theft crime rates on the rise and growing rapidly in India, Varroc Engineering and
Scorpion Automotive have joined hands to prevent and make life difficult for
criminals in the country and life easier for the consumer who can breathe a
sigh of relief when they leave their vehicles unattended.
of India’s leading auto component manufacturers from India, has now officially
collaborated with the UK based company Scorpion Automotive Pvt. Ltd., a very
well trusted brand in vehicular securities. Both companies will come together
to provide security based products and marketing solutions to the automotive
industry especially for the two wheeler segment.
The MOU was
signed by Ravi Damodaran, President, Technology & Strategy, Varroc Group in
collaboration with Mark Downing, MD, Scorpion Automotive Pvt. Ltd. in the
presence of Ravinder Sharma, vice president, Varroc Engineering Pvt. Ltd. and
Kumar Iyer, British Deputy High Commissioner, Western India & Director
General, India for UK Trade & Investment(UKTI). UKTI, the UK government
arm, played a big role in bringing both companies together by working with
Scorpion Automotive UK for three years by advising on strategy for market entry
into India and assisting and identifying a suitable partner as a part of the Great
Collaborations policy of the Prime Minister David Cameron of the United Kingdom
which was proposed to go hand in hand with Indian Prime Minister Narendra
Modi’s campaign of “Make in India”.
technology license agreement between the two companies allows exclusive design,
manufacture and sell to two-wheeler and four-wheeler OEM’s in India. The
collaboration also provides the exclusive rights to Varroc Engineering to
manufacture the licensed products for the global markets that Varroc has its
in a presentation demonstrated some of the products that Varroc is licensed to
produce on the security portfolio like Throttle Locks, Alarm/Immobiliser and
Scorpion Track (a telemetric device that tracks the vehicle which can be used
for security and fleet management/logistics requirements). Also another added
feature for two-wheeler and possibly three-wheelers in India is for example the
Heated Grips for cold climate conditions. Varroc is additionally licensed to
produce a Smart Charger which helps for better and longer battery life of
vehicles and monitoring health of batteries. Downing stated that all these
products were redesigned for India to reduce cost by eliminating unnecessary
features keeping the needs of the Indian consumers in mind as their UK products
are ”High Value and Low Volume products”. For exports from India, the targets
are set for South East Asia, Africa and both North and South America.
said “The need for security systems has not been appropriately addressed in
this market for a long time; and Varroc and Scorpion intend to address this gap
with these pioneering products… Scorpion Automotive’s technologically advanced
products would complement Varroc’s best cost manufacturing, enabling us to
offer robust designs and high quality to our customers. I am confident that
this partnership will bring tremendous value to all customers.”
stated that “Varroc is technically and operationally well equipped to
manufacture the products licensed through Scorpion Auto. The company has a very
strong hold in the auto market and we are pleased to be working with them as
partners. The collaboration will be mutually beneficial and will contribute the
overall growth of the auto sector.
Damodaran stated that all these products will be manufactured at the companies
Chakan facility near Pune under the leadership of Ravinder Sharma under the
Varroc Electronics brand. The company will commence production of products by
the next fiscal of 2016-17 as the planning for 2015-16 has already been
completed. The focus of sales will initially be primarily be on OEM
manufacturers with factory fitted features but a huge part of the focus will
also be given to the aftermarket sector as well.
Product Picture courtesy: www.scorpionauto.com
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