Magazine
Being a critical element of the OEM value chain, the Indian auto component industry is expected to grow from $49 billion in FY 2020 to $200 billion by 2026. However, technological backwardness is still a persistent problem in the Indian auto component manufacturing industry. The industry faces a slew of technologically demanding challenges in the areas of emissions, safety, and electric mobility, for which they have to opt for internationally developed alternatives. This is where Him Teknoforge comes in.
Headquartered in Baddi, Himachal Pradesh, Him Teknoforge is actively involved in technological upgradation. Speaking of numbers, Him Teknoforge has witnessed a growth of 10-12 percent, even during the time of global economic slowdown during Covid in the fiscal year 2020- 21 because of its technological enhancement and customer centric approach.
With the Changing Pace
The automobile industry is witnessing nothing but a roller coaster ride, with factors like Covid outbreak, global demand for carbon footprint deduction, and waste elimination. The auto sector is basically going through a major transition all the
way from the production to operation of the entity. As a supplier of auto and tractor components, Him Teknoforge is meeting the changing requirements of its customers which are usually big OEMs like TATA, Mahindra & Mahindra & Ashok Leyland. Vijay Aggarwal, Chairman and Managing Director, Him Teknoforge, says, “We at HTF strongly believe in long term customer relations and work towards customer delight. In the past, several key investments have been made specifically keeping in mind the customer requirement. Timely investment and capacity enhancement have been done to always fulfill our customer requirements”.
The Growth
Him Teknoforge has grown from an Ancillary to Eicher Tractor Parwanoo to one-stop-shop for manufacturing of auto-components. The company currently produces approximately 300,000 components per month at its different manufacturing facilities. It has the competency to manufacture all kinds of transmission, differential, steering & suspension parts, assemblies and sub-assemblies. In 2018 the company has ventured into precision forging by manufacturing Bevel gears & pinions through warm forging route becoming one of the few in the countries to have this technology. The company is currently undertaking the Defense project and has a pending order of 300 track chains for the Special Armored core vehicle BMP-2. Today, our global customer base ranges from Europe, Middle-East, South-East Asia to parts of North America.
We at HTF strongly believe in long term customer relations and work towards customer delight
Innovation & progress
Him Teknoforge has upgraded house facilities along with timely capacity enhancement and technological advancement to keep itself parallel with the industry standards. “The company has invested in state of art technology and constantly strives for manufacturing excellence and process improvement thereby providing on-time quality products at competitive prices to all its customers'', says Vijay Aggarwal. Newly upgraded technologies like 3D Scanning, printing services, along with Electric Screw Presses in the Forging units and State-of-Art German made SQF furnaces are few to name. Not only this, they have also upgraded their operation line from Forging, Machining and Warehousing & Distribution units as a whole.
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