Ravin­der Singh,

Business Sphere - - CONTENTS - By Our Cor­re­spon­dent

Man­ag­ing Di­rec­tor Karan Au­to­mo­tive

Where Dar­win’s ’sur­vival of the fittest’ the­ory holds ground in the busi­ness world, here is a saga of an au­to­mo­tive en­gi­neer­ing gi­ant that fits in to this phrase. We are delv­ing about Karan Au­to­mo­tives. The Farid­abad based ISO 9001: 2015 and IATF 16949:2016 cer­ti­fied firm’s core busi­ness ar­eas are au­to­mo­bile and con­struc­tion equip­ment in­dus­try seg­ment en­com­pass­ing bi­cy­cle, twowheel­ers, four wheel­ers, com­mer­cial ve­hi­cles, earth movers, trac­tors, agri­cul­ture equip­ments, and light­ing en­gi­neer­ing. “Qual­ity is the cor­ner­stone of all our ac­tiv­i­ties at Karan Au­to­mo­tives. We never com­pro­mise on qual­ity and tech­no­log­i­cal pa­ram­e­ters of our prod­ucts,” ut­ters the charismatic Mr. Ravin­der Singh, Man­ag­ing Di­rec­tor. A 1995 grad­u­ate in Me­chan­i­cal En­gi­neer­ing from Ban­ga­lore, Mr. Singh is a re­cip­i­ent of ‘Young En­tre­pre­neur’ award. What started as Hyflex Auto In­dus­tries in 1965 shifted to tube busi­ness start­ing with A.G pipes later. Karan Au­to­mo­tives wit­nessed nais­sance in the year 2000. The le­gacy started by Sh.Bal­want Singh in 1965 has been car­ried for­ward by his three sons Mr Ravin­der Singh , Mr. Gur­deep Singh and Mr Ran­jit Singh . The ro­bust fam­ily busi­ness base fa­cil­i­tated fast growth and the firm’s carv­ing of a dis­tinc­tive niche in the In­dian en­gi­neer­ing sec­tor. Sh. Bal­want Singh has been fea­tured in the Limca Book of Records for man­u­fac­tur­ing of fruits & veg­eta­bles cut­ting machines. Last fis­cal, Karan Au­to­mo­tives gen­er­ated a turnover of Rs. 94 crore, trig­gered by an an­nual av­er­age growth rate of 10%. A turnover of Rs. 110 crore is ex­pected to be gen­er­ated this fi­nan­cial year.

Prod­uct Cat­e­gories

• Sheet Metal Range

• Tubu­lar Range

• Pre­ci­sion Ma­chined Com­po­nents

• Rub­ber Molded Parts

• Wrought Iron Prod­ucts

• Ex­haust Gas­kets

• Build­ing Hard­ware.

Karan Au­to­mo­tives has four man­u­fac­tur­ing units, 2 in Farid­abad, 1 in Harid­war, and another in Gu­jarat. All units are equipped with the most ad­vanced of fa­cil­i­ties like press shop, weld shop, CNC tube bending ma­chine, CNC ma­chine shop, CadCam fa­cil­i­ties, and the list goes on. Upgra­da­tion of ma­chin­ery ac­cord­ing to chang­ing tech­nol­ogy trends is a con­tin­u­ous process at Karan Au­to­mo­tives. The com­pany has a ded­i­cated Qual­ity Con­trol depart­ment backed by ex­perts to mon­i­tor qual­ity of the prod­ucts at each stage of the man­u­fac­tur­ing process. “We are the numero uno in Haryana and in tier 2 Sup­pli­ers. Our clients have banked upon us for qual­ity since in­cep­tion. We cater Auto parts an­cil­lary of the big names like Omax Group, Maruti Suzuki, Honda Mo­tor­cy­cle & Scoot­ers In­dia, Jay Bharat Maruti Group, Satyam Group, Badve Group, Hema Group , Y-Tec In­dia Pvt Ltd( Ya­mashita Rub­ber Ud­hog), Son­alika In­ter­na­tional Trac­tors, to name a few,” says the mag­netic Mr. Ran­jit Singh (1998 grad­u­ate in Me­chan­i­cal En­gi­neer­ing),

Di­rec­tor. And Third Gen­er­a­tion of Singh’s Fam­ily, Mr. Karan­deep Singh ( 2017 Post Grad­u­ate ( MBA) joined his fam­ily busi­ness.

• State-of-the-art man­u­fac­tur­ing units spread over 70000 sqft

• 550 em­ploy­ees plus 100 blue col­lar tech­ni­cal work­force • 90% re­ten­tion of staff; 70% re­ten­tion of labour work­force

• 85% uti­liza­tion of pro­duc­tion ca­pac­ity as per cus­tomer re­quire­ments

• 100% re­ten­tion of clients

• 100% com­mit­ment to qual­ity and cus­tomer sat­is­fac­tion.

The Singhs have sev­eral grievances against for poli­cies – in­creased in­puts and de­creased out­put due to in­creas­ing la­bor costs but de­creased OEM rates and lack of reg­u­la­tion in steel prices; steel in­put in au­to­mo­biles aren’t con­trolled by the gov­ern­ment. They con­sider 2003-04 as the best pe­riod when raw ma­te­ri­als and la­bor were eas­ily avail­able and in­put costs low. They owe their suc­cess to fam­ily sup­port, fam­ily principles, in­spi­ra­tion from fa­ther, team ef­fort, and hard work. The Singhs are geared up for di­ver­si­fi­ca­tion into the bi­cy­cle seg­ment. “We wish to build our own brand in this seg­ment un­der the iden­tity of ‘Sky­bikes’,” says Mr. Ran­jit Singh. As part of cor­po­rate so­cial re­spon­si­bil­ity, Karan Au­to­mo­tives do­nates reg­u­larly for char­ity on a monthly ba­sis to NGOs like Gunj, Raise Foun­da­tion, NABAD, Care Foun­da­tion, to name a few. The Singhs ad­vo­cate good cit­i­zen­ship. They be­lieve one should start with one­self and peo­ple around would robot­i­cally fol­low.

Ravin­der Singh (L), Man­ag­ing Di­rec­tor, Ran­jit Singh, Di­rec­tor

Karan­deep Singh

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