Anand Automotive Limited Business Report FY ended Mar. 2018
Recent Years
Financial Overview (FY ended March 31, 2018)
Gabriel India Limited
-Gabriel India's sales for the fiscal year ended March 31, 2018 increased by 20.6% from INR 15,205 million in the previous fiscal year to INR 18,331 million. It reported a 17.2% growth in EBITDA, largely based on volume growth in the Aftermarket, Passenger Car and Commercial Vehicle Business Units and the control of raw material costs.
Financial Overview (FY ended March 31, 2017)
Gabriel India Limited
-Gabriel India's sales for the fiscal year ended March 31, 2017 increased by 6% from INR 14,264 million in the previous fiscal year to INR 15,130 million. It reported a 11.4% growth in EBITDA, largely based on volume growth in the Aftermarket, Passenger Car and Commercial Vehicle Business Units and the control of raw material costs.
Financial Overview (FY ended March 31, 2016)
Gabriel India Limited
-Gabriel India's sales for the fiscal year ended March 31, 2016 decreased by 2% from INR 14,298 million in the previous fiscal year to INR 14,264.2 million. The Company reported 9.2% growth in EBITDA, largely on account of volume growth in the Aftermarket, Passenger Car & Commercial Vehicle Business Units and the control of expenses, primarily raw material costs.
Financial Overview (FY ended March 31, 2015)
Gabriel India Limited
-Gabriel India's sales for the fiscal year ended March 31, 2015 increased by 12.2% from INR 12,745 million in the previous fiscal year to INR 14,298 million. Gabriel India had an increase in sales for the two- and three-wheeler, commercial vehicle, and export segments, which was partially offset by a decrease in sales in the passenger vehicle segment.
Financial Overview (FY ended March 31, 2014)
Gabriel India Limited
-Gabriel India's sales for the fiscal year ended March 31, 2014 increased by 6.6% from INR 11,960 million in the previous year to INR 12,745 million. Sales growth for the two- and three-wheeler markets and the commercial vehicle market was slightly offset by a decline in the passenger vehicle market.
-In the fiscal year ended March 31, 2014, Gabriel India's exports dropped 13.7% from INR 415 million to INR 358 million. The decrease was due to a drop in sales to a customer in a key market which was caused by local political unrest.
Victor Gaskets India Limited
-Net sales for Victor Gaskets in the fiscal year ended March 31, 2014 was INR 711.0 million, representing a 4.6% decrease from INR 745.1 million the year before. The decrease in sales was caused by declining economic conditions in Europe.
Financial Overview (FY ended March 31, 2013)
Gabriel India Limited
-Sales in the fiscal year ended March 31, 2013 for Gabriel India increased by 7.2% from INR 11,153 million to INR 11,960 million.
-In the fiscal year ended March 31, 2013 Gabriel India's total exports dropped by 25.0% from INR 553 million from the previous fiscal year to INR 415 million.
-Gabriel India estimates that it is the market leader in shock absorbers and front forks with a 45% market share in India in the passenger vehicle segment and over an 80% market share in India in the commercial vehicle segment.
-Gabriel India has a combined capacity of over 24 million shock absorbers and struts and 2.7 million front forks.
Chang Yun India Limited
-Chang Yun India has an annual production capacity of 9 million synchronizer rings.
Anand I-Power Limited (formerly Perfect Circle India)
-Anand I-Power Limited exports approximately 55% of its product range to overseas markets.
Valeo Friction Materials India Limited
-Valeo Friction Materials India has an annual production capacity of over 14 million facings.
Joint Ventures
Anand Group and MAHLE Germany
-In February 2018, the Anand Group announced the signing of revised Joint Venture (JV) Agreements with MAHLE, Germany for both existing Joint Ventures for Filteration Products and Thermal Products.
The MAHLE and ANAND agreements include provisions for enhancing the support from both partners, including the availability of the latest technologies and advanced products to ensure the continuous profitable growth and success of the two JVs, which will be renamed MAHLE ANAND Filter Systems Private Limited and MAHLE ANAND Thermal Systems Private Limited.
