| Clean Air and Powertrain Solutions | Manufacture of emission control systems, powertrain components like pistons, bearings, sealings, spark plugs. | Strong OEM relationships, technology adaptation, localization, parent company R&D support. | B2B serving passenger vehicle, commercial truck, and off-highway OEMs in India and exports. | Emission control systems and ignition products. | 2570 | 53 | OEM supply contracts and aftermarket sales via subsidiaries. | Direct sales through long-term OEM contracts, volume linked pricing. | Tighter emission norms, increasing vehicle content, export growth. | BS6.2 Emission Systems, Engine Bearings, Spark Plugs, Ignition Coils |
| Advanced Ride Technologies | Suspension components for passenger vehicles including passive and semi-active systems. | Technology leadership, localized manufacturing footprint, extensive testing and R&D. | B2B focus on Indian passenger vehicle OEMs, expanding into EV segment. | Electronic semi-active suspension systems. | 2320 | 47 | Direct OEM supply agreements usually fixed contract pricing. | Contract manufacturing with long-term engagements. | SUV and EV segment growth, premiumization of ride and safety features. | Shock Absorbers, Struts, Electronic Suspension Systems |
