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MOTORINDIA
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March 2012
les. All the axle parts have
been standardised for eas-
ier availability of spares.
Fabricated parts have
been replaced by castings
which could bear more
compressive load.
“In the first year we
hope to sell 3,000 to 4,000
axles and in seven to eight
years, we are looking at a
33 per cent market share.
We want the customers to
have the same confidence
in JOST-Gigant brand as
in the JOST brand”, added
Mr. Pradeep.
JOST’s primary prod-
uct, the fifth wheel, con-
tinues to find ready accept-
ance from leading Indian
and global OEMs. Its fifth
wheels are supplied to
Tata Motors, Ashok Ley-
land, AMW and MAN-
Force. The company has
also been approved to sup-
ply fifth-wheel to Daimler
India commercial vehicles
as a single source.
In 2008, JOST acquired
Tridec which gave it a different
range of products, strengthening its
technological capabilities. Tridec
is a major manufacturer of steering
systems and special suspensions for
the trailer market, developing and
manufacturing products in-house
since 1990. JOST is targeting the In-
dian market for two main products
from the Tridec stable, the HF-E
hydraulic steering system and TP-O
Hydraulic pendular axle suspen-
sion. In fact, JOST has already has
bagged the first orders for Tridec
systems in India.
JOST’s Jamshedpur plant has
an annual capacity to manufacture
50,000 fifth-wheels, while it has
produced 23,000 units this year.
The company is confident of reach-
ing the maximum capacity in a few
years and subsequently expand the
plant capacity.
JOST has also reached out to
markets outside India through its
Indian customers who are expand-
ing globally. In 2010, JOST made
a turnover of Rs. 21 crores which
increased to Rs. 32 crores in 2011,
a 50 per cent growth. Considering
the new products in its range and
the growth of the Indian market, the
company is confident of reaching
the Rs. 100-crore mark in the next
few years.
w
Component zone
We want the customers to have
the same confidence in JOST-Gi-
gant brand as in the JOST brand”
– Mr. Pradeep
The new suspension