HGS (India) Limited

• Plant & Machinery: ₹15.05 crore for machinery replacement.

• Gold Plating Facility: ₹1.05 crore for in-house facility setup.

• Infrastructure Development: ₹3.26 crore for 3rd-floor development.

• Acquisitions & GCP: Strategic acquisitions and general corporate purposes.

HGS (India) Limited (HGSI), incorporated in February 1986, is engaged in the manufacturing of geophones, geophone strings, seismic cables, connectors and related accessories used in seismic data acquisition and geophysical applications. Established through technical and financial collaboration with Geosource Inc., USA, the company markets its products under the “HG” brand.

Its products cater to a wide range of applications, including oil and gas exploration, mineral exploration, defence research, earthquake monitoring, vibration analysis and other geoscientific activities. The company also manufactures specialised cables and connectors for resistivity meters and radar equipment.

HGS (India) Limited has developed in-house manufacturing capabilities, including cable extrusion lines and injection moulding machines, enabling it to manufacture key components and maintain stringent quality standards. Its manufacturing facility in Manesar, Haryana, is equipped with precision assembly, coil winding, magnetising and testing facilities. The company is ISO 9001:2015 certified, holds ZED Gold Certification and is recognised as a 100% Export Oriented Unit (EOU) by the Noida Special Economic Zone (NSEZ).

The company exports its products to markets across North America, Europe, Asia, Africa and other regions. In 2015, it established HGS Products B.V., a wholly owned subsidiary in the Netherlands, to expand its international presence and strengthen overseas sales and customer support.