Setting up Diaphragm
Spring manufacturing facility.
Launched Foundry (Lava Cast Private Ltd) under JV arrangement
2013 – 14
Launch of clutches to cater aftermarket segment
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
2005 – 06
PE investment by New Vernon
Set up SETCO UK – Acquired LIPE(UK) from Dana Corp, USA
Set up SETCO NA-Ahaldex Acquired US facility from Haldex AB Sweden
1999
Technical collaboration with LIPE UK (division of Dana Corporation, USA) during India’s BS migration.