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1982

• Incorporation

1999 - 2000

Technical Collaboration with LIPE UK (division of Dana Corp., USA) during India’s BS migration

2005 - 06

• PE Investment by New Vernon
• Set up SETCO UK – Acquired LIPE (UK) from Dana Corp., USA
• Set up SETCO NA- Acquired US facility from Haldex AB Sweden

2009 - 11

  • Forayed into new global markets – Central Asia, MENA Region, Africa, Latin America and South Asia
  • Started vertical integration
  • Set up R&D
  • Set up SoA Press Shop

2013 - 14

Launch of clutches to cater Aftermarket segment

2014 - 15

  • Setting up of Diaphragm Spring Manufacturing Facility.
  • Launched Foundry (Lava Cast Pvt. Ltd.) under JV arrangement

2016 - 17

• Supply of new Clutch Cover Assembly to OEMs
• Commencement of commercial operations of Lava Cast

2017 - 18

Launch of clutches for Farm Equipment (Tractor) segment and American market