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Home > Trade News > Kalyani Brakes groups with Global Automotive OEMs
Kalyani Brakes groups with Global Automotive OEMs
 
Kalyani Brakes groups with Global Automotive OEMs
KBX is positioning itself as an alliance partner to global automotive original equipment manufacturers. Kalyani Braxes is the 410-crore equal joint venture between the kalyani group and Robert Bosch GmBH supplier of brake components .Company plans to move up from being components suppliers, to alliance partners providing complete products. The company it plans to target are those where the markets are around 1m units annually. This has been rendered as a cautious move since braking systems carry a high risk. The smaller, lower end light commercial vehicle(LCV) are now being targeted by the domestic auto manufacturers. The first move was from Tata Motors with its ace, and Piaggio has been talking of introducing its "derived" four wheeler. According to market expectations this this is likely to have a December launch.After ensuring that the three wheelers moved from mechanism to hydraulic brakes KBX has close to a monopoly segment which had sales of 3.5 lakh units last year. Now it expects LCV segment to achieve sales of atleast 2 lakh units in three years. During 04-05 in palnt upgradation and for the third-year in a row KBX has invested Rs 31 crores.
Posted On : 9/30/2005 1:34:17 PM

 
 
 
Kalyani Brakes groups with Global Automotive OEMs