Autoform To Set Up New Plant In Gujarat
Auto Parts Asia|April 2018

RP Group is expecting to clock revenue of Rs250 crore in 2018-19.

Sharad Matade
Autoform To Set Up New Plant In Gujarat

The group may close 2017-18 with revenues between Rs160 crore and Rs170 crore. Seat cover business contributes around 70 percent of the group’s revenues.

The company has six other plants in Uttarakhand and one in Chennai, with a production capacity of 60,000 to 65,000 seat covers a month. According to Gandhi, Autoform has eight to ten percent share in the Indian seat cover market. Out of its OEM clients, six are two-wheeler companies and 14 are car companies. They include Honda, M&M, Hyundai, General Motors, Fiat, Nissan, Volkswagen, Yamaha, Skoda, Mahindra Renault, Tata, Suzuki and others.

“Our business segment is mostly fragmented, but we don’t want to be part of the rat-race and to compromise on quality and price. We will continue to focus on medium and high range,” he said. On the revenue front, around 65 percent business comes from OEMs and the rest from after market. The company is currently exporting to Dubai and Saudi Arabia and will venture into Sri Lanka, Bangladesh and Vietnam soon, Gandhi said.

Diese Geschichte stammt aus der April 2018-Ausgabe von Auto Parts Asia.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der April 2018-Ausgabe von Auto Parts Asia.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS AUTO PARTS ASIAAlle anzeigen
Continental Unfolds Systems, Products For New Mobility
Auto Parts Asia

Continental Unfolds Systems, Products For New Mobility

Technology is fast evolving in every sphere of life, especially industry. The big challenge is where to stop and make it commercial, viable and profitable. In the automotive sector the manufacturers are more constrained as the factors of development are complex and triggered extrinsically by the regulators and consumers. They compel the principal automotive suppliers to run ahead and bring about relevant and acceptable technologies.

time-read
10+ Minuten  |
September - October 2019
New Mobility Newer Challenges
Auto Parts Asia

New Mobility Newer Challenges

The Paris Agreement is to limit global warming to less than two degree Celsius above the preindustrial levels.

time-read
10 Minuten  |
September - October 2019
New Technologies
Auto Parts Asia

New Technologies

To Redefine Future Of Mobility

time-read
4 Minuten  |
September - October 2019
Meritor India's New Axle Assembly Facility To Expand Product Portfolio
Auto Parts Asia

Meritor India's New Axle Assembly Facility To Expand Product Portfolio

The new axle assembly facility along with a state-of-the-art research and development centre in Mysore at Automotive Axles, Meritor India’s JV with Kalyani Group, will also utilise its capacity and capability for its global requirements.

time-read
4 Minuten  |
September - October 2019
Airbus
Auto Parts Asia

Airbus

Adept At Managing Complexities Of Extensive Outsourcing, Supply Chain

time-read
10+ Minuten  |
September - October 2019
Hyundai Motor India Fine-Tunes For Production Ramp-Up
Auto Parts Asia

Hyundai Motor India Fine-Tunes For Production Ramp-Up

YK Koo, Managing Director and CEO, Hyundai Motor India Ltd (HMIL), has reasons to cheer as the company’s production capacity has been on the rise since he took over in November 2015.

time-read
3 Minuten  |
April 2018
Wheels India Engineers Solutions For OEMs
Auto Parts Asia

Wheels India Engineers Solutions For OEMs

Chennai-headquartered Wheels India, part of the TVS Group, is planning to manufacture cabins for construction and mining equipment.

time-read
4 Minuten  |
April 2018
Omron Offers 3-i Concept For Smart Manufacturing
Auto Parts Asia

Omron Offers 3-i Concept For Smart Manufacturing

Omron, a global leader in advanced automation, sensing and control technology, with its 3-i concept provides comprehensive solution for smart manufacturing and enables companies to make world-class in India, meeting Industry 4.0 expectations.

time-read
4 Minuten  |
April 2018
Autoform To Set Up New Plant In Gujarat
Auto Parts Asia

Autoform To Set Up New Plant In Gujarat

RP Group is expecting to clock revenue of Rs250 crore in 2018-19.

time-read
2 Minuten  |
April 2018
Corteco Sees India As Big Market For Growth
Auto Parts Asia

Corteco Sees India As Big Market For Growth

Corteco India Private Limited, part of Corteco Global, the sales organisation of the Freudenberg Group specialising in parts for the independent automotive aftermarket, expects significant growth in India.

time-read
2 Minuten  |
April 2018