Anand I-Power Limited and Federal-Mogul Anand Sealings India Limited
-In March 2015, the Company and Federal-Mogul Powertrain announced that they entered into an agreement to convert the Company's sealing and piston ring businesses into joint venture operations. The new joint ventures will be known as Federal-Mogul Anand Sealings India Limited and Anand I-Power Limited. Federal-Mogul Powertrain holds a 51% stake of the new sealing joint venture; the Company, along with smaller shareholders, will own the remaining 49%. The Company will hold a majority stake in the piston ring joint venture, Anand I-Power Limited. (From a press release on March 10, 2015)
Mando Automotive India Limited
-In 2013, the Company and Mando Corporation agreed to the merger of the two joint ventures partnered by the two companies. The new company, known as Mando Automotive India Limited, was formed from the merger of Mando India Limited and Mando Steering Systems India Limited. Mando Automotive India has a combined turnover of INR 12,350 million. The consolidated operations of the new company were scheduled to begin in April 2013. Approximately 1,200 people will be employed by Mando Automotive India. The new company will manufacture brakes, suspensions and steering systems. (From a press release on February 20, 2013)
Mando India Steering Systems Private Limited
-In 2012, the Company acquired a 26% share in Mando India Steering Systems (MIS) from the Mando Corporation. MIS was established in 2006 and generated KRW 108 billion in sales in 2011. (From a press release on October 29, 2012)
Business Partnerships
Anchemco ANAND LLP
-Anchemco ANAND LLP, an ANAND Group company, and Bluetech Holdings Limited, Hong Kong entered into a Technology License Agreement effective March 1, 2018. With this agreement, Anchemco has the exclusive rights to manufacture, distribute and sell/transfer AdBlue®, an aqueous urea solution used in Selective Catalytic Converters (SCR), to the Indian OEMs and Aftermarket.
Ansysco
-In February 2015, Liqui Moly, a German motor oil and additives company, and Ansysco announced the formation of a business partnership at the Automechanika exhibition in New Delhi. Liqui Moly hopes to use Ansysco's distribution and retail network to establish its products in India, while at the same time broadening the Company's product range. (From a press release on February 26, 2015)
Gabriel India Ltd.
-Gabriel India Ltd., the flagship company of Anand Group informed that it signed a Technology Assistance Agreement (TAA) with TORRE (Gabriel South Africa) to provide technology on products and processes. Gabriel South Africa produces shock absorbers, MacPherson struts, strut cartridges (pressurized and non-pressurized designs), and gas springs (Gabriel Gas Lift). (From Gabriel India investor presentation for Q3, FY 2016-17)
Ansysco Anand
-Ansysco Anand, a Group company of ANAND Automotive and SEIKEN CHEMICAL INDUSTRY CO.,LTD., Japan announced entering into a Technical Assistance Agreement (TAA) to manufacture and sell Coolant and Brake Fluids to Japanese OEMs in India. This collaboration will ease the entry of Ansysco Anand into Japanese OEM’s who contribute to nearly 60% of vehicle sales in the Indian automotive market. (From a press release on January 17, 2017)
Contracts
Gabriel India Limited
-During the year ended March 31, 2018, the company won business to supply parts for the Maruti Suzuki Vitara Brezza, Maruti Suzuki Ignis, Maruti Suzuki S-Cross and Volkswagen Ameo.
Mahle Filter Systems India (MFSIL)
-During the year ended March 31, 2018, Mahle Filter Systems India (MFSIL) added a new product range, expanding into carbon canister products to meet BS-IV and BS-VI emission norms. The product is being used in Maruti Suzuki’s Ertiga MUV.
Gabriel India Limited
-In March 2017, Gabriel India Ltd. informed that it won export orders from Isuzu for Thailand and Indonesia in the CV Segment. In addition, the company also received export orders from Mahindra GenZe USA for the eScooter Amphere.
