MODISON was founded as a trading unit in 1965, by Mr. G. L. Modi, to deal in tool steels and export of engineering and general merchandise.
A decade later in 1975, Mr. G. L. Modi established the first manufacturing facility in Mumbai (Bombay) for refining of silver and started exporting large quantities of refined silver to renowned bankers and dealers in Europe and U.S.A. MODISON was instrumental in establishing ‘999’ Good Delivery Silver Bars status in India for bullion trading.
Within two years after starting silver refining, the company’s founder realized the vast potential for Electrical Contacts and Contact Materials in switchgear industry and thus facilities were added to manufacture silver and silver alloy wires, plates, strips and solid / bimetal contacts. This was the beginning of MODISON’s contacts manufacturing at Mumbai. The company soon realized that in order to cater to the market needs, the company must have a sound technical and R&D back-up. With this in mind the company signed up technical collaboration with DODUCO KG, Pforzheim, Germany, in 1983, the world’s leading manufacturer of contact materials.
From 1983 till 1996 MODISON had technical collaboration with DODUCO. The excellent technical support from DODUCO helped MODISON develop many hi-tech products, which were hitherto, imported by Indian Switchgear Industry.