Vishwas Infocom Industries ltd, earlier known as Vishwas Steels ltd was Incorporated on 6 April 6,1990, Vishwas Steels was converted into a public limited company on 31 Jan.'92 by the registrar of the companies. The promoters of the company are Hemant M Chadha, Punit M Chadha and Rajkumar B Sabharwal. The company is engaged in the manufacture of mild steel bar with an installed capacity of 24,000 tpa at Thane.
During the year 1999-2000, the company has launched its portal - ematalinfo.com. With this foray into the IT sector, the company was renamed Vishwas Infocom Industries Ltd. The rolling mill division at Goa commenced its operations but on account of a number of unforseen and uncontrollable problems the plant could not operate continuously on a commercial basis. Since the losses have exceeded the entire net worth of the company, it has decided to make a reference to BIFR under Sick Industrial Companies Act, 1985.