India's automotive components industry drives economic growth and employment, with emerging leaders shaping its future. According to Cornell University, these leaders comprise around 20 percent, surpassing the global average of 10 percent, reflecting their exceptional expertise and unwavering commitment to excellence.
However, the automotive industry faces various challenges, such as the need for advanced technologies to meet customer demands and other regulatory requirements. To stay competitive in this dynamic market, it is crucial to reduce environmental impact, enhance operational efficiency, and streamline manufacturing processes. In response to these challenges, Udit Sheth, Vice Chairman of Setco Auto Systems, emerges as a visionary problem solver driving Setco's unprecedented growth as India's leading manufacturer of premium Lipe brand clutches for commercial vehicles.
The company prioritizes cost optimization with the right quality with streamlined operations and efficient manufacturing processes. Moreover, it invests in research and development to create environmentally friendly technologies and sustainable practices to engineer its world-class products. By continuously staying at the forefront of the industry through cutting-edge technologies and materials, Setco's clutch designs offer superior performance, positioning it as a preferred choice while exceeding the emission and NVH standards. Under Udit's leadership, Setco actively is working on several levers for success across people, processes, and products.
Seamlessly Shifting Gears
Setco Automotive, incorporated in May 1982 and listed on the BSE, is a leading Tier I supplier of clutches to prominent Indian commercial vehicle manufacturers such as Tata Motors, Bharat Benz, Ashok Leyland, Volvo-Eicher, Mahindra, and more. The company's commitment to quality is evident through its possession of essential global certifications like IATF 16949, ISO 14001, and OHSAS 18001.
“We ensure that we are at the top of the mind of our OEM clients for clutch design and superior performance using the best of technologies and materials. We are also working on some innovative marketing solutions that are technology-driven, and also working on a concept of the e-clutch”, speaks Udit Sheth. Setco Automotive has manufacturing facilities in India, the UK, and the USA, with headquarters in Mumbai. The company's state-of-the-art R&D centers in Kalol, Gujarat, and the UK are certified by the Department of Scientific and Industrial Research, Government of India, facilitating clutch system design, development, and validation.
The company offers a diverse range of products catering to various industries. These products include Hydraulic products for Construction Equipment. Additionally, Setco excels in providing Clutch Systems designed for the medium and heavy commercial vehicle industry. With expertise in Pressings, Setco handles deep-drawn and complex components utilizing capacities of up to 1000 tons, ensuring precision and quality. Furthermore, Setco specializes in Precision Components that are machined and heat-treated, delivering exceptional performance and reliability. Through this comprehensive range of services, Setco demonstrates its commitment to meeting the diverse needs of its customers across multiple sectors. Today Setco’s range also includes other products such as oils, lubricants, flywheels, brake linings, and other products. Team Setco is driving product sales and brand recognition across the world.
We are focused on efficient engineering with a catchphrase, 'setco hai to mumkin hai
Success Guided by Vision & Excellence
“The guiding force of our group is our Chairman & Managing Director Harish Sheth who has been leading our journey from strength to strength for over 40 years”, says Udit Sheth, Vice Chairman. With a 21-year career, Udit excels in finance and operations, leading ground-breaking projects through astute research, ergonomic finesse, and imaginative thinking. Notably, he created India's pioneering Sports Infrastructure Project on a PPP basis and founded the Trans Stadia Group. Trans Stadia has business and development interests in Sports, Hospitality, Infrastructure, and Education. Trans Stadia has grown from strength to strength and is the recipient of the President’s Award as a company. Udit's innovative spirit also revolutionized Yoga, introducing Yogasana as a competitive sport and gaining recognition from the Ministry of Ayush and the Ministry of Youth Affairs and Sports and is President of Yogasana Bharat, leading the sport with an Olympic Vision.
Future Endeavours
“Leadership and success are intertwined very intricately. Success breeds success and leadership ensures success. Having said that, it is important to do detailed diligence while launching a project and build a very good team to augment weak areas for the entrepreneur and put in rigorous review mechanisms to track progress”, speaks Udit. The company is currently working on developing markets and products hand in hand to drive sales and build a strong base for future success. The company is continuously upgrading its talent pool while partnering with institutes for new development and recruitment.
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