Incorporated in May 1982, and listed on the BSE, Setco is the largest manufacturer of Premium Quality Lipe brand clutches for commercial vehicles in India. The company employs more than 1200 people globally. It is a Tier I supplier of clutches to all the prominent Indian commercial vehicle manufacturers such as Tata Motors, Bharat Benz, Ashok Leyland, Man India, Mahindra & Mahindra, Volvo – Eicher Commercial Vehicles and Asia Motor Works amongst others. Setco has all the required global quality certifications such as IATF 16949,ISO 14001 and OHSAS 18001.
Setco has a strategic global footprint with 4 manufacturing facilities, 2 in India, and 1 each in the UK and USA, with its corporate base in Mumbai, India. While Setco’s major manufacturing is in Kalol, Gujarat, it has a fast expanding facility in Sitarganj, Uttarakhand. Setco has set up a state of the art R&D centre at Kalol certified by the Department of Scientific and Industrial Research, Government of India to design, develop and validate full clutch systems. It also has a research and development centre in UK.
In addition Setco also manufactures clutches for hydraulic products for the construction equipment industry and precision engineering components like complex and deep drawn pressings forgings and castings that are machined and heat treated.