Ansysco Anand
-In January 2017, Ansysco Anand, a Group company of ANAND Automotive and SEIKEN CHEMICAL INDUSTRY CO.,LTD., Japan announced entering into a Technical Assistance Agreement (TAA) to manufacture and sell Coolant and Brake Fluids to Japanese OEMs in India. This collaboration will ease the entry of Ansysco Anand into the Japanese OEM’s who contribute to nearly 60% vehicle sales in the Indian automotive market. SEIKEN CHEMICAL INDUSTRY was founded in April 1959, which was originally Brake & Brake Fluid Laboratory of Meiji Sangyo Company. It had a sales turnover of JPY 3.2 billion with a paid up capital of JPY 90 million. (From a press release on January 17, 2017)
Mando Automotive India Limited
-In 2014, Mando India developed the electric power steering system used in the Datsun Go sold in India. Mando India received the "Best Engineering Support" award from Nissan primarily for system development. The electric power steering system not only offers improved drivability, but also provides weight savings of approximately 12%. (From a press release on April 1, 2014)
Spicer India Limited
-In 2013, Dana Holding Corporation announced that it is expanding its business relationship with Mahindra & Mahindra Ltd. by supplying Spicer axles with AdvanTEK gears. These axles would be used in Mahindra & Mahindra's new platform for sport-utility vehicles and small trucks. Spicer India's facility in Chakan, India, will manufacture the AdvanTEK gears for Mahindra & Mahindra starting in mid-2015. (From a press release on October 22, 2013)
Henkel Teroson India Limited
-In August 2012, Henkel Teroson India announced that it will be supplying products for the Chevrolet CN-100 platform of General Motors India. Henkel Teroson also announced that it will manufacture products for Ford's B515 platform and for Tata Motors.
Awards
Fiscal year ended March 31, 2018
Customer Awards
|
S.No |
Group Company |
Customer |
Award |
|
1 |
ANAND CY Myutec Automotive Private Limited (ACYM) |
Maruti Suzuki India Limited |
Overall Performance Award |
|
2 |
Henkel ANAND India Private Limited (HAIPL) |
Maruti Suzuki India Limited |
Overall Performance Award |
|
3 |
Faurecia Clean Mobility (FECT India Pvt. Ltd.) |
Hyundai India |
LOGISTICS EXCELLENCE AWARD |
|
4 |
Gabriel India |
Mahindra |
Sustainability Award |
|
5 |
Gabriel India |
SML Isuzu Ltd. |
Supplier Excellence Award |
|
6 |
Spicer India |
Tata Motor |
‘Best In Class’ |
|
7 |
Spicer India |
Maruti Suzuki India Limited |
Design & Development’ |
Fiscal year ended March 31, 2017
Customer Awards
| S.No | Group Company | Customer | Award |
| 1 | ANAND Group | Mahindra | ‘Business Partner of the Year – Automotive Division’ award |
| 2 | Henkel Anand India | Mahindra | Outstanding contribution in ‘Innovation’ in “Automotive and Farm” sector |
| 3 | MAHLE Behr India | Mahindra | Outstanding contribution in ‘Sustainability’ in “Automotive and Farm” sector |
| 4 | Chang Yun India | Maruti Suzuki India Limited | “Overall Excellence Award-Platinum” at vendor award ceremony |
| 5 | MAHLE Behr India | VE Commercial Vehicles Limited | Pune plant won “Fuel Economy Enhancement”award during Annual Supplier Conference |
| 6 | MAHLE Behr India | FIAT CHRYSLER AUTOMOBILES India | Best Supplier Award during Quality Month Celebrations |
| 7 | Mando India | Hyundai Motor India Limited | ‘Supply Chain Excellence Award’ |
Fiscal year ended March 31, 2016
Customer Awards
| S. No | Group Company | Customer | Award |
| 1 | Spicer India | Caterpillar | Jodalli plant was honoured with a Bronze Certification in the SQEP (Supplier Quality Excellence Process) category. |
| 2 | Anchemco | Bosch India | Best Supplier Quality |
| 3 | Gabriel India | Suzuki Motorcycle India Private Limited | Best performance in the field of “Cost Reduction—VAVE”. |
| 4 | Gabriel India | Toyota Kirloskar Motor Private Limited | “Best Kaizen” Award for Western region and Appreciation Award for “Meeting the Quality Targets” |
