Tata AutoComp Systems Ltd.
Company Profile
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■Address
Business Overview
-An affiliated company of Tata Group.
-The Company manufactures a variety of components through its subsidiaries and its joint ventures with other foreign affiliated companies.
<Subsidiaries>
- Automotive Stampings and Assemblies Ltd. (ASAL)
- Nanjing Tata AutoComp Systems Ltd. (NTACS)
- Tata Toyo Radiator Ltd
- Taco Holdings (Mauritius) Limited
- TACO Engineering Services GmbH
<Joint Ventures>
- TM Automotive Seating System Limited
- Tata AutoComp GY Batteries Private Limited (TGYL)
- Tata Ficosa Automotive Systems Private Limited. (TFAS)
- Tata Autocomp Hendrickson Suspensions Private Limited
- Tata AutoComp Katcon Exhaust System Private Limited
- AIR International TTR Thermal Systems Private Limited
Competitors
| Product Range | Competitors |
| Body in white, stampings | Autoline, Ganage Pressings, JBM Tools, Rasandik |
| Engine hoods, fenders, cowl-grills | Hindustan Composites, Mahindra Composites |
| Batteries | Amarajs, Exide Technologies |
| Energy absorbing bumpers | IAC, Machino Plast, Plastic Omnium, Samvardhana Motherson Peguform |
| Engine cooling systems, HVAC, inter-coolers, condensers | Banco, Mahle Behr |
| Instrument panels, door trims, consoles, grab handles, air vents, glove boxes, cockpit assemblies | IAC, Machino Plast, Plastic Omnium |
| Rear bumpers | IAC, Machino Plast, Plastic Omnium |
Shareholders
| (As of Mar. 31, 2016) |
| Company Name | Investment Ratio (%) |
| Tata Sons Limited | 14.25 |
| Tata Industries Limited | 34.40 |
| Tata Capital | 24.00 |
| Tata Motor | 26.00 |
| Others | 1.35 |
| Total | 100.00 |
Products
Products by Company or Division
Interior and Plastics Division (IPD) of Tata AutoComp Systems
Exterior components
-Bumpers
-Body side mouldings
-Spoilers
-Grilles
-Spare wheel covers
-Footsteps
-Surge tanks
-Cylinder head covers
Interior components
-Instrument panels
-Dashboards
-Air vents
-Door trims
-A/B/C pillars
-Interior trim
-Assist handles
-Grab handles
-Door pull handles
-Center consoles
-Floor consoles
-Cup holders
-Glove boxes
-Cockpit assembly
<Subsidiaries>
Automotive Stampings and Assemblies Ltd. (ASAL)
-Body-in-white structural panels
- Wheel arch
- Rear quarter
- Suspension tower
- Pillar reinforcements
- Door reinforcements
- Floors
- Cross members
- Inner doors
- Inner bonnets
-Body-in-white skin panels
- Outer doors
- Body sides
- Outer bonnets
- Fenders
- Tail gates
-Oil pans
-Fuel tanks
-Suspension modules for front and rear axles
- Rear twist beams
- Sub frames
Nanjing Tata AutoComp Systems Ltd. (NTACS)
-Air vents
-Assist handles
-Ashtrays
-Floor consoles
-Grab handles
-Cup holders
-Glove boxes
-Inside door latches
-Grilles
-Dash panels
Tata Toyo Radiator Ltd. (TTRL)
-Radiators
-Intercoolers
-Heater cores
-Condensers
-Exhaust Gas Recirculation (EGR) coolers
-Oil coolers
-Fans
-Fan motors
<Joint Ventures>
Tata AutoComp GY Batteries Ltd. (TGYL)
-Automotive batteries
-Inverters
-Lead-acid batteries
-Calcium-calcium alloy batteries for cars, utility vehicles and light commercial vehicles
-Batteries for medium and heavy commercial vehicles
Tata Ficosa Automotive Ltd. (Tata Ficosa)
-Interior and exterior rear view systems
-Commercial vehicle mirrors
-Gear shifters
-Parking brake systems
-Control cables
-Fluid systems
TATA AutoComp Hendrickson Suspensions Private Ltd.
