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Ashvini Rare Earth
Our Roots
Our Roots: A Legacy of Innovation and Excellence
In 1984, “ASHVINI ENTERPRISES” was established by our founder director and the Chairman, Late Shri. Ajit Dhoot. What began as a consultancy service for magnet manufacturers and users, focusing on optimal designs and processes, soon evolved into something much greater. Shri. Ajit Dhoot's vision and dedication led to the development of the first Bonded Ferrite Magnet in 1988, marking a significant milestone in the industry.
By 1990, the demand for these innovative magnets outgrew the confines of a small 100 sq. ft. garage, prompting the establishment of “ASHVINI MAGNETS” in 1991. Under Shri. Dhoot’s guidance, the company continued to flourish, producing the first Bonded Rare Earth Magnet in 1994 and moving to a larger 1000 sq. ft. facility in 1995 to accommodate semi-automated equipment.
In 1996, the company was officially incorporated as “ASHVINI MAGNETS PVT LTD.” (AMPL), solidifying our commitment to delivering high-quality, cutting-edge magnetic solutions. Our journey, driven by Shri. Ajit Dhoot's pioneering spirit, continues to inspire us to strive for excellence and innovation in every endeavor.
Our Inspiration
Our Inspiration: Carrying Forward a Legacy
The legacy of Late Shri. Ajit Dhoot is not only a testament to his ingenuity and perseverance but also a source of inspiration for everyone at Ashvini Magnets Pvt Ltd. His relentless pursuit of excellence and his innovative approach to solving complex challenges have laid a strong foundation for our company.
Mrs. Nirmala Dhoot, alongside Mr. Ajit Dhoot, played a crucial role in our journey. Her unwavering support and contributions have been instrumental in our growth. Together, they navigated the challenges and celebrated the successes, embodying the values of hard work, dedication, and integrity that continue to guide us.
About Us
At Ashvini Group, we have established ourselves as a leading name in the field of ferrite and rare earth magnets in India. Our journey began over three decades ago, and today, we stand as a testament to our commitment to quality, technological advancement, and customer satisfaction.
At the heart of the Ashvini Group lies a commitment to excellence, innovation, and sustainable growth. Our state-of-the-art facilities, staffed by a team of highly skilled professionals, are dedicated to delivering world-class products and services that cater to the evolving needs of our clients. Through strategic collaborations, cutting-edge research, and a steadfast focus on technological advancements, we continually push the boundaries of what's possible in our respective domains.
As we navigate the challenges and opportunities of the modern industrial landscape, the Ashvini Group remains steadfast in its mission to be a catalyst for positive change, empowering industries and communities alike. With a deep understanding of the global market and a keen eye for emerging trends, we are poised to lead the way in shaping the future of industrial excellence.
Ashvini Magnets Private Limited
Ashvini Magnets Private Limited is a pioneering company within the Ashvini Group, dedicated to the manufacturing and distribution of high-quality permanent magnets. Established with the mission of contributing to India's self-reliance in the strategically important rare earth and magnet sector, the company has rapidly emerged as a leading player in the industry.
Established in 1996, Ashvini Magnets Private Limited has been a cornerstone of our operations. Specializing in the production of bonded ferrite and bonded rare earth magnets, including NdFeB and SmFeN, we have developed a wide range of products such as permanent magnet rotors for small motors, energy-efficient ceiling fan motors, pumps, and various sensor applications. Our advanced technology in bonded magnet manufacturing, which includes isotropic and anisotropic injection bonded ferrite and rare earth magnets, has allowed us to process over 30 tons of NdFeB alloy powders per annum. This achievement has cemented our reputation in the global market and showcases our capability to meet diverse customer needs with high-quality solutions.
Leveraging advanced technology and a talented team of experts, Ashvini Magnets has developed a diverse portfolio of permanent magnet products, catering to a wide range of applications across various industries. From power generation and electronics to automotive and aerospace, the company's innovative solutions have garnered the trust and admiration of its clients both in India and abroad.
