1985
Started commercial production in 1985 with sheet metal and tubular components for the HERO HONDA Plant in Dharuhera.
Installed a fully Automatic & Computerized Tri-Ncikle Chrome Planting Plant.
1986
Went public with more than 7500 share holders.
1988
Established its second unit- Automax in Gurgaon.
Broadened customer base to Escorts Ltd. Maruti Udyog Ltd. And its joint ventures.
1989
Further diversified its customer base by roping in Carrier Aircon Ltd, in Air Conditioning components.
1990
The capacity of the Tri-Nickle-Chrome Planting Plant was increased by 50%.
1992
Took up a major expansion programme for manufacturing of body frames for Hero Honda Motors Ltd.
1993
Roped in TVS Suzuki Ltd., Lucas Tvs Ltd. And T.I. Diamond Chain Ltd.
1995
Expanded its second unit on the land measuring 9000 sq. mtr, adjacent to its existing unit, Automax, in Gurgaon.
1997
Bagged ISO 9002 certificate from TUV of Germany.
1998
The group undertook Business Process re-engineering in its ongoing endeavour to achieve excellence.
1999
Established its third unit - SPEEDOMAX in Sidhrawali, Gurgaon (Haryana).
Tied up business relationship with Honda-Siel Cars India Ltd and New Holland Tractors Ltd. for supply of body and AXLE-parts.
2000
Set up the ultra modern Paint shop with latest technology from ABB.
Additional capacity of 2 million DM square area of Electro Plating Plant was installed.
2001
Installed 3D CMM Machines.
A new phase of Kaizen activity - Various training & HR activities started in all the Plants.
2002
Established its Fourth Plant at IMT Manesar, (Haryana) with a capital outlay of Rs. 200 million equipped with modern tool room, R & D centre with state-of - the -art machinery.
2003
Established its Fifth Plant - SPROCKET DIVISION in Dharuhera (Haryana).
Bagged ISO/TS-16949, ISO-14001 & OHSAS - 18001 certification from UL India for all the Plants.
2004
Established its Sixth Plant at Bangalore (Karnataka) having machining & sheet metal manufacturing facilities.
Established its Seventh Plant- INDITAL at Dharuhera (Haryana).
Started Exports to North America and Europe with clients such as Delphi, Tenneco, Cummins, Piaggio etc.
2005
Established its Eight Plant at Binola (Gurgoan) for catering to export clients.
TPM Activities initiated in all the Plants.
Started Exported Exports to IKEA, Sweden.
SAP rolled out in all 8 Plants across India.
2008
Groups foray into commercial vehicle segment –chassis project for TATA MOTORS
Group entered into real estate segment
Group signed a Joint Venture Agreement with COC (China Oghiara Corporation), Taiwan for upgradation of existing Tooling Business. |