Anand Automotive Limited Business Report from FY ended Mar. 31, 2011 to FY ended Mar. 31, 2012

Business Highlights

Recent Developments in India

Faurecia Emission Control Technologies India Limited
-In 2011, Faurecia India acquired Yutaka's facility in Pune. The plant currently supplies exhaust systems to Fiat, GM and Tata Motors.

Contracts

Gabriel India Limited
-Major contracts that Gabriel India won in the FY ended March 31, 2012 are shown below;
  • Volkswagen "Vento", "Polo", "Fabia", "Rapid"
  • Maruti Suzuki "Alto K 10"

Awards

Gabriel India Limited
-Awards that Gabriel India won during the FY ended March 31, 2011 are listed in the table below.
Company Name Awards
TVS Motor Best Supplier Award
Bajaj Auto TPM Excellence Award
Mahindra & Mahindra Yellow Belt Award
Ford India Quality Commitment Award
Tata Motors Excellent Vendor Quality Rating
TVS Motor First prize for the Supplier Competition
Hyundai Top 5 Best Vendors

Henkel Teroson India Limited
-In July 2011, the Henkel Teroson India was given the "Best Supplier Award" by Mahindra & Mahindra.

Behr India Limited
-In July 2011, the Behr India received the "Excellence in Delivery" award from Tata Motors.

Outlook

-The Company is targeting a sales turnover of INR 100 billion by the FY ending March 31, 2017.

R&D

R&D Structure

Gabriel India Limited
-In the next three years, beginning in 2012, Gabriel India will invest around INR 200 million in various R&D activities.

R&D Activities

Gabriel India Limited
-Product development in the FY ended March 31, 2012 are shown below:
  • Developed new McPherson strut and gas charged shock absorber for a global OEM.
  • New design commercial vehicle shock absorber was launched for niche market in Australia.
  • New front fork developed for better comfort with hydraulic cushion.
  • Light weight super safe McPherson strut with hollow piston with enhanced safety.
-In FY ended March 31, 2011, a new product called "LAD: Load Adaptive Damping" was developed and trials were taken on three different customers vehicles. LAD ensures smooth ride at varying loads.

Perfect Circle India Limited
-In March 2012, Perfect Circle India filed and published a patent for the design of gapless piston rings.

Investment Activities

Investments in India

Gabriel India Limited
-In the FY ended March 31, 2012, the Company enhanced its capacity substantially at the Parwanoo plant.

Spicer India Limited
-In 2011, Spicer India's plant in Chakan, Pune began operations. The primary purpose of the plant is to produce AdvanTek series gears. The facility has an annual production capacity of 240,000 gear sets and employs 100 people.

Mahle Filter Systems India Limited
-In January 2011, Mahle Filter Systems India started operations at its new filter plant in Chennai. The Chennai plant manufactures air filter systems, intake modules and cylinder head covers. The plant is also a competence center for injection molding.

Behr India Limited
-In 2011, Behr India started manufacturing at its new plants in Sanand and Chennai. The Sanand plant was constructed to manufacture HVAC units for the Tata "Nano." The Sanand plant has an annual production capacity of 225,000 HVAC assemblies. The Chennai plant was established to manufacture engine cooling modules and HVACs for Renault-Nissan. The Chennai plant can manufacture 225,000 engine cooling modules and 55,000 HVACs a year.