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Pricol Asia - Auto Parts Pvt. Ltd. Company
Pricol Asia auto parts engage in various automotive segments. The segments include manufacturing of auto parts for motorcycles, scooters, three wheelers & ATVs, Cars, SUVs, MUVs; Tractors and construction equipments, sintered components and Fleet Management solutions.
According to the annual reports of Pricol Asia due to economic growth; the industry has seen 26% rise in automotive sector in 2009-10. This spells growth in the vertical industries; majorly the auto parts industry. Effective cost planning has raised the profit by Rs 500 million and loss turned in to a profit of approximately Rs 225 million. The overall sales has grown only by 3% however, the segment is expected to have a steady growth across the product range.
The impressive client base includes major players spanning all the segments. Some of the elite members are Suzuki, Bajaj Auto, Hero Honda, Kinetic Engineering, Yamaha, Europe, Piaggio, Italy, Royal Enfield, General Motors, India, Mahindra & Mahindra, India, Maruti Udyog, India, Saipa, Iran, Toyota Kirloskar, India, Hindustan Motors, Ashok Leyland, BMC Turkey, Eicher Motors, Swaraj Mazda, etc. Tractors and Construction Equipment and spare parts manufacturers sharing a close and long association with Pricol Auto parts are AGCO,USA, Massey Ferguson ,UK, Terex Vectra, India, JCB India, John Deere ,India and others. Buyers and suppliers in sintered components like gears, hubs, pistons and slack adjusters parts etc. include Godrej, Lucas TVS, Techno last, Germany, TVS Motors, India etc. Vehicle tracking systems, vehicle monitoring systems, and centralized lubrication systems facilitates fleet management.
The alliances with international companies as Magnetic Marrelli, Denso, and Blue Ridges, USA have expanded and strengthen its global base and technological knowledge. It helps in understanding the domestic and international market trends and changes. The research and Development team at Pricol constantly works towards overall product development, its assimilation and processing to deliver world class spare and auto parts.
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