At the heart of Ashvini Magnets' success lies its commitment to excellence, continuous research and development, and a relentless pursuit of innovation. The company's state-of-the-art production facilities are equipped with the latest technology, ensuring the highest standards of quality and efficiency in the manufacturing process.
Through strategic partnerships and collaborative efforts, Ashvini Magnets has also played a pivotal role in advancing the rare earth and magnet industry in India. The company's contributions have been recognized by prestigious organizations, further solidifying its position as a trusted and respected player in the market.
Ashvini Rare Earth Private Limited
Ashvini Rare Earth Private Limited is a subsidiary of the Ashvini Group, dedicated to the exploration, extraction, and processing of rare earth elements. Strategically located in the heart of India's mineral-rich regions, the company leverages advanced technologies and expertise to deliver high-quality rare earth materials to a diverse range of industrial applications.
With a focus on sustainability and environmental stewardship, Ashvini Rare Earth Private Limited has established robust partnerships with leading research institutions, such as the Bhabha Atomic Research Centre (BARC) and the Indian Rare Earths Limited (IREL). These collaborations enable the company to stay at the forefront of rare earth research and development, ensuring that its products meet the highest standards of quality and performance.
Our Journey of Excellence
At the Ashvini Group, we have proudly embarked on a remarkable journey of excellence, driven by our unwavering commitment to innovation and the pursuit of groundbreaking achievements. Our story is one of relentless hard work, visionary leadership, and a steadfast dedication to addressing the evolving needs of the industry.
From humble beginnings, the Ashvini Group has risen to become a renowned name in the realm of magnets and rare earth materials. Through strategic investments, meticulous research and development, and a talent for identifying emerging market trends, we have consistently positioned ourselves at the forefront of technological advancements.
Our journey has been marked by a series of remarkable milestones, each serving as a testament to our unwavering determination and the collective efforts of our talented team. From securing critical Memorandums of Agreement with prestigious institutions to forging groundbreaking Cooperative Research and Development Agreements, we have demonstrated our ability to navigate the complexities of the industry and emerge as a trusted partner for both public and private entities.
Memorandum of Agreement (MoA) with BARC and IREL
Ashvini Group has forged a strategic Memorandum of Agreement (MoA) with two esteemed organizations - the Bhabha Atomic Research Centre (BARC) and the Indian Rare Earths Limited (IREL). This pioneering collaboration aims to leverage the collective expertise and resources of these renowned institutions to drive groundbreaking advancements in the rare earth and magnets industry.
The MoA sets the stage for joint research and development initiatives, knowledge sharing, and the development of innovative technologies. By tapping into the advanced capabilities of BARC and the extensive experience of IREL, Ashvini Group is poised to unlock new frontiers in rare earth processing, magnet manufacturing, and sustainable production methods. This collaborative effort will not only strengthen Ashvini's position as an industry leader but also contribute to the larger goal of Make in India and Atmanirbhar Bharat initiatives.
Cooperative Research and Development Agreement (CRADA) with International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI)
Ashvini Group has forged a strategic Cooperative Research and Development Agreement (CRADA) with the International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI). This collaboration brings together the expertise and resources of both organizations to drive innovative solutions in the field of powder metallurgy and advanced materials. ARCI, a leading research institute under the Ministry of Science and Technology, Government of India, is renowned for its cutting-edge research and development in specialized materials and processing techniques. By partnering with ARCI, Ashvini Group aims to harness this wealth of knowledge and technical capabilities to enhance its own product offerings and stay at the forefront of industry advancements.
Through this CRADA, the two entities will engage in joint research projects, knowledge-sharing workshops, and technology transfers. The collaborative efforts will focus on developing new and improved rare earth-based permanent magnets, as well as exploring novel applications for these critical materials. ARCI's extensive expertise in powder metallurgy and material characterization will be instrumental in unlocking the full potential of Ashvini Group's rare earth resources and manufacturing prowess.
