Posted By - Investment Banker
For over 30 years, this company has been focusing on producing and exporting automobile steering systems to over 10 countries including the US, Europe, and South East Asia.
As a result of rapid changes in the automobile industry and shift of the market to electronic products, however, they realized the limits in producing a single item. Now, the general agreement among the staff was that they need to move on to module parts, and the company has been focusing on module part development for the past two years based on their 20 years of experience in rack tube and extensive knowledge related to automobile steering systems, until they successfully developed the world-class I-Shaft.
With their experience and technology related to processing and automation, they continue to make effort and achieve innovation without limiting themselves to only steering system parts.
Keys Products include-
Industry
Automotive
Sub-Industry
Parts/Assembly/ aggregate manufacturer
Technology/Product/Service Offering
We make steering/ suspension using forging process
Technology Category
Process Technology, Design Technology, Product Technology
Target Strength Sought
Design/IP/Technology access,
Target Stage Of Business
Commercial Production with exports as well
Industry
Automotive
Sub-Industry
Parts/Assembly/ aggregate manufacturer
Division
Division`s Buyers/Customers
Division`s Plant Location
Division`s Products/Services
Justification
Full Fledged R&D Unit
Justification
Industry 4.0 standard manufacturing process
2017 (in Cr) | 2018 (in Cr) | 2019 (in Cr) | 2020 (in Cr) | ||
---|---|---|---|---|---|
Sales | N.D | INR 171.43 Cr | INR 221.19 Cr | N.D | |
EBITDA | N.D | N.D | N.D | N.D | |
PAT | N.D | N.D | N.D | N.D | |
TOTAL DEBT | N.D | N.D | N.D | N.D |
If you are interested to connect with this party, please send an Expression of Interest and receive Information Memo to take this opportunity further