| Steel Wheels | Manufacture of robust steel wheel rims primarily for passenger vehicles, commercial vehicles, tractors, and two/three-wheelers. | Strong OEM relationships, backward integration in steel processing, and domestic manufacturing presence. | B2B with major Indian vehicle manufacturers and export customers. | Premium steel wheels for SUVs and commercial vehicles. | 229690000000 | 62 | Revenue from bulk supply contracts to OEMs and exports, based on sales volumes. | Contractual pricing based on volume and long-term agreements. | Demand in mass vehicles, increasing domestic automobile production, and replacement market growth. | |
| Alloy Wheels | Manufacture of stylish, lightweight alloy wheel rims catering mainly to passenger cars and premium vehicles. | Technological expertise, product innovation, and strategic partnerships for quality steel inputs. | B2B with automotive OEMs targeting premium and mid-segment vehicles. | High-end alloy wheels for passenger cars with corrosion-resistant and performance features. | 135710000000 | 37 | Sales revenue through OEM contracts and exports, focusing on high-value segments. | Tiered contractual pricing with innovation-led product offerings. | Growth of passenger vehicle market, preference for aesthetic and performance wheels, premiumization trend. | |
| Aluminum Steering Knuckles | Lightweight aluminum automotive components aimed at improving vehicle fuel efficiency and performance. | Early mover in aluminum components with ongoing capacity expansions and R&D investments. | B2B customers in automotive manufacturing, especially OEM segments adopting lightweight components. | Advanced aluminum parts for improved vehicle dynamics. | 5420000000 | 1 | Revenue through direct supply contracts to OEMs for specialized aluminum products. | Contract-based with focus on long-term supply and customization. | Automotive lightweighting trend, regulatory push for fuel efficiency and emissions reduction. | |
