Miranda Tools is part of the Ashok Piramal Group, a diversified business conglomerate, based out of India. The company is market leader in Toolbits and Saws and a leading player in Endmills and Drills in India. Established in 1945, Miranda Tools manufactures HSS Tools Bits, Drills, End mills, Reamers, HSS Saws, Metal Cutting Bandsaw Blades, Bi-Metal bandsaws and annular cutters. It has three manufacturing units in Gujarat in Western India and is the biggest exporter of high speed steel cutting tools. The company exports mainly to USA, UK, Europe, Middle East, South East Asia, Scandinavian countries & Australasia.

Miranda Tools has a JV for threading taps with M/s. French Engineering company Few Tools Pvt Ltd (FEW. Miranda Tools was the first Indian company manufacturing high speed steel tools to have been awarded the ISO 9002:1994 certificate by BVQI in August 1994. The company is certified ISO 9001:2008 by BVQI.

The company has business associates in over 25 countries. On the domestic front, it has 400 distributors and 11 branch offices.