During the 1960s, there were very few opportunities for engineers, more so for metallurgical engineers in and around Pune. On the other hand, barely 250 km away in Kolhapur, foundries were flourishing. In fact, the town of Kolhapur was on the verge of becoming the foundry & industrial hub of the country, driven by the exponential growth in the agricultural and diesel engine industry.

Ambalal Rathod moved to Kolhapur and started working with Ghatge Patil Industries, the only large-scale foundry in the region at the time. He rose to become the Development Manager in a short span of time. And 14 years later, Ambalal chose to move on, fuelled by his own entrepreneurial vision. He started his own foundry. And thus, Castwell Metal Industries was born.

In the ensuing years, Ambalal faced many odds but he continued to work passionately until things started to turn around. Ambalal’s three sons, Prakash, Vijay and Mahendra also joined forces with Ambalal to take the organization to the next level, but only after completing their higher studies and learning the ropes of the business.

In 1996, Caspro Export, the export division of Rathod Industries was launched. In a short span of time, this new division helped the organization spread its wings in 5 nations, garnering some of the biggest names as its clients. This success prompted the Group to open a sales office in Germany to facilitate sales in Europe.