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Atlas Copco India Ltd

Atlas Copco (India) Ltd, established in 1960, we provide our customers with the solutions they need to enhance productivity and achieve their manufacturing goals. We are a part of the Atlas Copco Group, a world-leading provider of sustainable productivity solutions with extensive local presence, specializing in Industrial Power Tools, Material Removal Tools, Hydraulic torque tools and Assembly solutions for a wide range of industry segments including general engineering, aerospace, automotive, manufacturing and process industries, oil and gas, construction, food and beverage, Chemical, among others.

 

The other business areas of Atlas Copco group also provide Compressed Air and Gas Solutions, Construction Equipment and Portable Energy products throughout the globe. Our nationwide service personnel are always close at hand to provide repairs, service and spare parts locally with state-of-the-art manufacturing facilities today at Pune. The company has a global engineering competency centre at Pune which provides engineering and design services globally.

Factsheet

Basic Information

Nature of BusinessManufacturer
Company CEOMats Rahmstrom
Total Number of Employees1001 to 2000 People
Year of Establishment1960
Legal Status of FirmLimited Company (Ltd./Pvt.Ltd.)
Annual TurnoverRs. 1000 - 5000 Crore

Statutory Profile

Tan No.PNEA0*****
BankerDeutsche BANK
GST No.27AAACA4074D1Z2
CIN No.U27106PN1960PLC020566

Packaging/Payment and Shipment Details

Payment Mode
  • Cash
  • Credit Card
  • Cheque
  • Online
Shipment ModeBy Road

About The Company

Atlas Copco is a global, industrial company based in Stockholm, Sweden, with approximately 37 000 employees and customers in more than 180 countries. We are pioneers and technology drivers, and industries all over the world rely on our expertise. Our market-leading compressors, vacuum solutions, generators, pumps, power tools and assembly systems can be found everywhere.

As a truly global company, we have a diverse group of talent that provides fresh ideas on how to best serve our customers. By listening to our customers and analyzing their needs, we continuously set new industry standards together.

Compressor Technique
We provide market-leading, highly energy-efficient industrial compressors, gas and process compressors and expanders, air and gas treatment equipment and air management systems. Customer segments that benefit from our innovative solutions include the manufacturing, oil and gas and process industries.

Vacuum Technique
We provide innovative vacuum products, exhaust management systems, valves and related equipment. Our leading solutions adds value to customers in the semiconductor and scientific instrument sectors as well as to customers in a wide range of industrial segments such as chemical process industries, food packaging and paper handling.

Industrial Technique
We produce and market industrial power tools and systems, assembly solutions, quality assurance products, software and services. Customer segments that enjoy higher productivity through Industrial Technique’s innovative solutions include the automotive and general industries, maintenance and vehicle service.

Power Technique+ Read More

Our Vision & Mission

Atlas Copco’s vision is to become and remain First in Mind – First in Choice of our customers and other stakeholders. Our mission is to achieve sustainable, profitable growth. This means that we do everything we can to create lasting results while safeguarding people, profit and the planet.

Our focus areas are complemented by five strategic pillars for growth

People
Attract and develop qualified and motivated employees as well as create equal opportunities for a professional career.

Innovation
Invest in research and development and continuously launch new products and service that increase customers' productivity.

Presence
Increase market presence and penetration, and expand the product and service offering in selected market segments.

Operational excellence
Continuously strive for improved operational performance with an efficient and responsible use of resources - human, natural and capital.

Service
Increase the service offer, perform service for a larger proportion of the products we sell, and thereby give customers peace of mind.

Our core values – interaction, innovation and commitment, reflect how we behave internally and in our relationships with external stakeholders.

Our principle of decentralized responsibility
Atlas Copco is a decentralized Group consisting of independent divisions, organized into four business areas. The main role of a business area is to develop leading technology within its business scope and to follow up on objectives and strategies. This also includes people, environmental and social performance. The divisions are our highest operational entities with their own profit responsibility. They are in charge of product development, manufacturing, marketing and sales. Each business area also has one or more dedicated service divisions. The divisions generally conduct business through local customer centers and designated product companies.+ Read More

Corporate Social Responsibilities

Corporate Social Responsibilities
Water for All is run on a voluntary basis by employees within the Atlas Copco Group and the Epiroc Group. The basis for our funding comes from voluntary employee donations, which are matched two times by either company. 100% of this money goes to funding projects that give people in need access to clean drinking water, sanitation and hygiene. The actual projects are carried out by partnering NGOs with expertise in water and with local staff in the project country.

