The company has obtained ISO 9001 certification for its commitment to quality management systems.
- Market Presence: Taparia Tools Limited has achieved a strong market presence in India and has become one of the leading manufacturers of hand tools in the country. The company has established a wide distribution network to cater to diverse customer segments, including industrial, automotive, construction, and household sectors.
- Export Market: Taparia Tools Limited has expanded its footprint beyond India and has successfully entered international markets. The company exports its hand tools to various countries worldwide, gaining recognition and establishing a global presence.
- Customer Focus: Taparia Tools Limited has prioritized customer satisfaction by delivering reliable, durable, and high-quality hand tools. The company has focused on understanding customer needs, providing excellent service, and maintaining long-term relationships with its customers.
- Continuous Growth: Taparia Tools Limited has demonstrated consistent growth over the years, driven by its commitment to quality, product innovation, and customer-centric approach. The company’s strong market position and sustained revenue growth have solidified its reputation in the hand tools industry.
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