Romesh Vig is reckoned as the Fastener man in India

By OEM Update Editorial June 19, 2024 6:53 pm IST

Romesh Vig, the illustrious leader and the driving force behind Micron PrecisionScrews Pvt Ltd (MPS), holds the esteemed title of the ‘Fastener Man of India.’This recognition is not just a mere accolade; it encapsulates a journey marked by resilience, innovation, and unparalleled leadership in the fastener manufacturing landscape.

Pioneering journey of innovation

Commencing in 1979 with the inception of MPS, RomeshVig’s professional odyssey is a testament to adaptability and foresight. Initially crafting forging components for automobiles, he steered MPS into a global player in high-tensile fasteners. This transformative journey signifies a personal evolution and a pioneering shift in the industry’s landscape.

An integral part of Romesh Vig’s legacy is the introduction of cold forging methods in India. As a visionary, he became a pioneer in incorporating advanced cold forging techniques. This precision manufacturing process revolutionised the fastener industry, enhancing material strength and producing intricate components with unparalleled accuracy. Romesh Vig’s foresight and commitment to innovation positioned MPS at the forefront of technological advancements in fastener manufacturing.

Contributions beyond business

Romesh Vig’s influence transcends corporate boundaries. Leading MPS, he champions free education for more than 10,000 girls, demonstrating his dedication to education and community empowerment. Recognitions such as the Bharat Vikas Awards and Rashtriya Ekta Awards celebrate his multifaceted contributions to society. His commitment to green energy is evident in MPS’s 500KW rooftop solar panel, offsetting nearly 10,00,000 pounds of CO2 annually. Romesh Vig’s vision aligns with sustainability, contributing to a greener and more responsible future. This commitment to societal impact underscores his holistic approach to leadership.

Tracing the journey through

Visuals eloquently capture Romesh Vig’s and MPS’s progression. Starting humbly and culminating in the creation of Plant II, these visuals encapsulate growth, innovation, and leadership, serving as a testament to the dynamic force propelling MPS to its current standing. Amidst these visuals, snapshots of his dedication and hands-on approach provide insight into the driving force behind MPS’s success. The evolution from a local player to a global leader is vividly portrayed, reflecting the vision and tenacity of both the leader and the company.

Global presence: Bridging continents

Under Romesh Vig’s guidance, MPS expanded globally, establishing offices and warehouses in Germany, North America, South Africa, and Australia. Operating internationally, MPS is recognized for excellence in automotive and industrial fasteners. Vig’s vision positioned MPS as a global leader, delivering high-quality fasteners worldwide. This global presence reflects Vig’s strategic foresight, ensuring accessibility to top-notch fasteners across continents. Moreover, MPS has entered the Canadian market and developed specialized parts for the EV industry, underscoring its commitment to innovation and global expansion.

Cutting-edge testing and unmatched production capabilities 

The commitment to excellence is reflected in its advanced manufacturing capabilities, including SCADA-controlled Heat Treatment and automatic Plating lines meeting CQI 9 and CQI 11 standards. This, coupled with its increased capacity of up to 3000 MT per month, demonstrates its readiness to meet growing demands. Strategic initiatives, like BMI acquisition for the UK market and securing new OEM accounts, such as M&M Auto Division and Carraro India, underscore the company’s proactive expansion. The integration of new CNC machines enhances efficiency, complementing India’s largest socket screw manufacturing capacity and comprehensive in-house plating facilities. With a rich history of supplying 100+ OEMs, including industry giants like Escorts, JCB, Mahindra, L&T, and Swaraj since 1982, MPS serves diverse sectors while ensuring unparalleled reliability and quality. Additionally, boasting India’s largest socket screw manufacturing capacity, MPS offers a broad range of 5,000 high-tensile fasteners and a robust 30,000 MT capacity for precision-engineered fasteners.

Shaping the future of fasteners

Romesh Vig’s journey is not merely a corporate narrative; it is a story of innovation, determination, and a profound commitment to societal impact. As the ‘Fastener Man of India,’ his influence extends beyond business, shaping MPS into a symbol of excellence. His enduring legacy continues to shape the future of the fastener industry, emphasizing the importance of visionary leadership. Additionally, MPS Fasteners has ventured into the electric vehicle (EV) industry, developing specialized parts to meet the unique demands of EV manufacturers. This strategic move underscores the company’s commitment to innovation and adaptation in a rapidly changing market.