Leading Mid-Corporates of India 2023

Leading Mid-Corporates of India 2023 | 35 [ PROFILE OF 2023 AWARD WINNERS - MID-CORPORATES ] Since its establishment in 1977, HYT Engineering Company (formerly HYT Engineering Corporation) has emerged as a leading manufacturer of high precision machines for railway rolling stock maintenance. With a diverse portfolio of over 86 different machine types and a global presence, HYT has solidified its position as a trusted partner in the railway industry. With an impressive track record of supplying over 900 machines to railways worldwide, HYT Engineering Company has earned a reputation for delivering exceptional quality and reliability. The company’s turnover of 60 million euros in 2022 reflects its successful operations and steady growth. HYT’s state-of-the-art facility spanning 16,000 square meters, equipped with advanced design, manufacturing, and testing capabilities, ensures that each machine meets the highest standards of performance and customer satisfaction. With over 850 professionals, including 500 high-skilled and semi-skilled manpower, as well as 350 staff members, including qualified engineers, HYT has the expertise and experience to tackle any project with efficiency and precision. HYT offers an extensive range of specialized machines tailored to meet the specific requirements of railway maintenance. Among the notable machines in HYT’s portfolio are the CNC Tandem Underfloor Wheel Lathe, CNC Portal wheel Lathe and CNC Vertical Turning & Boring Lathe. These advanced machines have revolutionized the industry, enabling precise and efficient operations that contribute to the overall safety and reliability of the railway system. In addition to its manufacturing expertise, HYT Engineering Company excels in providing turnkey solutions for railway infrastructure projects. From design and manufacturing to project execution and after-sales support, HYT offers complete solutions to meet the unique needs of its customers. The company’s comprehensive services, including AMC, M & P Solution and Consultancy, ensure a seamless experience for clients, further enhancing HYT’s reputation as a customer-centric organization. HYT has successfully completed major turnkey projects across India & Overseas. Notable accomplishments include setting up the Coach Shell Manufacturing Facility for Indian Railways at ICF Chennai, Wheel Repair Shop for SMH Rail in Malaysia, Coiled Spring Manufacturing Facility at ICF Chennai, and Fully Automatic Wheel and Axle Assembly Complex at Railway Wheel Factory (RWF) in Bengaluru. These projects highlight HYT’s expertise in delivering complex and integrated solutions. In 2019, HYT Engineering Company acquired SAFOP S.R.L,Italy a renowned European Machine Tool Manufacturer with a century-long legacy. This strategic move further strengthened HYT’s presence in the European Union and expanded its research and development capabilities. With SAFOP’s expertise in manufacturing specialized machines for railways, aerospace, and the oil & gas sector, HYT has opened doors to new possibilities and marked its footprints in the European market. HYT Engineering Company Pvt Ltd’s remarkable journey from its inception to its current standing as a technology-driven powerhouse underscores its unwavering commitment to excellence. With its cutting-edge machines, comprehensive solutions, and global presence, HYT continues to shape the future of railway maintenance. As the company expands its reach and explores new avenues for growth, HYT remains dedicated to delivering innovative, high-quality solutions that set new benchmarks in the industry. [ BRANDED CONTENT ] Dun & Bradstreet