| 5 | CY Myutec Automotive India | Hyundai Motor India Limited | “5 star award” and “Overall performance award” |
| 6 | Federal-Mogul Anand Sealings India | Mahindra | “Best supplier” for 2014 by “Mahindra Spares Division” |
Industry Awards
| S. No | Group Company | Customer | Award |
| 1 | Gabriel India | International Convention on Quality Circles (ICQC) | Gabriel Parwanoo won the 'Silver Award' at the ICQC (International Convention on Quality Circles) competition. |
| 2 | Gabriel India | Federation of Indian Chambers of Commerce & Industry (FICCI) | Dewas plant won Gold Prize (Second) in the Large Size Category of FICCI Quality System Excellence Award for Manufacturing. |
| 3 | Chang Yun India | Automotive Component Manufacturers Association of India (ACMA) | Bronze Trophy in the Excellence in Quality & Productivity (Large) category at 55th Annual Session & National Conference of Automotive Component Manufacturers. |
| 4 | ANAND Group | Golden Peacock Awards | Won the Golden Peacock Award Innovation Management. |
| 5 | Spicer India | Confederation of Indian Industry (CII) | Spicer Jodalli was amongst 12 best companies in Southern Region winning the 4-Star EHS award |
Outlook
-The Company is targeting a sales turnover of INR 150 billion by the fiscal year ending March 31, 2020.
Technological Alliance
|
Company Name |
Partner |
|
ANSYSCO ANAND |
LIQUI-MOLY |
|
SEIKEN CHEMICAL INDUSTRY COMPANY |
|
|
BLUETECH HOLDINGS LTD |
|
|
Gabriel India Limited |
KYB CORP |
|
YAMAHA MOTOR HYDRAULIC SYSTEMS |
|
|
KYBSE, SPAIN |
|
|
KONI BV |
|
|
Henkel Teroson India Limited |
Sunrise MSI, Japan |
Ansysco Anand
-In January 2017, Ansysco Anand, a Group company of ANAND Automotive and SEIKEN CHEMICAL INDUSTRY CO.,LTD., Japan announced entering into a Technical Assistance Agreement (TAA) to manufacture and sell Coolant and Brake Fluids to Japanese OEMs in India. This collaboration will ease the entry of Ansysco Anand into the Japanese OEM’s who contribute to nearly 60% vehicle sales in the Indian automotive market. SEIKEN CHEMICAL INDUSTRY was founded in April 1959, which was originally Brake & Brake Fluid Laboratory of Meiji Sangyo Company. It had a sales turnover of JPY 3.2 billion with a paid up capital of JPY 90 million. (From a press release on January 17, 2017)
Gabriel India
-In March 2017, Gabriel India Ltd., the flagship company of Anand Group announced that it signed a Technology Assistance Agreement (TAA) with TORRE (Gabriel South Africa) to provide technology for products and processes. Gabriel South Africa produces shock absorbers, MacPherson struts, strut cartridges (pressurized and non-pressurized designs), and gas springs (Gabriel Gas Lift). (From the Gabriel India investor presentation for Q3, FY 2016-17)
Gabriel India Limited
-In November 2014, ITT Corporation announced that its KONI brand has signed a technology license agreement with Gabriel India Limited. The agreement will allow the companies to better serve the suspension needs of the Indian commercial vehicle, bus, and industrial equipment markets. As part of the agreement, KONI will provide technology that will allow Gabriel to manufacture damper products for the original equipment market and aftermarket in India as well as Bangladesh, Sri Lanka, Nepal and Bhutan. The agreement includes areas relating to the design, development and manufacture of high-end shock absorbers. (From a press release on November 18, 2014)
R&D Expenditure(in million INR)
Gabriel India Limited
|
FY ended Mar. 31, 2018 |
FY ended Mar. 31, 2017 |
FY ended Mar. 31, 2016 |
|||
|
R&D Expenditure |
As Percentage of Total Turnover (%) |
R&D Expenditure |
As Percentage of Total Turnover (%) |
R&D Expenditure |
As Percentage of Total Turnover (%) |
|
195.9 |
1.1 |
232.6 |
1.54 |
189.8 |
1.33 |
R&D Structure
Gabriel India Limited
-During the fiscal year ended March 31, 2018, Gabriel India announced that it intends to set up a state-of-the-art technology center to develop and cater to the needs of Passenger Cars & Commercial Vehicles customers.
