With infrastructure segment
expecting to get a major boost with Narendra Modi at the helm of affairs in
India, Omax Autos Limited, a leading tier one supplier to OEMs in critical
assemblies like frame assembly in CV segment, has got into assembling trucks.
The company was recently awarded
an initial order of 20 vehicle assemblies from a renowned truck OEM. The Omax
Bangalore facility has rolled out its first truck assembly in March 2014 and
has successfully forayed into the truck assembly segment. Omax Autos Ltd is a Rs
1200 crore group, with its presence in 2W, 3W, off-highway, passenger car,
commercial vehicle and railways.
Kishor Karnataki, President &
CEO – PC & CV, Omax Autos said, “A focussed assembly cell has been created
in Bangalore plant, where the truck is assembled in three stages starting from
frame assembly, engine & power train dropping and third stage as cabin
assembly with tuning. Upon completion of initial batch successfully, Omax will
work with the customer to invest for developing, a focussed infrastructure for
high volume assembly line. Omax is currently having two CV focussed plants in
Lucknow and Pantnagar. Its Bangalore facility has expanded its CV business with
more leading OEMs in south region adding to its prestigious customer base.”
Devashish Mehta, Head Strategy
& NBD Omax Autos Ltd. said, “Omax autos have been a major player in the
auto component segment for the last 30 years. We started with motorcycle frames
& accessories for major OEMS such as HMC, HMSI, TVS, Yamaha and many more and
diversified into CV segment in 2007 by undertaking the complete chassis
assembly for Tata Motors heavy commercial vehicles.
Currently Omax is the largest
chassis assembly tier 1 manufacturer in India with a peak volume catering to 45,000
vehicles per year. Our vision was to start making the complete truck assembly
at our facility to showcase our engineering strengths & now we have taken a
step towards that vision by undertaking the complete suspension, power train
transmission & cabin assembly for a renowned global OEM from Bangalore
manufacturing facility. We are targeting an annual volume of 10,000 vehicles in
“Even though the CV space has
seen a significant dip in volume due to high interest rates & stagnant
freight corridor rates, we are confident of an upswing this year & we will
encash on this by targeting
similar premium assemblies” added Devashish.
Established in 1985, Omax Auto
specialises in sheet metal components, tubular components and machined
components. With a turnover of Rs 1,300 crore in year 2012, more than 6500+
work force and several international accreditations, it features in the list of
top 10 automotive component
manufacturers in India.
Starting with its first plant
in Dharuhera, Haryana, today, the company has nine fully-functional
manufacturing plants across India. The company has robust engineering process
capabilities boasting a comprehensive range of modern machines and production
facilities designed to give optimum output as per customers’ specifications. Omax
has expanded its reach by providing a wide gamut of Assemblies, Sub-assemblies,
Frames, Bus Structure Assemblies, Tools Fixtures and SPM. The range of products
finds application in segments like Automotive (2W, 3W, PC & CV), homeware,
off highway and railways & heavy fabrication.
Source: Omax Autos
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