The foundation stone of Swastik Fasteners was laid in 1970 in Hyderabad under the leadership of Shri Banwari Lal Aasat, Managing Partner.
For over 50 years we have served customers across India in precision screws and fasteners, built on three founding principles.
We are an ISO 9001:2015 & IATF 16949:2016 certified company.
Zero-defect manufacturing discipline at every stage of production.
Consistent on-time dispatch that customers plan their lines around.
Efficient in-house processes that keep pricing competitive.
Five decades of small, deliberate steps rather than one big leap — each one focused on quality, delivery and cost.
Shri Banwari Lal Aasat establishes Swastik Fasteners in Hyderabad as a small precision screws manufacturing unit.
Investment in dedicated cold forging, thread rolling and tool room capability brings manufacturing fully in-house.
Formal quality management systems are put in place, opening the door to larger Automotive and Electrical & Electronics customers.
Automotive-grade quality certification achieved, aligning our processes with OEM and Tier-1 expectations.
Still run on the floor, not just from an office — supplying screws, rivets, bolts, pins, nuts, washers and studs across India.
"We never chased volume for its own sake. If a part leaves this factory with our name on it, it has to be right — every time."
Shri Banwari Lal Aasat, Managing Partner
Our factory sits in the Cooperative Industrial Estate at Balanagar — one of Hyderabad's older industrial belts, well connected for both inbound raw material and outbound dispatch across India.
All manufacturing, from cold forging to final inspection, happens at this single site, which keeps quality accountability in one place rather than split across job-work vendors.
Get Directions & Contact DetailsMachine operators, toolmakers and quality inspectors — many with over a decade at Swastik Fasteners — are the reason our tolerances hold batch after batch. We invest in on-the-job training rather than relying on any one individual's institutional knowledge.
It's a small enough team that the person forging your part and the person inspecting it before dispatch both know exactly whose order it is.