-Gabriel India's R&D centers are located at Chakan, Hosur and Nashik.
ANAND I-Power Limited
-ANAND I-Power Limited has its own product validation center, comprised of two dynamometers for testing of products. The dynamometer range covers engines up to 150 HP.
-ANAND I-Power Limited has the most sophisticated Dimaco Cam-Turning-Boring machine (imported from Switzerland) that manufactures cells with fully automated CNC profile grinders, as well as a battery of computerized grinding machines.
Mahle Behr India Limited
-Mahle Behr India has over 100 engineers working in research and development.
Gabriel India Limited
-Gabriel India's R&D centers are located at Chakan, Hosur and Nashik.
Valeo Friction Materials India Limited
-Every year, Valeo Friction Materials India invests over 7% of its sales in R&D.
CY Myutec Anand
-Products are all tested and validated at the CY Myutec testing facility in Korea.
Mando Automotive India Limited
-Mando has a global R&D network of 11 centers in 5 countries.
R&D Facilities
Faurecia Emissions Control Technologies India Private Limited
-Faurecia S.A. announced that it inaugurated its new TechCenter in Bangalore, India, dedicated to emissions control technologies within the country. Covering an area of 2,800 square meters, the site houses almost 200 engineers specializing in the design and validation of emissions control systems for automobile manufacturing programs around the world. This new R&D Center adds to the three existing FECT (Faurecia Emission Control Technologies) plants in Pune, Chennai and Bangalore dedicated to the production of the hot parts and cold parts of exhaust systems, and makes it Faurecia's fourth site in India. (From a press release on February 4, 2014)
R&D Activities
Gabriel India Limited
-The following are specific areas of R&D that the Company focused on in the fiscal year ended March 31, 2018:
- Developed indigenous shock absorbers for small cars, utility vehicles, trucks and buses
- Benchmarked product features and designs against global competitors
- Launched several innovation projects to reduce product and process complexity
- Initiated localization and VA/VE proposals in shock absorbers and components
- Gabriel started working on developing ride and handling skills which are important for new product development.
- Gabriel filed/registered for 58 Product and Process Patents.
- Gabriel acquired the knowledge and skill for road load data (RLD) capturing and analysis and completed 3 projects.
- Gabriel developed “on vehicle noise” recording and measurement capability.
- Gabriel developed adjustable damping force dampers.
-R&D facilities for ride control products for four-wheelers (passenger cars, commercial and utility vehicles) at Chakan and for 2- and 3-wheelers at Hosur and Nashik are being upgraded and expanded with improved capabilities in design, engineering, validation and testing. The Company added bench testing equipment to its R&D facilities with the objective to improve capacity and testing capability.
Gabriel India Limited
-The following are specific areas of R&D that Gabriel India focused on in the fiscal year ended March 31, 2017:
- Developed indigenous shock absorbers for small cars, utility vehicles, trucks and buses
- Launched several products for the after-market including load adaptive dampers for SUV
- Benchmarked product features and design against global competitors
- Launched several innovation projects to reduce product and process complexity
- Initiated localization and VA/VE proposals in shock absorbers and components
- Gabriel started working on developing ride and handling skills which are important for new product development.
