Incorporated in 1951 as a private limited company, Western India Industries (WIIL) became a public limited company in 1975. P B Gadgil is the chairman and managing director.
The company specialises in fire and safety, water and waste water engineering systems. It has executed turnkey projects for several large undertakings like NTPC, NHPC, IOCL, BPCL, Coal India, etc. WIIL has a technical collaboration with Total Walther (a member of the Krupp Group) of Germany. In 1991, the company was selected by Industrial Promotion and Investment Corporation of Orissa to implement its 2500-tcd sugar project in Orissa. It promoted a new company -- Western India Sugar and Chemical Industries -- to implement the project. WIIL has also promoted Western Paques (India) and WI Industrial Technologies.
In Jun.'94, the company came out with a rights issue of 1.65 cr FCDs aggregating Rs 297 cr. The issue was to lease out fully installed and commissioned plants for petroleum related products like LPG, and storage and handling facilities for government oil companies, under the build, own, lease and transfer (BOLT) concept.
WIIL recently entered into a joint venture with Singapore's largest engineering group, Sembawang, to set up an oil and gas terminal at Kakinada, Andhra Pradesh. The company also entered into a joint venture with the Manai Corporation, Bahrain, to put up an oil terminal alongwith facilities.