Left: Our MD – Mr. Vikram Dhoot, Right: Dr R. Gopalan, ARCI Chennai
Mr. Vikram Dhoot with Dr. Gopalan and ARCI team
Grant by Ministry of Mines (MoM) under S&T PRISM Scheme
The Ashvini Group is proud to have been selected for a prestigious grant by the Ministry of Mines (MoM) under the Science & Technology Project for the Strengthening of Indian Mineral Sector (S&T PRISM) Scheme. This highly competitive grant program supports innovative research and development projects aimed at enhancing India's mineral and mining capabilities.
The grant awarded to Ashvini Rare Earth Private Limited will fund cutting-edge research into advanced magnetic materials and rare earth processing technologies. This investment from the Government of India underscores the Ashvini Group's position as a leading innovator in the Indian minerals and materials industry.
Union Minister for Mines, Coal and Parliamentary affairs Shri. Pralhad Joshi handed over the grant to our MD Mr. Vikram Dhoot. AREPL is one of the first private companies to receive it.
Atmanirbhar Award at Rare Earths for Energy Security (REES) 2023
Award-Winning Excellence
At Ashvini Group, we take great pride in our unwavering commitment to innovation and excellence, which has been recognized through numerous prestigious awards and accolades. Our relentless pursuit of industry-leading solutions and our dedication to driving progress in the fields of magnets and rare earth materials have set us apart as a true leader in our industry. We have been honored with a wide range of awards that celebrate our technical achievements, our sustainable practices, and our positive impact on the community.
One of our most recent and significant achievements was the Atmanirbhar Award received at the Rare Earths for Energy Security (REES) conference in 2023. Our Managing Director, Mr. Vikram Dhoot, was honored with the prestigious Atmanirbhar Award by Shri A.K. Mohanty, Chairman of the Atomic Energy Commission and Secretary of the Department of Atomic Energy. This award underscores our dedication to innovation and sustainability in the field of rare earth magnets. Being recognized with such an esteemed award highlights our commitment to contributing to India's self-reliance in critical technology sectors and our ongoing efforts to advance the capabilities of the domestic rare earth magnet industry.
Felicitation by the Rare Earth Association of India in Tirupati
The Ashvini Group's achievements in the rare earth industry were recognized and celebrated at a prestigious event organized by the Rare Earth Association of India in Tirupati. The group was honored for its pioneering work in the field of rare earth research, development, and production. The felicitation ceremony was a testament to Ashvini's commitment to innovation, sustainability, and self-reliance in the strategic rare earth sector.
During the event, the Ashvini team was praised for its collaborative efforts with leading research institutions like BARC and IREL, as well as its successful CRADA with ARCI. The group's innovative technologies, product quality, and contributions to India's Atmanirbhar vision in the rare earth domain were also highlighted. The felicitation in Tirupati was a proud moment for the Ashvini Group, further solidifying its reputation as a trailblazer in the industry.
REAI Felicitation:
Careers
Career Opportunities
At Ashvini Group, we believe in cultivating a dynamic and inclusive work environment that empowers our employees to reach their full potential. We offer a range of career opportunities across our diverse business units, including research and development, engineering, operations, finance, and more. Whether you're just starting your career or looking to take the next step, we encourage you to explore the exciting possibilities available at Ashvini Group.
Professional Development
We are committed to supporting the growth and development of our employees. Our robust training programs, mentorship initiatives, and ongoing learning opportunities ensure that our team members have the tools and resources they need to continuously enhance their skills and expertise. We foster a culture of continuous improvement, where innovation and personal growth are actively encouraged.
Collaborative Environment
At Ashvini Group, we believe that great things can be achieved through teamwork and collaboration. Our employees work closely with cross-functional teams to tackle complex challenges and drive strategic initiatives. We encourage open communication, shared learning, and the exchange of ideas, creating a dynamic and engaging work environment that brings out the best in our people.
If you believe you are a good fit for our dynamic and innovative organization, we invite you to join our team of dedicated professionals. Please send your resume and area of expertise to hr@ashvinimagnets.com. We are always on the lookout for talented individuals who are passionate about making a difference. We look forward to reviewing your application and will get back to you shortly.
Contact Us
Corporate Headquarters
Flat No 1, Pallod Farms, Street 4, Aakanksha Apartments, Baner Road, Pune Maharashtra - 411045
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