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1. Company History
-Ador welding is incorporated in the year 1951
-The company went public in the year 1986
-In 1989, Ador welding began Project Engineering Business which is now known as Flares & Process Equipment Division
-The company is going to merge with Ador fontech in 2023
-Ador welding is incorporated in the year 1951
-The company went public in the year 1986
-In 1989, Ador welding began Project Engineering Business which is now known as Flares & Process Equipment Division
-The company is going to merge with Ador fontech in 2023
2. Welding Industry
-Indian welding industry size was estimated at 4500 crores in FY21 and is expected to reach 6700 crores by FY25 with a CAGR of 9%
-Indian welding industry size was estimated at 4500 crores in FY21 and is expected to reach 6700 crores by FY25 with a CAGR of 9%
