Technocraft Industries (India) Ltd. produces drum closures. It operates through following segments: Drum Closure, Scaffolding & Formwork, Yarn, Power and Fabric & Garments. The Drum Closure segment involves the export of drum closures to drum producers all over the world. The Scaffolding segment manufactures and supplies steel tubes and scaffolding. The Yarn segment offers cotton ring spun yarn. The Power segment generates power by coal based thermal power plants. The Fabric & Garments segment manufactures textile garments. The company was founded by Sharad Kumar Madhoprasad Saraf and Sudarshan Kumar Madhoprasad Saraf in 1972 and is headquartered in Mumbai, India.