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About Setco

Largest Manufacturer of MHCV Clutches and a premium supplier for Truck Products

Setco is a leading OEM manufacturer specializing in clutch products for the MHCV sector and hydraulic products for the construction equipment industry. Additionally, Setco produces precision engineering components, including complex and deep-drawn pressings and machined castings.

Explore our product range

From the Chairman's Desk

Harish Sheth

At Setco we foremost take care of our customer needsto meet their market and operating requirements.

At Setco we foremost take care of our customer needsto meet their market and operating requirements.

As a responsible corporate entity, we not only engage with our team members and their families but also actively contribute to the communities in which we operate.

We are confident that with all our initiative we will grow from strength to strength.

Chairman and Managing Director

WE MAKE INDIA MOVE

Our Vision

To be a market leading brand in our chosen sphere of work with quality products and services, cost effective manufacturing, state of the art technology and environment friendly practices, creating values for our stakeholders.

Our Mission

To be the preferred clutch of choice in 1 out of 3 commercial vehicles and
1 out of 5 farm tractors globally.

Setco Automotive Limited Board

A board of directors guides company strategy, oversees governance,
and ensures accountability, comprising diverse experts and leaders.

Board of Directors

Harish-Sheth

Mr. Harish Sheth

Chairman and Managing Director

Udit-Sheth

Mr. Udit Sheth

Vice Chairman

Urja-Shah

Mrs. Urja Shah

Director

Vijay Kalra

Mr. Vijay Kalra

Independent Director

Suresh Shanbhogue Setco

Dr. Suresh Shanbhogue

Independent Director

Mr. Alok Shyamkrishna Parashar

Independent Director

Hiren

Mr. Hiren Vala

Company Secretary

Kuldeep Singh

Mr. Kuldeep Singh

Chief Finance Officer

Setco Auto Systems Pvt Ltd Board

A board of directors guides company strategy, oversees governance,
and ensures accountability, comprising diverse experts and leaders.

Board of Directors

Harish-Sheth

Mr. Harish Sheth

Chairman and Managing Director

Udit-Sheth

Mr. Udit Sheth

Vice Chairman

Mrinal-Chandran

Mr. Mrinal Chandran

Nominee Director

Shitij Ramesh Kale

Mr. Shitij Ramesh Kale

Nominee Director

Pravin-Nagindas-Shah

Mr. Pravin Nagindas Shah

Independent Director

Vijay Kalra

Mr. Vijay Kalra

Independent Director

Niraj

Mr. Neeraj Singhal

Chief Executive Officer & Director

Hiren

Mr. Hiren Vala

Company Secretary

Kuldeep Singh

Mr. Kuldeep Singh

Chief Finance Officer

Setco’s journey so far...

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Launch of flywheel coolant and UJ cross

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Reaching highest share of business in leading OEMs

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Product range extension to global markets

ASD – clutches and twin clutch

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Foray Into farm tractors segments and BS-VI clutches

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B S-VI Approvals from all OEM partners on target

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Launch of clutches for farm equipment(tractor) segment and American market

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Supply of new clutch cover assembly to OEMs

Commencement of commercial operations of Lava cast

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Setting up Diaphragm

Spring manufacturing facility.

Launched Foundry (Lava Cast Private Ltd) under JV arrangement

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Launch of clutches to cater aftermarket segment

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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

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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

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

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Incorporation