AKSHAY GAIKWAD
is the Founder and Managing Director of ARIA IASF Technologies and the driving force behind the company’s engineering innovation. With deep expertise in industrial plant design, airflow engineering, and clean process technologies, he has led the development of advanced systems for dust and fume extraction, surface finishing plants, and mineral processing solutions.
Akshay is also the innovator behind ARIA’s proprietary technologies, focusing on improving industrial efficiency while enabling environmentally responsible processes. His work combines practical engineering with scalable plant solutions designed for heavy industries, energy, and materials processing.
THE
TEAM
AKSHAY GAIKWAD : FOUNDER & MD
Founder of IASF, with 15+ years in plant design and project execution, driving ARIA’s green and profitable innovations.
KISHORE VALHALLA: CBDO GLOBAL
South Africa-based entrepreneur in gold mining, adding international business insight and partnerships.
BLAISE ALPHANSO: DIRECTOR
With 20+ years of experience in resource management at a large multinational, he brings strategic depth to Aria’s leadership.
DR MILIND KAMBLE (PADMA SHRI): MENTOR
Founder of DICCI and Padma Shri awardee, guiding Aria with his vision for inclusive, sustainable growth.
KAUSTUBH GAIKWAD: CBDO INDIA
Brings 20+ years of expertise in customer relationship and business acquisition, driving Aria’s growth in India.
FABIO VITALE: CHIEF FINANCIAL OFFICER
Chartered Accountant with global experience, ensuring sound financial governance and sustainable growth.
ISMAIL BOXWALA: EXECUTIVE DIRECTOR
Brings 20+ years in hardware and industrial supplies, ensuring efficient, high-productivity project operations.
RAJESH PATIL: CHIEF OPERATING OFFICER
A Mechanical Engineer with 20+ years of expertise in project management and operations, ensuring execution excellence at Aria.
Company History
IASF Technologies was incorporated in 2017 in South Africa, marking the beginning of its journey in industrial engineering solutions.
The company initially entered the automotive sector, specializing in:
- Surface refining and paint finishing plants
- Spray booths and curing systems
- Dust extraction and environmental control systems
Between 2017 and 2023, the company experienced strong growth in South Africa, successfully delivering 150+ projects across automotive and industrial sectors. These included paint shops, shot blasting plants, dust collectors, automation systems, and turnkey finishing solutions for leading clients.
In 2023, IASF Technologies achieved a key milestone by diversifying into the coal beneficiation sector, with the successful execution of a coal separation plant in South Africa.
The same year, the company expanded globally by establishing IASF Technologies India Private Limited, marking its entry into the Indian market.
From 2024 onwards, the company has been actively executing projects in India across automotive and industrial applications, including paint booths, pretreatment systems, and plant modifications, while also delivering export projects.
In 2025, IASF Technologies strengthened its position in the coal sector in India by entering into strategic collaborations with:
- Bharat Coking Coal Limited (BCCL) – MOU for coal plants
- Indian Institute of Technology (IIT Patna) – NDA for coal research and development
- Vedanta Limited – MOU for coal beneficiation projects
Today, IASF Technologies is focused on becoming a leading solution provider in coal beneficiation, industrial systems, and environmental technologies across India, Africa, and global markets.