Ferrocoat Powders has completed around two decades in the industry, being established in 2002 and going by the firm name of “Industrial Marketing Company”. The firm’s s promoter Mr. Bhagatsingh Powar with techno-commercial experience of over 20 years conceived the idea on a modest scale single line production of 100 kg per hour in a rented premises. Initially the powders were marketed only in Goa, post favourable responses and over period of time the company started marketing it’s products to a wider spread of states that include Kerala , Karnataka , Tamil Nadu and Maharashtra. In 2005 the company shifted to its own premises that covered a land area of 3400 sq mts and factory built up 500 sq mts. Further due to production constraints, in the year 2013, a new production line was added that produced 350 kg/hour. Thereafter another production line of 350 kg was added in 2017. Presently the firm has an estimated production capacity of 100 tonnes per month on single shift basis and as on date manufactures 50 tonnes per month.
