Opta Group Expands Production Capabilities in India
Affival India Pvt. Ltd. is now manufacturing and selling cored wire treatments in Raipur, Chhattisgarh, India.
Amherst, New York – Opta Group LP, a portfolio company of Speyside Equity Advisors (“Speyside”), a global full-service solutions provider serving the metallurgical, construction and specialty chemical industries, is proud to announce the opening of its first plant in India, manufacturing cored wire treatments for the steel and foundry industries.
Commercial production of powder and extruded cored wire treatments began in January 2025 in the all-new 65,000 square foot facility located in Raipur, India which employees sixteen full-time and contract employees.
“In just a matter of months, with the support of our global team members and the Indian and Chhattisgarh government through the Make-in-India Initiative, we were able to bring our vision of locally serving the steel and foundry industry of India to life,” commented Nitin Govila President Molten Solutions Asia and Managing Director Affival India Pvt. Ltd.
On February 21, 2025, the team is welcoming local government officials, global company leadership and the media to the formal plant inauguration which will include speeches, tours and other traditional ceremonies.
“Opta Group is committed to serving the metallurgical industry with world-class solutions. Expanding production into India underscores our dedication to providing high quality products, service, and support with consistency and timeliness. We see tremendous growth potential in India and are excited to meet the needs of this expanding customer base,” stated Rob McKeracher, CEO of Opta Group.
Learn more about the great work being done at Affival by visiting here.
About Opta Group
Opta Group LP, a portfolio company of Speyside Equity Advisers, is a global full-service solutions provider serving the metallurgical, construction, and specialty chemical industries, offering blending, formulation, and process expertise to a diverse range of customers.
Opta Group has over 900 employees worldwide and has sales offices, production, and distribution facilities in eleven countries throughout North America, South America, Europe and Asia.
About Speyside Equity Advisers
Speyside is a Detroit-based private equity firm. The firm invests in middle-market, buyout transactions in the manufacturing and value added distribution sectors. Speyside Equity focuses on creative transaction structures and is comfortable investing in carveouts of large multinational companies, industry consolidations, family-owned businesses, bankruptcies, workouts, and other special situations. Speyside takes an operational approach to creating value in these situations. Speyside has completed 35 investments. For more information, please visit speysideequity.com.
