Vaswani Industries Ltd. engages in the manufacture of sponge iron, steel billets, Ingots, and power generation. It operates through the following segments: Iron and Steel, Power, Real Estate, and Agri. The Iron and Steel segments includes sponge iron for making steel billets and ingots. The Power segment involves power generation from waste heat recovery boilers and atmospheric fluidization bed combustion boilers. The company was founded on July 22, 2003 and is headquartered in Raipur, India.