| High Chrome Mill Internals for Mining | Grinding media and mill liners tailored for mining ores like gold, copper, iron ore. | Strong IP portfolio, global footprint, exclusive licenses, and established relationships with mining operators. | Mining companies globally focused on metallic ores; B2B industrial clients. | Custom-designed liners and proprietary grinding solutions with patented designs. | 2100 | 49 | Sales of consumable wear parts with long-term supply contracts in B2B mining segment. | Direct sales based on order volumes and customization. | Mining industry conversion to high chrome parts, capacity expansion, and tech innovation driving growth. | AIA High Chrome Grinding Media, Vega Industries Liners |
| High Chrome Mill Internals for Cement and Thermal Power | Wear parts used in grinding and crushing within cement plants and thermal power stations. | Market leader in India with technology collaborations and efficient manufacturing capacity. | Cement manufacturers and thermal power plants; primarily B2B within India and exports. | Grinding media with high durability customized for specific plant requirements. | 1300 | 30 | Direct product sales to large-scale cement and power generation companies. | Volume-based sales contracts, generally recurring replacement orders. | Cement industry growth and conversion to premium grinding media supporting demand. | AIA High Chrome Mill Internals |
| Other Geographies and Products | Mining liners, consumables, and wear parts in North America, Australia, Middle East, and other regions. | Strategic subsidiaries, diversified markets, and localized production minimize risks and supply constraints. | Mining and industrial clients in USA, Australia, Chile, UAE, Ghana, and other countries; B2B focus. | Innovative liner designs and aftermarket service offerings. | 880 | 21 | Sales through subsidiaries and distribution partnerships serving export markets. | Direct and regional distribution sales models with tailored solutions. | Global mining sector demand, new acquisitions, and expanding international presence. | Vega Industries (Middle East, Americas, Australia) |
