| Alternate Fuel Systems | Design and manufacture of CNG, LNG, Hydrogen fuel kits for heavy and light commercial vehicles and industrial applications. | Exclusive local manufacturing rights via technology partnerships, cost competitiveness, and regulatory tailwinds. | B2B, primarily vehicle OEMs and industrial equipment manufacturers. | Customized fuel kit components and long-term OEM contracts. | 140 | 66 | Product sales to OEMs and after-market clients. | Direct sales with long-term supply contracts. | Government mandates on emission norms and low-cost localization initiatives driving demand. | |
| Fire Detection & Suppression Systems | Manufacturing fire detection, alarm, and suppression systems, with emphasis on mandated school bus safety solutions. | Early mover advantage in mandated safety solutions market with government backing. | B2B clients in transport and safety sectors. | Advanced fire suppression technologies and system integration. | 35 | 17 | Product sales primarily to vehicle manufacturers and transport agencies. | Direct project sales and bulk contracts. | New MORTH fire safety mandates and growing awareness for vehicle fire protection. | |
| Surface Mount Technology & Electronic Manufacturing Services | Production line equipment for electronic circuit board assembly, supporting electronics manufacturing ecosystem. | Fully automated SMT line with cutting-edge capability; strategic acquisition consolidating EMS business under one roof. | B2B customers in electronics manufacturing, consumer electronics, automotive electronics sectors. | High-end automated SMT lines and customized production solutions. | 30 | 15 | Sales of SMT lines and related electronic manufacturing solutions to OEMs. | Equipment sales and service contracts. | Shift of global electronics manufacturing to India and increasing EMS investments. | |
