Last 239.10 INR
Change Today -0.40 / -0.17%
Volume 266.8K
As of 7:05 AM 08/27/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

3, Local Shopping Centre

Pamposh Enclave

G.K.-I

New Delhi, 110048

India

Phone: 91 11 4234 4444

Fax: 91 11 4234 4400

Amtek Auto Limited manufactures automotive components and assemblies with production facilities located across North America, Europe & Asia. The company’s product portfolio consists of a range of components for 2-3 wheelers, Cars,Tractors, LCV, HCV and Stationary engines. The major categories of components manufactured are Connecting Rod Assemblies, Flywheel Ring Gears and Assembly, Steering Knuckles, Suspension and Steering Arms, CV joints, Crankshaft Assemblies, Torque Links. Joint Venture Agreement with Sumitomo Metal Industries The company has a joint venture agreement with the Japanese Steel Manufacturer, Sumitomo Metal Industries Limited, based in Tokyo, Japan for Production and sale of forged crankshafts for automotive applications in India. In this Joint Venture, Amtek’s stake is 50% and the rest 50% is shared by Sumitomo Metals (40%) and Sumitomo Corporation (10%). Sumitomo Corporation is the global partner of crankshaft business of Sumitomo Metals. Sumitomo Metal is a manufacture of steel and various steel products, including sheets, plates, tubes, bars, shapes and automotive and machinery parts. Customers The company’s customers include Ashok Leyland Limited; Aston Martin; Bajaj Auto Limited; BMW; Briggs & Stratton; CNH Global; CNH New Holland; Cummins; CYT; Dana Italia; Davis Industries; Defence; Delco Machining; Eicher Motors Limited; Escorts; Fairfield; Fiat India; Ford; General Motors; GE Transportation; GWK Ltd.; Hero Honda; Hindustan Motors; Honda Scooters; Hyundai; International Tractors; Isuzu Diesel; Jaguar; JCB; John Deere; Kawasaki; and Ketlon Machining. Its customers also include Land Rover; LG Electronics; LML Limited; Luk Industries; Mahindra & Mahindra; Maruti Suzuki; MDM; MG Rover; Mulhoff; Musashi Auto Part Pvt Ltd; Navistar General Motors; Perkins Engines; Rail; Saab; Sanden Corp; Scania; Sisu Diesel; Tallent Engineering; Tata Motors; Tecumseh; Toyota; Unimotion Gears; and Yamaha Motors.

 

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