- Gabriel filed/registered for 43 Product and Process Patents.
- Gabriel acquired the knowledge and skill for road load data (RLD) capturing and analysis and completed 3 projects.
- Gabriel developed “on vehicle noise” recording and measurement capability.
- Improved induction hardening system for cylindrical and stepped cylindrical rods
- Unique method for testing/checking the presence of nodular chrome
- Gabriel developed adjustable damping force dampers.
-R&D facilities for ride control products for four-wheelers (passenger cars, commercial and utility vehicles) at Chakan and for 2- and 3-wheelers at Hosur and Nashik are being upgraded and expanded with improved capabilities in design, engineering, validation and testing. The Company added bench testing equipment to its R&D facilities with the objective to improve capacity and testing capability.
-The following are specific areas of R&D that Gabriel India focused on in the fiscal year ended March 31, 2015:
- Development of shock absorbers for small cars, utility vehicles, trucks and buses
- Launch of innovation projects to reduce complexity in components and processing
- Development of various localization and value analysis and value engineering proposals for shock absorbers and other components
- Development of new products which improve vehicle ride and handling
-In the fiscal year ended March 31, 2015, Gabriel India patented 12 products.
-The following are specific areas of R&D that Gabriel India focused on in the fiscal year ended March 31, 2014:
- Development of shock absorbers for small cars, utility vehicles, trucks and buses
- Launch of several innovation projects to reduce complexity in components and processing
- Development of various localization and value analysis and value engineering proposals for shock absorbers and other components
-R&D activities in the fiscal year ended March 31, 2013 are shown below:
- Developed indigenous shock absorbers for small cars
- Launched several innovations to reduce complexity in products and processes
- Introduced state-of-the-art coating system for shock absorbers
Mahle Filter Systems India Limited
-The following are specific areas of R&D that Mahle Filter Systems India focused on:
- Developed MAF-optimised air intake system with better acoustic performance & optimized pressure loss.
- Instrumental in several research projects for the development of a high efficiency multi-layered filter media using nano-fibres for use
- Infuel filters of commercial diesel vehicles
- Engaged in the development of all-plastic air intake systems for HCV applications, for improved aesthetics and noise control
- Innovative design for a heavy duty air filter element with minimum metal parts
- New non-woven air filter media with increased service life for passenger cars
- Pressure sensors for air filtration
- Diesel water separation media
- Oil Filter Systems for turbo-charged engines
- Eco-friendly Metal-Free Fuel Filters and Oil Filters
- Turbo-fan Dry type Air Filters
- New Pleating technology to reduce spin-on filter sizes
- New dual-layered filtration medias for fuel and oil application
- Involved in several research projects like the development of a high efficiency multi-layered filter media using nano fibers for use infuel filters of commercial diesel vehicles
- Involved in the development of all-plastic Air Intake systems for HCV applications for improved aesthetics and noise control
- Design, Development and Installation of Fuel rig, Collapse rig, and Fly ash test rig for Mahle, China
- Development of air filter rig (Life & Efficiency) for Guard filter, Pakistan
- Software development for the prediction of permeability in filter media and efficiency / DHC in a oil filter test rig
-Mahle Filter Systems India Limited has filed 18 patents in India.
Haldex India Limited
-On August 9, 2012, Haldex India introduced an emergency braking system with rollover control for trailers, the first time such a system was available in India.
-In 2012, Haldex India completed development for a fully-integrated Lift Axle system. Haldex India also completed work on its new generation Automatic Brake Adjuster.
Investments outside India
Gabriel India Limited
-Gabriel India opened its first office outside of India in Ningbo, China on March 10, 2013.
