VMS Industries

VMS Industries Limited is a public company based in India, specializing in environmentally sound ship breaking activities and the trading of recovered ferrous and non-ferrous metals. The company's core policy on Corporate Governance is to adopt superior standards through the continual improvement of internal systems to ensure satisfaction for its stakeholders. This philosophy is driven by the principles of fairness, transparency, accountability, and responsibility in its operations, with the ultimate goal of enhancing shareholder value. Its primary business involves acquiring old ships from the international market and dismantling them at its recycling yard in Alang, Gujarat, to produce high-quality scrap materials. The steel processed from this scrap is of superior quality with high yield strength and is suitable for producing construction steel without needing to be re-melted. Highlighting its strong performance, the company was recognized by the 'Financial Times' as one of the High-Growth Companies in the Asia-Pacific region in 2020.;