AML Steel is relatively a new entrant in the steel manufacturing industry. But even within its short existence it has earned itself a pioneering position in the industry. It is now the flagship company of the AML group., which started its journey in 1993 as the largest producer of video and audiocassettes in south India. The company when decided to diversify into other sectors they ventured into manufacturing steel ingots from scrap iron and thus AML Steel came to being.
It has also set up AML Steel & Power Ltd. and has been allocated 384 acres of iron ore mines by the Government of India. AML Steel has 3 subsidiaries:
1. Ankit Ispat Pvt. Ltd.
2. Ashok Steel Industries Srilanka Ltd.
3. AML Steel & Power Ltd. AML Steel Limited has a performance rewards based HR policy to attract and recruit a specialized workforce and provides on the job training to its employees.
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