; wherein as per laid down policies the Global OEMs put up a manufacturing footprint in China has to indigenous components within the stipulated time period. It was a heady time for the sector—a booming Indian auto industry meant that margins were in double digits. The collaboration also provides the exclusive rights to Varroc Engineering to manufacture the licensed security products for their global markets. In Indian perspectives, the SMEs don’t have the similar leverage, no major support from Indian Govt. The SMEs in India are gradually developing themselves more on the technical front to improve their value chain. “Dear Tarang, It’s always my pleasure, what you do, the kind of art and artists you support really ignites me and my creativity as well. These teams are solidly backed up by world-class engineering centres based in the Czech Republic and Germany, close to the customers to support their growth needs. Varroc and Scorpion Automotive will introduce the first of its kind products like Alarms, Immobilisers, Heated Grips, Throttle Locks, Smart Chargers and Vehicle tracking devices in the Indian Automotive market. With a mission “to recognize the Indian manufacturing capability and assess its global competitiveness,” Indian Manufacturing Excellence Awards (IMEA) has a robust, highly acclaimed and constantly updated assessment process in place derived from the best global manufacturing practices. Ltd, UK’s trusted brand in vehicle securities, to provide security based products and marketing solutions to the automotive industry, especially the two-wheeler segment in India. Varroc Group has approximately 9,500 employees with over 30 manufacturing plants in Asia, Europe and the Americas. The collaboration will not only help Scorpion Automotive Pvt Ltd to expand its portfolio but will also introduce innovative products for the Two Wheeler sector in the Indian Automotive Industry. The key may lie in expanding geographies and integrating operations with India to keep the cost low,” said Abdul Majeed, partner, automotive practice, Price Waterhouse. “Tri.O.M’s plan to set up a plant in Vietnam will give us a big gateway to reach out to the fast-growing Southeast Asian markets, which is our big focus going ahead,” he added. Copyright © 2019 Varroc Group. “This acquisition helps us in two ways; it strengthens our technology and widens our product portfolio. She is quite an entrepreneur who has run several enterprises such as her own textile business and a boutique selling Indian garments. But he had the foresight and the boldness to go ahead and fix what wasn't yet broken While Jain says he would have liked to … Tarang Jain 2 years ago 2,981 views I hope you will like it. Varroc Lighting Systems, registered in the Netherlands, headquartered in Plymouth, Michigan, USA, is a wholly-owned entity within the Varroc Group. The courses are designed for students aged 12 and above. MotorIndia – Auto Expo Components, February 2016, Varroc Group – Smart initiatives, Giant steps. 47828 Halyard Dr. With this acquisition, Varroc will combine the benefits of management teams capable of driving growth globally as well as maintaining lean and agile manufacturing and engineering factories. Mr. Tarang Jain, managing director. All rights reserved. Along with expanding in global emerging markets, Varroc will also devote attention to the growing North American and India markets, where we are favourably positioned with well established lean manufacturing capabilities and capacities out of Apodaca, Mexico and Pune, India respectively. The plant was inaugurated by the chief guest, Mr. Vinod Aggarwal, Chief Executive Officer, Volvo Eicher Commercial Vehicles in the presence of Tarang Jain, Managing Director, Varroc Group, Mr. N. Ramanathan, President, Varroc Polymers and other top management officials of Varroc Polymers. L-4, MIDC Industrial Area, All of the approximately 4200 employees including 400 engineers from the lighting business will join the Varroc Group. Dear sir varroc group in coming 2 to 5 years will be min 3000 crores. However, he refused to disclose the ticket size of the deal, as the transaction is still subject to regulatory approvals in Italy. She is quite an entrepreneur who has run several enterprises such as her own textile business and a boutique selling Indian garments. Tarang Jain's company was doing great. The transaction completes an important step in our strategic plan to focus on our core The company is setting up a plant in Vietnam to cater to the fast-growing two-wheeler market in the Asian region. In his concluding comments to students; he mentioned, I believe in the strength of my country and its people. As such the SMEs are facing tough competition from Chinese suppliers. To connect with Tarang, sign up for Facebook today. Ltd. in the presence of Mr. Kumar Iyer, British Deputy High Commissioner, Western India &Director General, India, for UK Trade & Investment (UKTI).Mr. Dr. Ravi Damodaran, President – Technology & Strategy joined Varroc Group in 2012 and since then has been successfully spearheading the Group’s foray into next generation technology. E-mail: varroc.info@varroc.com, Varroc Lighting Systems Says Ravi Damodaran, president, technology and strategy at Varroc, “When I see the present state of the industry, all I see is despair. Varroc is technically and operationally well equipped to manufacture the products licensed through Scorpion Auto. In total, about 1450 manufacturing, engineering and administrative employees are part of China operations. The nine-year-old chirpy girl, Tejaswini Sagar, who has been Sponsored by Varroc Group from Last Two Years, became the youngest Aurangabad among girls to capture the crown in a meet of this magnitude. Phone: +91 240 6653700 The topic was “Globalization & its Impact on SME Sector”. Heavy participation by such number of donors in the event revealed the attainment of said objective and it is encouraging points to the success of the camp. Back then he hadn’t hoped to grow so big. I am confident that this partnership will bring tremendous value to all customers.”. Ashwani Maheshwari, President— Forging Business, Varroc, in this interaction with Maria Jerin, discusses the challenges to be addressed and the opportunities to be leveraged in the Indian forging industry. Our mentors hail from the best art schools. The Indian companies are growing the right way, having strong fundamentals & values and eventually will emerge winners with a little more support from the government. Varroc Group is the pioneer of these security auto products in the Indian market. Should bleeding startups sponsor the IPL? Varroc Group, had an interactive session with MBA students from PIRENS institute on Tuesday the 9th March’10. But when times are good, there’s always the fear that things won’t last forever. Tanmaya Vyas: 9922112269, tanmaya.vyas@ketchumsampark.com. 2W biz drives Varroc electronics, electricals, Interview with Dr. Ravi Damodaran – Motown India, Interview with Tarang Jain – Motown India, Interview with Mr. Tarang Jain – Autocar Professional, AutoCar Professional – January 2015 Issue, Varroc ramps up in expectation of market revival, “Energy reduction is a priority” – Dr. Ravi Damodaran, Reforms: The Way To Revive Deal Street – Forbes India, Forbes India CEO Dialogues – Mr. Tarang Jain featured in Forbes India, Efficient Manufacturing – October 2014 Issue, Varroc Group featured for Automotive Lighting, Automotive Product Finder – Special Edition, VARROC GROUP – System supplier bets big on technology, diverse product portfolio and global customer base, Varroc to set up new plant in Chennai to boost polymer business, Varroc’s aftermarket biz eyes Rs 1,000 crore turnover by 2020, Tarang Jain: Taking Risks to De-Risk Varroc, Mr. Tarang Jain awarded the Next Entrepreneur of the year, Varroc Group- Building Capabilities to tap future Growth, Automotive Lighting Special – Varroc aims for world No. Varroc sold whatever it made and furiously expanded capacity.Jain had come a long way since he set up Varroc in 1990. Varroc Lighting Systems “As we strive to serve our customers on a global scale, the responsiveness, commitment, and passion for excellence demonstrated by the plant’s team continue to produce positive results” corroborate by Mr. Tarang Jain, MD Varroc group.
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