Shri Ramm Auto Components expands facility, invests in automation
Shri Ramm Auto Components in Ambattur is expanding its facility by bringing in a fully automated production line for motor case. “We have ordered transfer press machinery and a new facility is being established to house it. The production of the new machinery is expected to start in Q3 2018 and this will ensure an increase in the production capacity by 4 times. We are also establishing a new greenfield project coming up with world-class technology to cater to the growing demands,” Raja Pandurangan, Managing Director, Shri Ramm Auto Components, said.
The manufacturing firm is engaged in the fabrication of sheet metal sub-assemblies and the manufacturing of pressed components. The three-decade old company is ISO 9001 and 2000 certified and and is one of the leading manufacturers of pressing auto components in the South. It has a good track record of quality delivery.
The primary products of the company are the press components like yokes and motor casings, Dec Lid Hinge etc. It uses CRCA EDD and sources raw materials from Tata Steel, JSW, and POSCO. “We supply to firms like MITSUBA SICAL India Limited, Lucas TVS, Wabco India, PHA and Regen Power Tech. We make around 12 lakh components a yer. Our turnover in 2017 was around Rs 400 lakh,” he said.
The components maker comes under the orange category and is an eco-friendly firm with a clear track record. It has zero emissions and carbon footprint. The company uses eco-friendly products and recycles materials wherever possible.
About the current auto components market in India, Pandurangan said, “the autocomponents industry accounts for 2.3% of India’s Gross Domestic Product (GDP) and employs as many as 1.5 million people directly and indirectly each. A stable government, increased purchasing power, large domestic market, and increasing development in infrastructure have made India a favourable destination for investment. The industry is expected to post 13-15% growth rate in FY18, with the robust growth in the domestic passenger vehicle, commercial vehicle, tractor and two-wheeler segments.
About the South Indian market, he said, “It has a significant presence of auto manufacturers like Ford, Hindustan Motors, Hyundai, Mahindra & Mahindra, Toyota Kirloskar, Volvo etc. with thriving demand. Potentially a small dip in the projected growth is possible since some of the OEMs are moving to the western zone.”
With the BS VI coming in, Pandurangan feels that there is a shift in product manufacturers. He said that the components are becoming lighter and stronger due to technology upgradation. “Our key customer, MITSUBA, has a significant focus on light weighting. And, along with the customer we have explored optimising design and alternate raw materials to achieve lightweighting,” he said.