homecontact us
productssales & operationsthe future



Events & Milestones

about us > events & milestones

Events & Milestones

Bhagwat Prasad Mittal (BM) is born as the second (surviving) son of Shambhu Dayal, a landlord and a lawyer by profession, at Bijnor, a small town in Western Uttar Pradesh
BM (1923-2007), founder of Group Aristocraft, graduates in Mechanical & Electrical Engineering from the Banaras Hindu University, Varanasi, Uttar Pradesh
BM establishes the Flowmore Group of Industries as its co-founder, manufacturing heavy engineering equipment required by the Government of India
Birth of Aristocraft International Private Limited, established to manufacture ready-wear garments for catering to the International markets. A small factory is set-up at Faridabad, Haryana, for the purpose
Aristocraft International is accorded a 'recognised export house' status by the Government of India
Aristocraft diversifies into the conversion industry, custom-slitting delicate and narrow webs of films, foils and laminates
Pioneering efforts for the development of Security thread for the Indian banknotes, as an import-substitute begin
Anshu Mittal, the second generation entrepreneur, joins Aristocraft, simultaneously pursues under-graduation at the Shriram College of Commerce, University of Delhi
Anshu Mittal, graduates from the University and joins Aristocraft whole-time
Aristocraft is successful in the development of Security thread and is awarded its first large order against a global tender for supply of security thread for banknotes, by the Government of India
Aristocraft receives a request letter from the Government of India, desiring it to develop new technology security thread for the Indian banknotes. Aristocraft accepts the challenge (opportunity)
Aristocraft establishes an automotive component production unit at Faridabad, Haryana

Birth of Flowmore Engineering Private Limited, now FlowmoreBMG Autospace Private Limited
BM after a serious setback in health, retires as an active entrepreneur, but continues to mentor the group activities

Aristocraft successfully develops the new technology security thread for banknotes and commences bulk supplies to the Indian Government
Flowmore Engineering acquires industrial land at Faridabad, Haryana
Aristocraft develops security thread for the Indian non-judicial stamp papers
Aristocraft enters into technical-collaboration agreement with Papierfabrik Louisenthal, Germany, for machine-readable security threads
A green-field facility for the manufacture of machine-readable security threads is created at Himachal Pradesh, and supplies are commenced
Demise of Bhagwat Prasad Mittal
Expansion of the automotive component division at Faridabad, Haryana