Basic HTML Version
MOTORINDIA
l
March 2012
49
cern. However, to counter this, we have been continu-
ously upgrading our products and technology towards
offering superior products to customers. In addition,
we have a wide service network supporting the end
customer’s post-warranty needs.
MI:
According to reliable sources, TRW is plan-
ning to make its own investments in India in the
coming years. What would it mean to our tie-up?
GP
:
Our tie-up with TRW is for the hydraulic pow-
er steering system and TRW’s investments, if any, in
other areas will not affect the JV.
MI:
Since India has emerged a major commer-
cial vehicle market, do you propose setting up a
dedicated facility for the segment?
GP
:
We already have a dedicated facility for the CV
segment in Trichy. We also recognise the continuous
growth in the CV market and have recently set up our
Component zone
An inside view of the Viralimalai plant
fifth plant in northern India to cater exclusively to this
segment.
MI:
Could you comment on your company’s ex-
port prospects?
GP
:
We consider exports as a key thrust area, and
our JV partner TRW is supporting us in this initiative.
For instance, we recently bagged a major export order
from one of our European customers through TRW for
an annual supply of 150,000 steering gears.
MI:
Finally, any specific strategy change to meet
the emerging situation?
GP
:
We expect robust growth in the automobile mar-
ket in next few years and propose taking certain proac-
tive measures in due course to keep pace with this gr
owth.
w