Mumba: Pune-based Indo Schöttle Auto Parts
Pvt. Ltd's. new export-oriented manufacturing unit was
inaugurated by Atul Kirloskar, chairman, Kirloskar Group.
This EOU plans to cater to the fast-growing export market
primarily from USA, Europe and Asia.
Established in 1986 with West German financial participation,
Indo Schöttle Auto Parts principal business focus
is manufacture and sale of high precision engine components.
It is now the prime O E supplier of engine valve collets
and rocker arm screws in India. Over the years the company
has shifted from supplying just parts to making sub-assemblies
to climb up the value chain.
Indo Schöttle is a premier supplier to almost all
OEM's in the country and a host of renowned OEM's in
Europe, UK and USA. Applications for its parts cover
two- and three-wheelers, passenger cars, trucks, tractors,
LCV's, stationery engines, turbochargers, fuel system
parts and hydraulics.
Its facility has an annual installed capacity to manufacture
150 million engine valve collets, 40 million rocker
arm screws, 6 million parts / assemblies for turbochargers,
fuel systems and hydraulics. The company is ISO TS 16949,
QS 9000/ISO 9001:200- certified has 'self certification
status' with many of its customers. The additional plant,
will add 25,000sq.ft of floor space and increase the
company's total manufacturing capacity by 50 per cent.
According to Rohan Pusalkar, executive director, "Negotiations
with International giants like Eaton Corporation, Honeywell
and Borg Warner for supply contracts are being finalized,
therefore the exports scenario is very promising. We
are working to achieve a turnover of Rs. 150 crores
($35 million) by 2008. Exports will contribute more
than 70 per cent of this figure." The company is
investing Rs. 40 crores over the next two years in infrastructure
and equipment.
Speaking
on the occasion Vijay Pusalkar, CMD, Indo Schottle said
"Since the company has established itself as
a source for high
precision
components & assemblies, growth on a year to year
basis is likely to be in the region of 30 to 40 percent.
The company will continue to focus on high value addition
to maintain profitability. "
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