MEGATHERM

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Our Group

Who we are

Megatherm deals in Metal Heating & Melting Equipment and possesses the strength to meet Thermal Challenges through Induction. In 1989 we sparked off, banking on our team of Electro Thermal Processing experts and the capital of experience that we had gathered since the 1970. We made our presence felt across steel, foundry, forging and various other Metal Working Sectors, surging forward with spirits held high and the fire burning within.

Today, Megatherm has a diverse product portfolio is recognised and preferred by its ever-extending list of domestic and international clientele. Our 3000+ installations are spread over 55 countries around the globe.

Megatherm is committed to customer delight and performance excellence. We have invested in progressive in-house R&D which in turn has yielded both profit and praise for the company. Megatherm is differentiated from other manufacturers primarily due to product innovation & continuous R&D. Over the years Megatherm has led the way for most major design changes and additions to induction technologies which was later incorporated by the industry. Our research is focused and our systems are incorporated with the best contemporary technologies that ensure optimum utility and comprehensive productivity. 

OUR GROUP OF COMPANIES

Megatherm Induction Ltd.

  • Design, Engineering, Manufacturing, Selling & Servicing of Induction Melting Furnaces & Heating Equipment, Transformers & Metallurgical Equipment

  • Power Quality Solutions

  • Turnkey Project Execution of Steel Melt Shops

  • R&D Lab

  • Training Centre

  • Testing Facility

  • Infrastructure: Newly inaugurated plant on 15 acre plot in (Kharagpur, WB, close to IIT KGP) of which 8 acres have been developed

Megatherm Induction Ltd.

  • Design, Engineering, Manufacturing, Selling & Servicing of Induction Melting Furnaces & Heating Equipment, Transformers & Metallurgical Equipment

  • Manufacturing of EAF , LRF and VD

  • After sales service for induction products, EAF , LRF, VD , FES and CCM

  • Engineering of all products

  • Turnkey projects in INDIA and Abroad

  • R&D Lab

  • Training Centre

  • Testing Facility

  • Infrastructure: Newly inaugurated plant on 15 acre plot in (Kharagpur, WB, close to IIT KGP) of which 7 acres have been developed. Covered area of 1,30,000 sq ft

Megatherm Electronics PVT Ltd.

  • ERP & IT enabled Services

  • Process Automation & Power quality solutions

  • Commercial leasing of 1,90,000 sq ft IT Park, Megatherm Tower in Sector V (Kolkata’s IT hub)

Megatherm Electronics PVT Ltd.

  • Process automation, power quality and IT solutions

  • SMS operational excellence

  • Commercial 1,90,000 sq ft IT Park, Megatherm Tower in Sector V (Kolkata’s IT hub)

  • Infrastructure: Captive design, engineering & IT office of 28,000 sq ft within Megatherm Tower

OUR Facilities

State of the art Production & Testing facility along with R&D lab & Training Centre spread across
8 acres in Vidyasagar Industrial Park, Kharagpur, West Bengal.

RESEARCH & DEVELOPMENT

Megatherm’s history is a history of firsts. From the first to launch a product to the first to improve designs. What we do today is adopted by others years later. Performances we achieve today will be achieved by others years later.

Some firsts for induction furnaces
1. Multi Zones Coil
2. Parallel Inverter
3. Single tank capacitors
4. C clamp yokes
5. PLC in furnaces
6. Low frequency for reduction of energy consumption 

Many design features which we are providing now (like Nano cable system, synchronized rectifier control board, low power efficiency system) is currently only under development with other brands. Megatherm is differentiated from others for its continuous R&D and is known to have the best R&D team that has ushered in many technological changes over the years. We keep you one step ahead and future proof. Hence our tagline stands:

“Megatherm…..The Future is Now”

Some upcoming technologies
  • Dual Mode Inverter
  • Hybrid Panel
  • AI Panel
  • Zero Voltage Drop Design

A HISTORY OF FIRSTS

MILESTONES

Since inception Megatherm has ushered in most major new products and design changes which has been later adopted by the industry. Our history is a history of firsts and our clients are always years ahead in terms of technology and operational commercial benefits.

