Gala was set up as a manufacturer of compressor valves in 1997 and grew to become the largest player in the field besides producing disc springs and machines for mass finishing (surface finishing) and screening solutions. It counted many large compressor manufacturers in India as its clients.
After True North took a stake in Gala in July 2005, it developed a strong and professional management team, set up a new state-of-the-art manufacturing facility at Wada near Mumbai, and developed a strategy for a fine blanking initiative. It also helped the company introduce systems and processes, and implement SAP to deliver world-class quality at very competitive prices, and to enter the Chinese market with a small office and a limited manufacturing facility in that country.
With revenues and profits growing steadily, investor interest from strategic players developed. In June 2009, when Gala sold its compressor valves business to Hoerbiger, a world leader in compressor valves, True North too divested its stake to the same company.
Founder :- Kirit Gala