-Suspension systems for commercial vehicles
- Air suspension systems for front and rear
- Tandem bogie suspensions
- Auxiliary axle systems
History
| 1995 | Entered into a joint venture with Johnson Controls Holding Company Inc., USA for designing, developing, engineering, manufacturing in India and selling complete automotive seating for customers in India and abroad. |
| 1997 | Formed the following joint venture companies; -Tata Toyo Radiator Pvt. Ltd. with Toyo Radiator Co., Ltd. (Currently T. RAD) and Mitsubishi Corp. -Tata Yazaki AutoComp Pvt. Ltd. with Yazaki Corp. Japan. -Tata Nifco Fasteners Pvt. Ltd. with Nifco Inc. |
| 1997 | Invested in JBM Tools Ltd. (jointly with Tata Industries Ltd.) with Mr. S.K. Arya, the promoter of JBM Tools Ltd. The Company was renamed Automotive Stampings and Assemblies Ltd. on August 1, 2003. |
| 2000 | Automotive Composite Systems (International Pvt. Ltd.)* was incorporated as a joint venture with Owens Corning, USA. This Company is currently a subsidiary of the Company and has been renamed TACOCL on March 5, 2010. |
| 2000 | Entered into a joint venture with Yutaka Giken, Japan and incorporated Tata Yutaka AutoComp Pvt. Ltd. for the business of complete solution in design development and manufacture of exhaust systems to the entire automotive industry. |
| 2002 | Entered into a joint venture with Knorr Bremse Far East Ltd., China for the manufacture of air braking systems in the company, Knorr Bremse Systems for Commercial Vehicles (India) Pvt. Ltd. |
| 2004 | Formed a joint venture with Faurecia Automotive Holdings, France and incorporated TACO Faurecia Design Center Pvt. Ltd. for providing design services for interior system components in automotive sector. |
| 2004 | Pursuant to a scheme of arrangement and amalgamation, Tata Auto Plastic Systems Ltd., a wholly subsidiary was amalgamated into the Company with effect from April 1, 2004. |
| 2005 | Acquired of Wundsch Weidinger GmbH, Germany. |
| 2005 | Entered into a joint venture with MobiApps Holdings Pvt. Ltd., Singapore and incorporated a company named TACO MobiApps Telematics Ltd. on February 25, 2005. |
| 2005 | Entered into a joint venture with Visteon International Holding Inc., USA and incorporated Tata Visteon Automotive Pvt. Ltd. and TACO Visteon Engineering Pvt. Ltd. both on June 21, 2005 for manufacturing and dealing in powertrain and lighting products and design and development of automotive components respectively. |
| 2005 | Entered into a joint venture with GS Yuasa International Ltd., Japan and incorporated Tata AutoComp GY Batteries Pvt. Ltd. on October 10, 2005. |
| 2006 | Entered a joint venture with Hendrickson International Corporation, USA and incorporated of TACO Hendrickson Suspensions Pvt. Ltd. on June 23, 2006. |
| 2006 | Gestamp Servicios, S.L. invested in Automotive Stampings and Assemblies Ltd. |
| 2006 | Sold the entire stake held by the Company in Tata Yutaka AutoComp Pvt. Ltd. to Yutaka Giken, Japan. |
| 2006 | Pursuant to the resolution dated October 26, 2006 passed by the member of Tata Nifco Fasteners Ltd. (TNFL), TNFL decided to voluntarily wind up under the provisions of the Companies Act on account of suspension of its business since 2006. |
| 2008 | One of the Company's joint ventures, TJCAL entered into a joint venture with ISRINGHAUSEN GmbH & Co. KG and incorporated ISRI TJC Pvt. Ltd. on October 16, 2008. |
| 2009 | Divested shareholding in Technical Stampings and Automotive Ltd. |
| 2009 | Divested stake in Taco Faurecia Design Center Pvt. Ltd. |
| 2009 | Acquired stake from IPM Inc. in Automotive Composite Systems (International) Ltd. currently known as TACOCL. TACOCL became a wholly owned subsidiary of the Company. |
| 2010 | Divested stake in Knorr Bremse Systems for Commercial Vehicles (India) Pvt. Ltd. to third party. |
| 2010 | Acquired entire stake of Automotive Stampings and Assemblies Ltd. from Gestamp Servicios, S.L. |
| 2012 | Divested entire stake in Tata Yazaki AutoComp Limited (TYA) to Yazaki Corporation. |
| 2013 | Divested entire stake in Tata Johnson Controls Automotive (TJCAL) to Johnson Controls. |
| Dec. 2013 | Formed 50/50 joint venture with Air International Thermal Systems through its joint venture with T.RAD Co., Ltd., Tata Toyo Radiator. |
| Sep. 2014 | Singed a agreement to form a 50/50 seating system manufacturing joint venture with Magna International Inc. |
| Oct. 2014 | Agreed to establish a 50/50 joint venture with Mexico-based Katcon Global to produce exhaust systems. |
| Aug. 2016 | Acquired TitanX, a leading engine and powertrain cooling solutions supplier |
Supplemental Information 1
>>>Business report FY ended Mar. 31, 2014
Note: A figure in brackets ( ) indicates a loss