| Commercial Vehicle Clutches | Manufacture and supply of clutches and clutch assemblies for medium and heavy commercial vehicles (M&HCV), including OEM and aftermarket. | Strong brand recognition, technical collaboration legacy with Lipe, extensive OEM relationships, and in-house R&D capabilities. | B2B customers including leading commercial vehicle manufacturers and service networks; plus aftermarket end users. | Aftermarket products and premium clutch assemblies for advanced vehicle models. | 465 | 65 | Revenue from direct OEM sales, aftermarket product sales, and exports to international markets. | Direct sales to OEMs and distributors with long-term contracts; aftermarket sales through distributor network with standard pricing. | Stringent emission standards (BS-VI), expanded aftermarket demand, exports growth, and new product launches like dual clutches for tractors. | Setco Clutch, Lipe Clutch |
| Allied Automotive Products | Flywheels, bearings, brakes, lubricants, clutch release bearings, water pumps and other tractor & commercial vehicle components. | Vertical integration with foundry Lava Cast, automated manufacturing, ISO-certified quality, and global export capabilities. | Commercial vehicle OEMs, aftermarket distributors, and export customers predominantly in USA and Europe. | Machined casting products and specialty bearing segments. | 253 | 35 | Sales through OEM contracts and aftermarket deliveries; export sales from subsidiary Lava Cast foundry. | Direct supply contracts and distributor-based sales, including volume discounts for export clients. | Product diversification into farm equipment, export market expansion via Lava Cast, and introduction of new components like automotive water pumps. | Setco Allied Products, Lava Cast |
