In an exclusive interview with Aftermarket & Service, Mrinal Aggarwal, Vice President – Operations and Marketing, HIM Teknoforge Ltd., sheds light on his company’s exciting new developments and product launches lined up for ACMA Automechanika New Delhi.
Can you provide an overview of HIM Teknoforge’s presence in the automotive industry?
HIM Teknoforge is a well-established tier 1 supplier with over 40 years of experience in serving the Indian automotive industry. Our key product offerings include components for suspension, differential transmission, and steering systems apart from a number of other applications. Notably, we are also listed on the stock exchange.
Could you highlight some of the recent developments at HIM Teknoforge?
We have introduced hydraulic axle components for overseas customers, primarily used in the material handling industry and electric vehicles. Additionally, we’ve expanded our product range to offer brake shaft kits, steering kits, and machine castings. The introduction of state-of-the-art machining centers showcases our commitment to innovation.
Could you elaborate on your diversified product portfolio and recent additions to it?
Apart from our historical expertise in forging, we now offer a wide range of products, from small components to larger parts weighing up to 40 kg. Our portfolio includes brake shaft kits, steering kits, assemblies for export customers, and suspension assemblies for key clients in the commercial vehicle space.
How does HIM Teknoforge differentiate itself in the market, and what are your unique value propositions?
Our differentiation lies in being a one-stop-shop, serving various product needs. From low-volume small products to high-volume larger parts, we cater to the requirements of about 17-18 OEMs globally. This breadth of experience allows us to understand our customers better and supply the right product at the right time and price.
How excited are you on your participation at ACMA Automechanika?
Automechanika has a broad outreach, and our participation, especially as a Bronze Partner this time, reflects our commitment to the event and the industry. Since 2015, we’ve been a part of Automechanika events worldwide. This platform is crucial for us, as it allows us to interact with OEMs, showcase our products, and connect with industry colleagues, both in India and globally.
What is the spread of your business between OEMs and replacement market and also between India and overseas?
We have a strong presence in both domestic and overseas markets. Historically, our focus on tier-1 supply has enabled us to engage with OEMs, while our expertise in the replacement market, particularly in Europe, adds another dimension to our business. We look forward to meeting clients from all segments at ACMA Automechanika.
What are your expectations for the event, considering the industry’s recovery post the Covid slowdown?
After a challenging period due to Covid, we are optimistic about a positive turnout at the event. We look forward to reconnecting with industry peers, friends, and potential clients, both from the OEM and replacement market segments. The event provides an excellent opportunity to showcase our resilience and new offerings after the slowdown.