1991 – 2000
Published On: 24th January, 2018
- 1991:
- Entered a technological tie up with SOQI Inc., Japan
- 1992:
- Commissioned the Dewas plant for manufacturing automotive components for commercial vehicles
- 1993:
- Launched a unique HR practice – machines operated by knowledge workers, designated as ‘operating engineers’
- 1994:
- Commenced supplies to TVS Motors
- 1995:
- Acquired Stallion Shox
- 1996-97:
- Sets up two plants: Chakan for Passenger Cars and Hosur for motorcycles
- Started manufacturing gas shock absorbers
- 1997:
- Signed a technology assistance agreement with KYB Corporation, Japan
- 1998:
- Bagged TATA Motors’ first passenger car project
- Set up a state-of-the-art validation centre in Chakan
- Became self-sufficient in terms of designing and developing indigenous customised solutions