![]() ASRaymond ASRaymond (formerly known as Associated Spring Raymond) is a provider of engineered spring products and motion control solutions operated by Barnes Group. | ![]() Associated Spring Associated Spring is a supplier and manufacturer of engineered springs and precision metal components. | ![]() Bharat Heavy Electricals Bharat Heavy Electricals Limited (BHEL) is a company that manufactures power equipment. | ![]() Zhongwang Group Zhongwang Group (also known as China Zhongwang Holdings, 中国忠旺控股有限公司) is a company that develops and manufactures fabricated aluminum products. | ![]() Maanshan Iron & Steel Maanshan Iron & Steel (馬鞍山鋼鐵股份有限公司) is a company that manufactures and sells iron and steel products and related by-products. | |
Founding Date | Founding Date 1883 | Founding Date 1857 | Founding Date 1964 | Founding Date 1993 | Founding Date 1993 |
Type | Type Subsidiary | Type Subsidiary | Type Public | Type Subsidiary | Type Public |
Tags | |||||
Locations | Locations Maumee, US HQ Shanghai, CN Trappes, FR Bensheim, DE Ciudad Apodaca, MX Singapore, SG Vitoria Gastei, ES see more | Locations New Delhi, IN HQ Bengaluru, IN Bengaluru, IN Bengaluru, IN Bhopal, IN Chennai, IN Goindwal Sahib, IN see more | Locations Hong Kong, HK HQ Liaoyang City, CN | Locations Maanshan, CN HQ | |
Employees | Employees 59 | Employees 411 | Employees 41,132 | Employees 37,849 | Employees 16,631 |
Financial | |||||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) N/A | Revenue (est.) ₹337.8b (FY, 2026) | Revenue (est.) N/A | Revenue (est.) ¥74.5b (FY, 2025) |
Cost of goods | Cost of goods N/A | Cost of goods N/A | Cost of goods ₹229.8b (FY, 2026) | Cost of goods N/A | Cost of goods ¥73.4b (FY, 2025) |
Gross profit | Gross profit N/A | Gross profit N/A | Gross profit ₹116.1b (FY, 2026) | Gross profit N/A | Gross profit ¥3.6b (FY, 2025) |
Net income | Net income N/A | Net income N/A | Net income ₹16b (FY, 2026) | Net income N/A | Net income (¥27.2m) (FY, 2025) |
Operating ⚠ | |||||
Industries Served | Industries Served 9 (May, 2024) | Industries Served 9 (May, 2024) | Industries Served N/A | Industries Served N/A | Industries Served N/A |

Associated Spring is a supplier and manufacturer of engineered springs and precision metal components.
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Bharat Heavy Electricals Limited (BHEL) is a company that manufactures power equipment.
View company
Zhongwang Group (also known as China Zhongwang Holdings, 中国忠旺控股有限公司) is a company that develops and manufactures fabricated aluminum products.
View company
Maanshan Iron & Steel (馬鞍山鋼鐵股份有限公司) is a company that manufactures and sells iron and steel products and related by-products.
View company