Started Injection moulding plant in Aurangabad.
Became C & F agent for Steel Tubes of India (STI) for precision tubes for Aurangabad region.
Expanding footprint in metal conversion business, the promoters ventured into stamping space by setting up State of the art Press Shop in the name of Shree Pressings.
Forward integrating in precision tubes, Machine Shop was set up in name of Mahesh Industries for providing components for 2 &3 Wheelers shock absorber assemblies.
Further expanding into auto component industry, the group started manufacturing facility for welded sub-assemblies for 4 wheeler and commercial vehicles in the name of YoganandAutocomp Pvt Ltd in MIDC, SupaAhmednagar.
In the same year, wire condenser for refrigerators manufacturing was started at YoganandAutocomp Pvt Ltd.
With growing business in tubular components, Accrete Electromech Pvt Ltd was set up in Aurangabad with state of art machining and fabrication facility.
Latest addition to group is Shree Pressings Plant-2 in Waluj, MIDC with press machines ranging up to 250 tons.