Founded in 1996, Happy Steel Limited is an integrated manufacturer of safety critical, forgings and machined transmission and driveline components for applications on highway, off-highway, electric vehicle (EV) and defense sectors. The company operates through all manufacturing process steps that include sourcing raw materials, forging, heat treatment, precision machining, gear cutting, drilling, surface hardening, grinding, inspection, and packaging. The integrated manufacturing process allows the company to manufacture components with mechanical properties, accurate dimensions, and quality as per customers' requirements. Products manufactured by Happy Steel Limited include a variety of axles, long spline shafts, spindles and many other safety critical and load bearing components which are extremely essential for vehicle performance and safety. The products are supplied to OEMs and Tier I suppliers in India and internationally. The firm has built up considerable knowledge in the internal manufacture of high strength and high-performance parts using advanced forging, machining, and rigorous quality control processes. The company's quality system is structured in such a way as to guarantee adherence to customers' specifications, as well as relevant regulation and international industry standards. As of December 31, 2025, Happy Steel Limited had a staff strength of 429 people in different divisions.