Nipman Fastener Looks At CV Industry For Growth

Nipman Fastener Industries is expanding its product range to cater to the CV industry

- Bhargav TS

Nipman Fastener Industries Pvt. Ltd. was established in 1997, and specialises in the manufacture of standard and special fasteners. Catering to the needs of auto components manufacturers, the company, in its pursuit for growth, is looking at the CV industry. Keen to address the needs of the CV industry by leveraging its experience and infrastructure, the company is currently serving auto components manufacturers like Abhishek Industries, A.G.Industries, IFB India, Hema Engineering, Hero MotoCorp., Hero Motors, Krishna Maruti, Rico Auto Industries, Rockman Industries, Subros, Sunbeam Auto Components, Trelleborg Automotive, Munjal Showa, Omax Autos, Sandhar Industries, and Unitech Machines. Apart from the CV industry, Nipman Fastener Industries is also keen to address the needs of the tractor industry as well. Specialising in cold forging, the company, according to Anup Kapur, Vice President, Business Development and Marketing, is moving up the value chain. “By entering into the CV and tractor space, we will serve the entire auto industry,” he expressed. Hinting at attaining an amicable balance between the volume intensive two wheeler and passenger vehicle industries, and the tractor and CV industries, Nipman Fastener Industries is seeking growth by expanding its reach in newer areas of the auto industry, and industries that are allied to the auto industry. It was after much deliberation, said Kapur, that the decision to invade the CV and tractor industries was taken.