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MOTORINDIA
l
March 2012
53
clutches, the company is all set to
enter the LCV segment.
Mr. Sheth added: “We are com-
ing out with LCV clutches for the
first time, by the end of October this
year. This decision is fuelled by the
growth in the LCV segment and ow-
ing to demand from our customers,
Tata Motors, Eicher and Ashok Ley-
land.”
In India, Setco clutches are the
preferred choice of leading vehicle
manufacturers like Tata Motors and
Ashok Leyland. Recently, a leading
global vehicle manufacturer enter-
ing the Indian market has shortlist-
ed its products which are currently
undergoing trial. With increasing
demand from the OE segment, the
company is looking to augment its
production capacity to meet the re-
quirements. At present, almost 50
per cent of the company’s produc-
tion goes to the aftermarket.
The company proposes an invest-
ment of around Rs. 150 crores in the
next three years. It is also planning
to set up a new facility in Africa or
the Middle East, as also in India, in
order to be nearer to its customers.
Setco currently has two manufactur-
ing facilities in India, one at Kalol
in Gujarat and the other at Sitarganj
in Uttarakhand. “We are looking at a
huge potential going in to the future.
We are building a state-of-the-art
R&D center, with an investment of
Rs. 15 crores and it should be ready
by May this year”, he said.
The company boasts of having
the latest equipment for testing of
clutches, which adds to customer
confidence about product quality.
All the clutches go through vigor-
ous testing and simulation cycles to
ensure that they last long, especially
under tough road conditions.
Commenting on the company’s
USPs, Mr. Sheth said, “We try to
meet customer requirements with
quality products to start with, while
deliveries, cost competitiveness and
aftermarket service are also con-
sidered important. Our products
have always been readily available.
We have the latest technology and
knowledge and use it in developing
our products”.
w
Component zone
The company boasts of
having the latest equip-
ment for testing of clutch-
es, which adds to customer
confidence.