AVTEC Ltd

AVTEC Ltd Founded:1979

AVTEC Ltd, is one of the largest independent manufacturer of ‘Powertrains & Precision Engineered Products’, in India.
AVTEC Ltd, is a part of C. K. Birla Group.
AVTEC has earned a formidable reputation in domestic and International Markets, for manufacturing products such as Engines, Transmissions and intricate Components like cylinder head, cylinder block, crank shaft, cam shaft, cam rod and high precision transmission gears for Automotive and Off-highway segments.
AVTEC has strategic technical collaboration with Allison Transmission and Peugeot Citroen Moteurs.
AVTEC has a strength of 1,600 employees at its four world class eco-friendly manufacturing facilities in India, located at Hosur and Chennai in Tamil Nadu, Pithampur in Madhya Pradesh and Kharagpur in West Bengal, and a design, patenting and batch production facility in Switzerland via its strategic partnership with ASSAG, a pioneer in face gear technology.

Financial / Funding data

Series A Funding: Actis invested $17.8 million for 30% stake in Avtec in February 2005.
Series B Funding: Warburg Pincus LLC has invested for a minority stake to fund its future growth plans in April 2013.
Actis exited in April 2013.

Employees1600
IndustryManufacturing
DescriptionLargest independent manufacturers of powertrain and precision engineered products in India

Milestones

1981 - Technical collaboration with Allison Transmission.
1983 - Manufacturing facilities established at Hosur, near Bangalore.
1984 - Technical collaboration with ISUZU MOTORS.
1985 - Manufacturing facilities established at Pithampur, near Indore.
1988 - Technical Collaboration with Twin Disc Inc. USA for Cycling T/M.
1998 - Technical Collaboration with Mitsubishi Motors Corporation, Japan.
1999 - Strategic Alliance with Allison Transmissions for Off-Highway Transmissions.
2005 - AVTEC Limited - Formation of a new entity at Hosur and Pithampur.
2006 - Manufacturing facilities established at Chennai.
2010 - License agreement with Peugeot Citroen Moteurs for engines.
2012 - License and technical assistance agreement with ZVD, Russia for transmissions.
2012 - Acquisition of ASSAG, Switzerland.

More Information

Key People

Mr. Chandra Kant Birla - Chairman
Mr. A. Sankaranarayanan
Mr. Prabhakar Kadapa - MD & CEO

Products / ServicesAutomotive Segment Passenger Car, Commercial Vehicle Off-Highway Segment, Mining and Construction Equipment, Material Handling Oil Field Applications, Railways, Wind Mill

Contact Details

Location New Delhi
Phone Number+91 11 4209 2100
Company Emailcorporate@avtec.in
Company Office Address

AVTEC Limited
Birla Tower, 7th Floor, 25, Barakhamba Road
New Delhi - 110001
INDIA
Web Address: www.avtec.in