Investments in India
Mahle Filter Systems India Limited
During the fiscal year ended March 31, 2018, Mahle Filter Systems (MFSIL) started a new advanced polyurethane (PU) production line at Gurugram plant. The line includes a three-stage paper pleating machine equipped to German standards. Development of this pleating set-up will help fulfill upcoming requirements in accordance with BS VI emission norms. Mahle Filter Systems India (MFSIL) added a new product range by expanding into carbon canister products to meet BS-IV and BS-VI emission norms. The product is being used in Maruti Suzuki’s Ertiga MUV.
Gabriel India Limited
-On July, 2017, Gabriel India Ltd. announced that it opened two new plants in fiscal year 2016-17 to better serve its customers. It inaugurated a satellite plant, i.e. the last mile assembly operation at Kumbalgodu.
-On March, 2017, Gabriel India Ltd. announced that it won export orders from Isuzu for Thailand and Indonesia in the CV Segment. In addition, it also received export orders from Mahindra GenZe USA for the eScooter Amphere. Gabriel India is considering increasing its presence in the aftermarket of South East Asian countries.
-In September 2013, the Company announced plans to invest INR 12 billion on new product development and capacity expansion over the next five years. The investment will be used to expand capabilities and capacities at the Company's currently existing plants, rather than construct new facilities. (From a press release on September 6, 2013)
Anand CY Myutec Automotive Private Limited
-On February 2016, Anand CY Myutec Automotive Private Limited added another feather in its cap by inaugurating its state-of-the-art office and plant in Gurgaon, Feb 01, 2016.
-On March 2015, Anand CY Myutec Automotive Private Limited held a new facility inauguration at Gurgaon, Mar 30, 2015
Chang Yun India Limited
-On March 30, 2015, Chang Yun India Private Limited, inaugurated its new facility in Gurgaon, India. The new 35,000 square-foot facility is almost four times as large as the previous facility. Additionally, the new facility has increased the company's forging capacity by 65% and its machining capacity by 25%, and has the potential for future expansions. The company hopes that the new facility will help it achieve a 20% market share in the steel synchronizer ring segment by the fiscal year ended March 31, 2017. (From a press release on March 30, 2015)
Mando Automotive India Limited
-In March 2014, Mando Automotive India was developing a new design center in Chennai, India to serve as a global hub for Mando. Mando Automotive India is concurrently increasing its export volumes of brakes and electric power steering systems to Turkey for Hyundai's "Grand i10" and "Grand i20" hatchbacks.
Gabriel India Limited
-On November, 2012, Gabriel India inaugurated an expansion of its Hosur Plant, which is part of its Suspension Parts Assembly Unit. The expansion is expected to produce 10,000 shock spring assemblies per day.
Faurecia Emission Control Technologies India Private Limited
-In September 2012, Faurecia Emission Control Technologies started operations at its new plant in Bidadi, close to Bangalore. The plant was established specifically to manufacture hot end, cold end and instrument panel reinforcement tubes for Toyota Kirloskar Motor. (From a press release on February 1, 2013)
Spicer India Limited
-In July 2014, Spicer India's seventh plant in India, located in Manesar, began its operations in July 2014. Employees at the Manesar plant were transferred from other Spicer India plants. The Manesar plant produces axles, the first of which were supplied to Maruti Suzuki. (From a press release on July 1, 2014)
-On November 15, 2013, Spicer India inaugurated a manufacturing facility in Lucknow, India. The new facility will supply propeller shafts to Tata Motors' plants in Lucknow and Jamshedpur. Spicer India currently supplies drive shafts for Tata Motors buses and trucks from its facility at Satara. The Lucknow plant is Spicer India's sixth manufacturing facility. (From a press release on November 15, 2013)
Mahle Filter Systems India Limited
-As of May 2014, Mahle Filter Systems India's plant in Parwanoo is India's largest filter production facility. The production plant has an area of over 9,000 square meters, and has an annual production capacity of 18 million units. Components produced at the plant include plastic embedded filter elements, and lube oil spin-on filters. (From a press release on May 1, 2014)