Setco Automotive Ltd Description
Setco Automotive Ltd was established in the year 1982. The company is also enlisted on the BSE. They are the largest manufacturers of Premium Quality Lipe brand that commercializes vehicles in the country. The company has employed more than 1,200 people across the globe. The company supplies clutches to the most prominent Indian Commercial Vehicle Manufacturers like: Tata Motors, Man India, Mahindra & Mahindra, Ashok Leyland, Bharat Benz, Volvo. The company has all the required certifications that include TS 16949, ISO 14001, OSHAS 18001 and VDA 6.3. The company has strategically laid down its manufacturing plants, two in India, and one each in the UK and USA. The company has its headquarters in Mumbai. Their major manufacturing plant is in Kalol, but it has a rapid expanding facility in Sitarganj. The company also produces clutches for hydraulic products for industries such as construction equipment industry and precision engineering components that include complex and deep drawn pressings forgings and castings which have been treated through machine and heat. The company is a flagship company of The Setco Group. The group also includes companies such as Lavascast Pvt Ltd, TransStadia Pvt Ltd and its CSR Wing i.e. the Setco Foundation. The company has been named among the top 3 manufacturers in the world in terms of volume. They are also the largest producer of medium and heavy commercial vehicles clutches in the nation. About 85% of MHCV Clutch demands in India are fulfilled by the company itself. The company is a supplier to India's leading commercial vehicle manufacturers that includes Ashok Leyland, Daimler India Commercial Vehicles, Tata Motors, Volvo Eicher Commercial Vehicles, Man India, and many more. The company's research & development provides the required competitive strength and edge in various terms that includes quality, designing, costing, testing and technology of the company's products. The centres help the company reach the top as a domestic player with a wider product range and a smaller time to time market cycle. The company's range of expertise covers a vast segment that includes mechanical, chemical, computer, hydraulic, manufacturing, assembly automation, logistics and many more.