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Mahindra Ugine Steel Co. Ltd. (MUSCO),under SYSTECH sector, belonging to the Mahindra Group is the pioneer & well known manufacturers of alloy steel in the country. MUSCO is the most trusted brand when alloy steel is referred to.The company also has three stampings division to manufacture pressed sheet metal components and assemblies,one at Kanhe about 1.5Km off Mumbai-Pune Highway,a major automobile manufacturing center in the country,second at Nashik catering to all auto products of M & M & RENAULT of France,& the third unit has successfully started commercial production from October 2007 , from the modern state-of-art new plant along with paint shop in Rudrapur(Uttarakhand State) for many new products of customers in North India.. Mr.Keshub Mahindra is the Chairman & Mr.Anand Mahindra is the Vice-Chairman of MUSCO.

The Company was incorporated on 19th December 1962. The Company commenced its operations in 1964 with a licenced capacity of 24,000 tons per annum (tpa) capacity. In 1981, MUSCO raised it's capacity to 75,000 tpa. Further in 1990, the Perin process which was being used was replaced by the Ladle Metallurgy Technology. The current capacity of the plant is 1,80,000 tpa.MUSCO is a subsidiary of Mahindra & Mahindra Limited, the group boats of 92 companies & seven sectors namely,AUTO,FARM EQUIPMENT, TRADE & FINANCE, INFRASTRUCTURE, I.T. , MAHINDRA INTEGRATED LTD. & SYSTECH.
The steel plant is located at picturesque town of Khopoli on Mumbai-Pune highway about 100 Kms from Mumbai. The production facility of MUSCO is spread over an area of 66.89 hectares (165.29 acres) comprising plant on 24.95 hectares (61.65 acres) and residential set-up on 41.94 hectares (103.64 acres).

MUSCO has its well-defined Quality Policy and Quality Objectives and follows it strictly. The steel division,was first among all steel manufacturing in the country to get ISO certification & was succesfully re certified for ISO 9001-2000 Certification in the year 2002 from RWTUV. In August 2005,it has also been certified for ISO/TS 16949:2002.Both the stampings division have also been certified for TS16949 certification since June 2005.

The steel division has implemented in May 2001,ERP system of SAP version 4.6c for 7 modules & has reaped immense benefits.The I.T. infrastructure is very strongly built on LAN connecting 250 workstations & 80 network printers for user online access of SAP servers,internal & external mail,file server for shared information.A very secure VPN enables connectivity to external world for our consulting partners,secretarial office & branch offices to access SAP & mails.

MUSCO has ushered in the new era of SAP by becoming the 1st manufacturing company in India to have implemented mySAPERP 2005(ECC 6.0) which is the latest version of ERP application .The "GO-LIVE" was a grand success on 2nd April'07 & the switchover from 4.6C to ECC 6.0 version was the smoothest with business process continuity maintained flawlessly.

MUSCO's Steel Division located at Khopoli is a pioneer and a premier Alloy Steel producer and also a single source supplier to a large number of multinationals and other important customers in India. The profit after tax (2005-2006) is of Rs. 6,506.44 lakhs.The Net sales/income from operations (2005-2006) of Steel is Rs.53,106.68 lakhs & of Stamping Division (producing automotive stampings) for (2005-2006) is of Rs.8,397.01 lakhs.There are two Stamping Divisions one located at Kanhe near Pune & other at M.I.D.C Ambad,Nashik.