1989

Megatherm was incorporated

1994

Heating division was launched

2000

Recognized by Ministry of Science and Technology as an "In House R&D unit"

2001

First medium frequency non ferrous induction billet heater in India installed at ordinance factory Katni

2002

First induction rail hardening equipment of India supplied with integrated straightening Unit

2003

First 25T furnace of India supplied by Megatherm in Hyderabad

2003

First Indian induction furnace exported to Europe (Poland & France) with PLC and automation of western standard

2004

First steel zone heating furnace of India supplied at ordinance factory Ambajahri

2005

Takeover of Engel India Machine Tools. Operations shifted to Kolkata facility

2007

Transformer manufacturing begins

2008

First OFWF converter transformer designed by an Indian company

2009

First constant power factor Current Fed induction zone heaters of India supplied in Tata Motors

2011

Megathem’s first turnkey project

2013

Megatherm’s first 132 kV power & distribution transformer manufactured

2014

Megather’s first power & distribution transformer export

2016

First multiple TMT bar heater of India supplied for epoxy coating

2017

Kharagpur facility was inaugurated under Megatherm Induction Pvt Ltd

2017

Achieved 475 kWh/t for mild steel in 15T furnace marking the launch of Green furnace

2018

Achieved 465 kWh/t in 30T Green furnace for mild steel.
Supplied first 40T which was the largest furnace exported outside SAARC.

2024

Megatherm Induction Limited Listed on National Stock Exchange

A HISTORY OF FIRSTS

MILESTONES

Since inception Megatherm has ushered in most major new products and design changes which has been later adopted by the industry. Our history is a history of firsts and our clients are always years ahead in terms of technology and operational commercial benefits.

1989

Megatherm was incorporated

1992

Integrated production plant was commissioned in Salt Lake, WB

1994

Heating division was launched

2000

Megatherm was incorporated

2001

First medium frequency non ferrous induction billet heater in India installed at ordinance factory Katni

2002

Heating division was launched

2003

First 25T furnace of India supplied by Megatherm in Hyderabad

2003

First Indian induction furnace exported to Europe (Poland & France) with PLC and automation of western standard

2004

First steel zone heating furnace of India supplied at ordinance factory Ambajahri

2005

Takeover of Engel India Machine Tools. Operations shifted to Kolkata facility

2007

Transformer manufacturing begins

2008

First OFWF converter transformer designed by an Indian company

2009

First constant power factor Current Fed induction zone heaters of India supplied in Tata Motors

2011

Megathem’s first turnkey project

2013

Megatherm’s first 132 kV power & distribution transformer manufactured

2014

Megather’s first power & distribution transformer export

2016

First multiple TMT bar heater of India supplied for epoxy coating

2017

Kharagpur facility was inaugurated under Megatherm Induction Pvt Ltd

2017

Achieved 475 kWh/t for mild steel in 15T furnace marking the launch of Green furnace

2018

Achieved 465 kWh/t in 30T Green furnace for mild steel

2018

Supplied first 40T which was the largest furnace exported outside SAARC

2024

Megatherm Induction Limited Listed on National Stock Exchange

Global Presence

Nearing

Installation in
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Our team

Megatherm is led by Shesadri Bhusan Chanda, Chairman & Managing Director and Satadri Chanda, Executive Director.
The group employs over 500 people which includes over a 100 engineers for Sales, Service, R&D, Engineering and other functions

Shesadri Bhusan Chanda

Chairman & Managing Director

Mr Shesadri Bhusan Chanda (Managing Director), is a gold medalist in Electrical Engineer from Jadavpur University and a member of the Institute of Electrical and Electronics Engineers, New York. He started his career with Tata Group and then shifted to GEC (India) Ltd. He gathered experience in the field of electrical Induction Melting Furnace during his 5 – 6 years’ service period with GEC. He nurtured the Megatherm Group from a humble beginning to a publicly listed engineering house of international repute.

Satadri Chanda

CFO & Director
Mr Satadri Chanda (Director & CFO), son of Mr S B Chanda, obtained his Master’s Degree in Industrial Engg & Management at Virginia Tech, USA and worked with KPMG in their management consulting division before joining Megatherm.
Mr. Vikas Varshney

Chief Operations Officer

Mr. Vikas Varshney completed Electronics Engineering from MNIT, Jaipur. Associated with Megatherm from the start after quitting GEC. Currently in the role of Operations Head and is one of the pillars of team Megatherm.