
About us

Group Companies​
Shiv Hydromet
Panchanath Auto Pvt. Ltd.
PAL diesels Pvt. Ltd.
Voltuel Pvt. Ltd.
WHO WE ARE
Our History
Corporate Evolution & Diversification
Shiv HydroMet is a professionally managed organization and Government-recognized Star Export House, built on four decades of industrial expertise and strategic diversification.
Foundation & Early Growth (1985–2000)
In 1985, the promoters established M/s. Shiv Industries in Rajkot, India, as a small-scale fine chemicals manufacturing facility. Through consistent technical development and process optimization, the company expanded its capabilities in 2000 to manufacture proprietary antimony-based explosive cross-linkers used in mining and oil well drilling applications.
Today, Shiv Industries commands approximately 90% market share in antimony-based explosive cross-linkers in India, reflecting strong technical know-how, application expertise, and long-standing customer relationships in a specialized, high-entry-barrier segment.
Strategic Manufacturing Expansion (2005)
In 2005, the group diversified into large-scale industrial manufacturing through a strategic partnership with a leading diesel engine manufacturer. This collaboration led to contract manufacturing of tractors for one of the world’s largest tractor brands at our Rajkot facility.
The facility currently manufactures approximately 120 tractors per day, demonstrating operational scale, production discipline, and manufacturing excellence beyond specialty chemicals.
Establishment of Shiv HydroMet (2015)
In 2015, the promoters founded Shiv HydroMet as a forward-looking diversification into:​
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Hydrometallurgy
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Pyrometallurgy
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Minor and critical metal chemistry
This marked the group’s strategic transition toward higher-value critical mineral processing and advanced metal derivatives, aligning with global trends in specialty materials and supply chain resilience.
Strategic Perspective
The evolution from fine chemicals (1985) to specialty cross-linkers (2000), heavy engineering manufacturing (2005), and advanced critical mineral chemistry (2015) reflects a consistent pattern:
Identify niche opportunities → Build technical depth → Achieve scale → Diversify into higher-value segments.
Shiv HydroMet today stands on a strong legacy of industrial discipline, market leadership in niche segments, and a long-term growth vision centered around critical minerals and specialty metal derivatives.

