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Martin Howard MHA India Private LTD.: 3 Central Lane New Delhi-110001 India Tel: 9111-23351272 Mo: 9810508831
Martin Howard MHA India Private LTD.: 3 Central Lane New Delhi-110001 India Tel: 9111-23351272 Mo: 9810508831
Dear Richard,
Reference our discussion on the Automobile components manufacture (ACM) business set-up in India I
am forwarding to you under cover of this letter a listing of major ACM per the ACMA publication
February 2005. A file on the ACM from the ACMA web site is also attached.
During 2004, the Automotive industry and the Auto components Manufacturers (ACM) recorded a +30
% growth in the 4 wheel segment in India. Both the Auto and the ACM sector exported USD 1 Billion
each. It is estimated that the ACM sector will record a growth of 40% in exports in 2004-2005. According
to a recent ACMA and McKinsey & Company report the component sector has the potential to grow
500% from its current level to a total size of USD 40-45 billion by 2015 thus creating employment for
2.55 million in India.
We can assist you in linking with potential partners for collaborations, JV’s and other areas of business
considering product range to be manufactured is in synergy with the Indian ACM. We can work on
Acquisitions or merger options for faster project implementation.
A foreign company can even follow the direct sole project implementation route like what GKN plc did
in 1986 through its German arm Unicardan AG by forming Invel Transmissions Limited (Now renamed
GKN Driveline India Ltd). It was the first Indian company to be formed in India
a. without an Indian promoter and
b. with Equity participation from International Finance Corporation (Washington), an affiliate of the
World Bank.
This way they retained control of the company and also avoided the Indian Financial Institutions
convertibility clause on term loans despite borrowing from them. The company was set up by
professionals. GKN even bought back the shares from the Indian Public and now owns near 95% of the
share capital.
Do let me know in case you have any query on product, company or any matter and it shall be my
pleasure to answer the same. We can also arrange for you to meet ACMA officials in case you plan a trip
to Delhi and can arrange for you to visit some ACM plants near Delhi.
Warm regards.
Yours sincerely,
Martin Howard
SELECTIVE LIST OF ACMA MEMBERS
Source: ACMA Buyer’s Guide 2005
Lists Companies/Groups with turnover exceeding USD 100 million and already established as reputed
Auto Components Manufacturers (ACM) supplying to leading Indian (International) auto companies.
Main products manufactured are mentioned. The list of ISO Standards mentioned may not be exhaustive
as there are several standards in force in one company.
Apart from these there are several other smaller companies with reputed foreign collaborations and
willing to expand. Timely supplies, competitive pricing and Quality control are hallmarks of the ACM
business. These small companies though not mentioned hereunder are also the backbone of the Indian
ACM. Nearly all the small ACM are ISO approved.
Other players that do not appear below but can be groomed for expansion are
Minda, DCM Engineering Products, Fenner, Sona, Sigma, Varroc Engineering Pvt Ltd., DD Industries
Ltd., Anand Group (Once a mighty player in the ACM sector.). Talwar group better known as Talbros
also comprises small companies but good product range and experience in the ACM sector. This list is by
no means exhaustive.
Many foreign independent ACM’s also exist but do not find a listing on account of size in the list below
e.g. GKN Driveline India Ltd., Denso India Ltd. and some others.
Most of the major ACM’s are located in Chennai, Pune and Gurgaon i.e. Tamil Nadu, Maharashtra and
Haryana signifying nearness to the major customers. Only the main postal address and
Telephone/Fax/Email references are given per ACMA guide.
Brakes India Ltd. (TVS Group) (Other companies of the group appear below)
Postal Address: Padi, Chennai –600 050 Tamil Nadu.
Phone: 044-26258161
Fax: 044-26257010, 26257844
Email: bitvs@md2.vsnl.net.in
CEO/MD: Mr R Ramanujam
Year of commercial production: 1964
Products: Brake equipments, Calipers, Wheel cylinders, Castings
Employees: 2918
Quality Systems Standard: ISO 9000:2000, QS: 9000 Deming Award. JIPM award
Collaboration: TRW Inc USA, Tokico Japan and several others.
Sales USD Million: 223 inc. exports 31.4
Principal customers: All major auto producers.
Pricol Ltd
Postal Address: 1087 –A , Avanashi Road, Coimbatore, 641037 TN
Phone: 0422-5336000
Fax: 0422-5336299
Email: city@pricol.co.in
CEO/MD: Vijay Mohan
Year of commercial production: 1975
Products: Ammeter, Instruments, dash-board items, etc.
Employees: 4205
Quality Systems Standard: QS 9000 by BVQI, ISO 14001 by BVQI
Collaboration: Denso Japan, Nippon Seiki Japan, Yoyoda Gosei Japan, NHK spring Japan, Directed
Electronics USA.
Sales USD Million: 95 inc. exports 10
Principal customers: All major auto producers
Subros Ltd
Postal Address: LGF World Trade Center, Barakhamba Lane New Delhi 110001
Phone: 011-23414946
Fax: 011-23414945
Email: dmukharjee@subroslimited.com
CEO/MD: Ramesh Suri
Year of commercial production: 1986
Products: Air conditioning systems for autos.
Employees: 1438
Quality Systems Standard: ISO 9002 by BVQI, QS 9000 by BVQI, ISO 14001 by BVQI
Collaboration: Denso Corporation Japan, Suzuki Japan
Sales USD Million: 138
Principal customers: All major auto makers
Postal Address:
Phone:
Fax:
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CEO/MD:
Year of commercial production:
Products:
Employees:
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Principal customers: