A multi product Auto part manufacturer for Steering, Suspension and Pipes from South Korea is looking to license product/design/process technology.

Posted By - Investment Banker

TECHNOLOGY APPLICATION

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-

  • Pipe related technology for Hero, TVS Two wheeler frames
  • Steering column shaft- It includes Mechanical Rack Tubes, Input/output Shaft, Machine housing, Ballnut blank, intermediate shafts, welded pipes, Hot-Forged Parts.
  • Suspension- Welded Pipes for Shock Absorber
  • Transmission- Shift Fork and Synchronizer hub
  • Others- Turbine Blades and Insulator.

Proposal

Industry Icon

Industry

Automotive

Subindustry Icon

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

Business Operating Information

Industry Icon Industry: Automotive

Industry Icon Sub-Industry: Parts/Assembly/ aggregate manufacturer

Division

Division`s Buyers/Customers

Division`s Plant Location

Division`s Products/Services

Business Strength

Rd strength

Justification Full Fledged R&D Unit

Manufacturing strength

Justification Industry 4.0 standard manufacturing process

Financial Information

2017 (in INR) 2018 (in INR) 2019 (in INR) 2020 (in INR)
Sales N.D 1714.3 Mn 2211.9 Mn N.D
EBDITA N.D N.D N.D N.D
PAT N.D N.D N.D N.D
TANGIBLE NET WORTH N.D N.D N.D N.D
LONG TERM DEBT N.D N.D N.D N.D
TOTAL DEBT N.D N.D N.D N.D

Business Document

company Presentation

CONTACT BUSINESS

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