Water for All is the Atlas Copco Group’s main community engagement initiative. Through the dedicated and passionate work of volunteering employees, Water for All funds projects which empower people through access to clean drinking water, sanitation and hygiene. Since 1984 we have reached more than 2 million people worldwide.

Water for All is very close to the hearts of our employees. It was founded in Sweden in 1984 by Atlas Copco employees Peter Håkansson and Torgny Rogert and has continued to spread across the world ever since. At the center lies the strong belief that clean water is a human right and all voluntary employee donations to this cause are matched by twice the amount by the company. The received funds are used to support projects which give people in need access to clean drinking water and improved facilities for sanitation and hygiene.
Project Jaldoot

Water for All’s Jaldoot project in the state of Maharashtra in India has been undertaken in cooperation with partner organization Sevavardhini. The Hindi word ‘Jaldoot’ literally means ‘water messenger’.

The project revolved around a number of villages in Maharashtra. This semi-arid region is drought-prone and has seen a number of tragic farmer suicides in the past years, due to recurrent low rainfall. These have also resulted in the depletion of ground water, which is the major source of water, especially for drinking. Water for All India took on the challenge to make a difference to the community, identifying more than 27 villages, with a total population of around 50,000 people. Provision of drinking water is the project’s main deliverable but also to initiate and foster community-developed water resource development and conservation plans. This is meant to help reduce over-dependency on the monsoon for agriculture, which is the region’s main source of employment and income. In concrete output 30 practical interventions have been done, such as repairing or preparation of bunds and different kinds of water harvesting methods. The project started in September 2015 and ended in June 2017. It was implemented in honor of Sune Carlsson, Chairman of the Board of Directors of the Atlas Copco Group between 2003 and 2014.+ Read More

Our Milestones

When Atlas Copco was founded it made products for railways, but the core of our business dates back to the early years of the 20th century, when the first compressors, tools and rock drills were manufactured. Today, we are a world leader in these and many other areas.

 

Atlas was founded in 1873 in Stockholm, Sweden, to provide Swedish Rail with all types of equipment for building and running Sweden’s new railway. But with the growth of Swedish Rail relatively short-lived, Atlas had by the mid-1880s already begun a strategic shift toward the production of more advanced products, such as steam engines and boilers. In November 1890, the company was reconstructed and a new company, Nya Aktiebolaget Atlas, was founded with three new production lines: locomotives, commercial central heating systems and machine tools.


At the beginning of the 1890s, a young engineer named Gustaf Ryd visited England and the US and came back with a pneumatic caulking hammer and riveting hammer, respectively. The new machines proved invaluable and the need soon arose for spare parts and replacements. With none available, they had to be made in-house, paving the way for a completely new line of business. Initially, the pneumatic tools produced by Atlas were destined solely for its own workshops, but as word spread of their efficiency and reliability demand grew throughout Sweden.

 

Atlas took up regular production of pneumatic tools in 1901 with pneumatics engineer Gunnar Jacobsson heading up a newly established pneumatics department. Under Jacobsson, who would become managing director of Nya Aktiebolaget Atlas in 1909, the pneumatics department quickly expanded its range of tools and air compressors. As early as 1904, a copy of a German compressor was produced, which was driven by Atlas steam engines, and the following year the company launched its own compressor as well as its first rock drill. By the time the First World War broke out, pneumatics accounted for more than 50 percent of Atlas’ revenues and an even greater proportion of its profits. The other production lines were gradually phased out. Railroad car production came to an end in 1911 and the last locomotive was rolled out in 1917.


In 1917, Atlas merged with Diesels Motorer, a manufacturer of marine engines and stationary diesel engines. The new company was named Atlas Diesel and, during the 1920s, all operations were moved to Sickla, just outside Stockholm, where Atlas Copco is headquartered today. Although its pneumatics operations continued to go from strength to strength, showing a 50 percent profit by the early 1930s, its diesel operations went into a steep decline and had to be wound up in 1948. With the Atlas Diesel name no longer relevant, a new name was sought that would reflect the company’s operations and unite its foreign subsidiaries. Atlas Copco was chosen, derived from the name of a Belgian subsidiary – Compagnie Pneumatique Commerciale.

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