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TCR Advanced: 25 Years of Innovation and Excellence

In 2024, TCR Advanced Engineering proudly marks its 25th anniversary—a silver jubilee of pioneering solutions in failure analysis, asset integrity, and industrial research. Founded by the late Mr. VK Bafna of TCR Engineering and Mr. Paresh Haribhakti, TCR Advanced Engineering has become India's leading center for applied metallurgical services. With its innovative approach and unwavering commitment to excellence, the company has also solidified its position as a key global player in the industrial sector.



The Visionaries Behind TCR Advanced Engineering

The genesis of TCR Advanced Engineering lies in the collaborative vision of two stalwarts:

  • Mr. VK Bafna, a veteran in engineering services, who brought unparalleled expertise and leadership.

  • Mr. Paresh Haribhakti, a metallurgical expert renowned for his work in troubleshooting and corrosion management.


Their synergy birthed a company dedicated to providing cutting-edge solutions for India’s industrial challenges, focusing on safety, sustainability, and operational reliability.


Following Mr. Bafna’s passing, Mrs. Neelam Bafna stepped up as a beacon of strength, guiding the company through a critical period of transition with unwavering determination. Adding a modern, global perspective to the company’s growth, Mr. Rohit Bafna has been instrumental in expanding TCR’s reach internationally, showcasing Indian expertise on a global platform.


Core Competencies and Services

Today, TCR Advanced Engineering is recognized for its state-of-the-art metallurgical research facilities and its ability to solve complex industrial challenges. The company offers a wide array of services, including:

  • Failure Analysis & Root Cause Investigation

    Identifying causes of material failures and providing actionable recommendations to prevent recurrence.

  • Fitness-for-Service (FFS) Assessments

    Evaluating the integrity and safety of critical assets to ensure uninterrupted operations.

  • Materials Selection & Applied Research

    Guiding industries in choosing durable, efficient materials while addressing real-world industrial problems.

  • Asset Integrity & Plant Life Extension

    Enhancing equipment reliability and extending the operational lifespan of critical assets through advanced diagnostic tools.


Bridging Academia and Industry

A cornerstone of TCR Advanced Engineering’s success is its emphasis on collaboration with academic institutions. Through partnerships with universities, TCR mentors graduate and doctoral students, enabling them to apply theoretical knowledge to industrial applications.


“Our research partnerships not only advance engineering knowledge but also contribute to solving global challenges, such as extending component life and optimizing manufacturing processes,” said Mr. Paresh Haribhakti.


A Global Expansion Story

Under the leadership of Mr. Rohit Bafna, TCR Advanced Engineering has broadened its horizons, establishing itself as a trusted partner for industries worldwide. This expansion reflects the company’s commitment to bringing Indian innovation to the global stage.

“India has a wealth of talent, and our vision is to showcase this talent on the global stage,” remarked Mr. Bafna.


Today, TCR Advanced Engineering is a global frontrunner, renowned for its expertise in addressing industrial challenges with precision and innovation.



Looking Ahead: The Future of Industrial Solutions

As TCR Advanced Engineering looks to the future, its focus remains on a preventive approach to asset management. Through tools like Asset Integrity Optimization & Management (AiOM) and data-driven monitoring systems, the company aims to redefine industrial efficiency by minimizing downtime and optimizing performance.


“We are committed to leading the way in preventive maintenance and asset management,” added Mr. Haribhakti.


With over 8,500 industrial challenges solved and a robust research pipeline, TCR Advanced Engineering is poised to remain at the forefront of metallurgical solutions for decades to come.




A Legacy of Excellence

From its humble beginnings to becoming a global leader, TCR Advanced Engineering’s 25-year journey is a testament to visionary leadership, technological innovation, and a steadfast commitment to excellence. With the legacy of Mr. VK Bafna, the expertise of Mr. Paresh Haribhakti, and the dynamic leadership of Mr. Rohit Bafna, supported by Mrs. Neelam Bafna and Mrs. Alpana Haribhakti, TCR Advanced Engineering is set to shape the future of industrial solutions worldwide.


Here’s to 25 years of excellence—and to an even brighter future ahead!


TCR Advanced Invite for 25 Years Anniversary party
TCR Advanced Invite for 25 Years Anniversary party

Speech of Mrs. Neelam Bafna, Chairwoman



Speech of Mr. Rohit Bafna, Director



Media Coverage




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