Connectors market in India has been affected by various downturns in the last few years. From BS6 transition in 2019 to Covid lockdowns in 2020 and 2021. 2022 has also been impacted by commodity prices volatility due to the Ukraine- Russia conflict. The future, however, looks ever so bright for the connectors market as a whole. The switch towards EVs and Government initiatives for parts localisation are the key growth drivers for the industry bringing massive growth opportunities for capable manufacturers.
Based out of Haryana, Modvak since its inception in 1998 has had a vision to be the leading manufacturers of precision components for automotive and electrical applications. Honouring the ‘Make in India’ initiative, the firm has been actively localising parts from Japan, Korea and USA for the Indian automotive market. Talking about the market expectations from connector manufacturers, Modvak’s MD Deepak Sharma mentions, “Indian customers are keen on procuring quality products, fast Just-in-time deliveries, and cost-effective propositions. And a firm which is able to score big on all of the three scoreboard is the one who gets to be on the top. Our goal at Modvak from the start is to be a single window solution to all the plastic and sheet metal Terminals & Connectors procurement. We give a quick and effective value offer to our customers
with special respect to the quality of our parts so that our customer can always stay stress free about their Purchases.”
Merging Client-Centric Service Values with Quality & Technology
Modvak focuses on all types of wiring harness manufacturers, whether it be local manufacturers in the appliances segment, or the biggest Auto Ancillaries in the world. The firm is positioned as the one-stop-shop for all kinds of Terminals & Connectors procurement. Driven by the mission to provide quality parts at big volumes and effective prices, Modvak achieves this through special tools, special machines, special material, and special methodology towards quality controls. Modvak is a ISO, IATF and Maruti green certified organisation where focus on quality systems is what helps us maintain their product’s quality.
Modvak offers an exhaustive range of over 700 Terminals & 100 Plastic Connectors in Automotive, Appliances, Electrical, Electronics and Aerospace Industries. Each and Every single of their parts are designed and developed inhouse with their advanced R&D centre equipped with best-in-class machines, equipment from the US (Haas), Japan (Sodick) & Taiwan (Joemars). This allows them to maintain their high-quality standards and offer cost savings through special focus on tool life, part quality and stamping speeds.
Shedding light on the advanced capabilities of the firm, Deepak Sharma says, “We have over 40 production machines and assemblies which makes us capable of manufacturing over 150 crore connectors, terminals and components annually. Our development centre is equipped with highly technical engineers & designers with experience of over 10 to 35 years, monthly developing tools in double digits. We have a timeline of products to develop for the next 2 years for such OEMs which would be direct substitutes to world renowned connectors manufacturers.”
The Path Ahead
Modvak was conceived in a room smaller than a cricket pitch but with an appetite bigger than the whole stadium. In the beginning, capital was limited, machinery was manual, and the customer base was small. But as the order book and plant grew, Modvak got organised into a pivotal player for the industry. And now Modvak has 2 stateof- the-art plants employing over 150 members, manufacturing precise sheet metal and plastic components for 4W and 2W OEMs.
Talking about future plans for the firm Deepak Sharma concludes, “We are entering into more markets with various consolidated offerings; from Child parts to assembled critical parts. We are making new additions to our R&D centre and Production capabilities, getting the best-in-class machines from Charmilles to Bruderer to compete with International manufacturers. We are highly optimistic about India becoming the 4th largest economy with 5 trillion dollar economy boosting our industries and Modvak.”
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