2005: To tap the increasing demand for radiators from the transformer industry, HITECH started its mfg. unit II in Khopoli, Maharashtra, 80 kms from Mumbai to manufacture fin type radiators.
2006: Discontinued production of electrical panel boards and changed product profile to concentrate only on production of fin type radiators.
HITECH awarded a certified EXPORT HOUSE status by the Government of India.
Radiators manufactured by HITECH exported across the world either directly to transformer manufacturers or indirectly through transformer manufacturers in India.
2008: Expansion of the mfg. unit II in Khopoli & the expansion helped the company achieve production of almost 50 MT per day heralding it to become one of the leading manufacturers of radiators worldwide.
2009: Originally christened Hi-Tech Switchgears Private limited, the promoters changed the name of the company to Hi-Tech Radiators Private limited, so as reflect the product profile of the company.
2010: A reassessment of skill sets and performance evaluation of the management and managerial staff lead to a realigning of responsibilities. A team of highly trained experienced and motivated members became the driving force of the company.
2011: HITECH gains approval from top transformer manufacturers across the globe & recognized as a favored supplier on account of its consistent high quality and timely deliveries.
2012: Certified by Power Grid, India for the 765 kV class. HITECH joins the ranks of the limited few to gain this certification in India.
2013: HITECH diversified into the business of corrugated and distribution conventional flat walled tanks in order to tap the growing demand for the product. To achieve maximum capacity utilization and effective resource management, the company in record time, shifted all radiator manufacturing activities to the Khopoli mfg. unit II and converted the Rabale mfg. unit I to cater solely to transformer tank manufacturing activities.
2014: Sales of HITECH double and consequently the financial ratings of the company improve, there by paving the road for future expansions.
2015: Global sales crossed the 60% mark. Exports now cover 35 countries across the globe.
2017: The company invested 5 million dollars to build a world-class captive hot dip galvanizing facility – mfg. unit III. This revolutionized the company’s ability to provide a world class quality product at record delivery time across the globe.
2018: HITECH products are now supplied to 45 countries across the world.
Future: The company believes in consistently working towards achieving quality excellence and timely delivery by innovative management styles and in-house research and development, in the areas of production process and skill set improvement.