JMC Automotive Components
Things automatically seem to work out when it is all in the family. JMC Automotive Components Pvt. Ltd. is one such enterprise which is run by Mr. R. P. Arora and Mrs. Sapna Arora. Founded by Mr. R. P. Arora in 1997, this company is primarily engaged in sheet metal & machined turned parts, plastic moulded parts, tubular components, car floor mats, fabricated components, wiper blades and automotive horns. JMC Automotive Components, which is an OEM manufacturer, has three plants. The products are catered for the two-wheeler, three wheeler, four wheeler and commercial vehicle segment. The turnover of this manufacturing entity in the year of its inception was Rs 14 lakh and it took off with a capital investment of Rs. five lakh. JMC Automotive is also involved in exports to countries in the African continent, Bangladesh and Nepal and it grosses about Rs 30 lakh via this mode. The group turnover for 2016-17 was Rs 35 crore, of which JMC Automotive Components logged in Rs. 24 crore. This figure read as Rs 21 crore in 2015-16. The average growth rate increase in these grossings is about 20 to 25 percent each year. The company hopes to achieve about Rs 100 crore by 2019-2020. It has the ISO: 2015 certifications for its three units. The mainline clients for this firm are Fiem Industries, Sandhar Automotive Technologies Ltd., Varroc Polymers Pvt. Ltd., Samvardhana Motherson Auto System Pvt. Ltd., Lucas Indian Services Ltd., Lumax Auto Technologies Ltd., The company logs in a client retention rate of about 90 percent due to timely delivery of quality products. Arora, who is a qualified mechanical engineer, has a team of about sixteen dedicated to research and development. The R&D setup comprises a tool room and testing laboratory and the company invests about three percent of its turnover for this purpose every year. The total employee strength is about one hundred. They log in a retention rate of close to 90 percent for its workforce. The main reason for employees choosing to stay on is the filial atmosphere which the units have and also the facilities which are provided to them. 80 percent of the machines used for manufacturing are imported from Taiwan. The USP of this company is competitive pricing offered and the quality consciousness which is characteristic of all the products from here. The main vision which is currently fuelling up all work processes at JMC Automotive Components is a soon-to-be expansion in car floor, dash board & trunk mats segment. Also increasing its exports quotient is another plan on the anvil. The first product from this manufacturing hub, the mirror rods, are the ones for which it is the largest manufacturer as well. Arora gives full credit to the relations he has forged in the automotive industry and client satisfaction as the credit points for his success. With an ethos which bespeaks good work all over, the JMC Automotive score card is all set to ring in bigger profits and revenues.
R. P. Arora, Managing Director