Rockman Industries
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Rockman Industries, formerly Rockman Cycles limited, is an Indian auto components manufacturer, based in
New Delhi New Delhi (, , ''Naī Dillī'') is the capital of India and a part of the National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati Bhavan, Parliament House ...
,
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
. The company is one of India's largest auto component manufacturers. Rockman Industries is primarily engaged in the manufacturing of aluminum die casting components, machined and painted assemblies, auto chains and parts. In January 2017, Rockman Industries entered the carbon composites sector with the acquisition of Moldex Composites, a UK-India carbon composite design and manufacturing company. Rockman was founded in 1960 and is led by Suman Kant Munjal, Chairman and Ujjwal Munjal, Managing Director.


History

A part of the Hero Group, Rockman Industries (formerly Rockman Cycles limited.) was set up in 1960 and started to manufacture bicycle chains and hubs for
Hero Cycles Hero Cycles Limited, based in Ludhiana, Punjab, is an Indian company that manufactures bicycles and bicycle related products. Pankaj M Munjal is the chairman and managing director of Hero Cycles. History Hero Cycles was established in 1956 ...
. In 1999, it diversified into high pressure aluminium die cast components and automotive chains for Hero MotoCorp (Erstwhile Hero Honda). In 2005 it closed the bicycle chains and hubs business and from November 2005, is only manufacturing die casting components and auto parts. In 2008, Rockman Industries set up a new auto components plant in Uttaranchal. In February 2014, Rockman Industries acquired Sargam Die Casting company and started its new facility at Bawal (Haryana). In January 2017, Rockman Industries acquired a majority stake in Moldex Composites to enter the aerospace, motorsport and high-end auto component manufacturing space. In 2019, company inaugurated two new plants at
Vadodara Vadodara (), also known as Baroda, is the second largest city in the Indian state of Gujarat. It serves as the administrative headquarters of the Vadodara district and is situated on the banks of the Vishwamitri River, from the state capital ...
and
Tirupati Tirupati () is a city in the Indian state of Andhra Pradesh. It is the administrative headquarters of the Tirupati district. The city is home to the important Hindu shrine of Tirumala Venkateswara Temple and other historic temples and is refe ...
. In Tirupati plant company is manufacturing four wheeler alloy wheels.


Manufacturing units

Rockman Industries has eight manufacturing plants at
Ludhiana Ludhiana ( ) is the most populous and the largest Cities in India, city in the Indian state of Punjab, India, Punjab. The city has an estimated population of 1,618,879 2011 Indian census, 2011 census and distributed over , making Ludhiana the ...
,
Haridwar Haridwar (; ) is a city and municipal corporation in the Haridwar district of Uttarakhand, India. With a population of 228,832 in 2011, it is the second-largest city in the state and the largest in the district. The city is situated on the righ ...
,
Chennai Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of th ...
,
Bawal Bawal is a big industrial town located, near Rewari city in Rewari district in Indian state of Haryana. It lies in the National Capital Region (NCR) of India. It is located on national highway NH 48 (formerly called NH 8), 11 km from Rewari, ...
,
Surat Surat is a city in the western Indian state of Gujarat. The word Surat literally means ''face'' in Gujarati and Hindi. Located on the banks of the river Tapti near its confluence with the Arabian Sea, it used to be a large seaport. It is now ...
,
Vadodara Vadodara (), also known as Baroda, is the second largest city in the Indian state of Gujarat. It serves as the administrative headquarters of the Vadodara district and is situated on the banks of the Vishwamitri River, from the state capital ...
and
Tirupati Tirupati () is a city in the Indian state of Andhra Pradesh. It is the administrative headquarters of the Tirupati district. The city is home to the important Hindu shrine of Tirumala Venkateswara Temple and other historic temples and is refe ...
. In Ludhiana they have two plants, one for chains and the other for aluminium die casting products. All other locations manufacture die casting components. Surat's unit is manufacturing advanced composites parts.


Customers

Rockman Industries supplies its products to Hero MotoCorp and various global automotive companies including: TVS, Honda, Royal Enfield, Revolt, Ather, Hyundai, Kia, Ford Motor, Mahindra, Tata, Bosch, Stanadyne, Dana, Denso, Nemak, PSA AVTEC, KSP Automotive, Continental, Magna, Hanon System, Wabco, Mando, Getrag, BorgWarner, iwis and others.


References

{{reflist, 2, refs= {{cite web, title=Rockman Industries Limited , url=http://www.icra.in/Files/Reports/Rationale/Rockman%20Industr-r-24102011.pdf, publisher=
ICRA Limited ICRA Limited (ICRA) is an Indian independent and professional investment information and credit rating agency. The company was established in 1991, and was originally named ''Investment Information and Credit Rating Agency of India Limited'' (I ...
{{cite web, title=Rockman Ind to set up auto parts plant , url=http://articles.economictimes.indiatimes.com/2007-05-24/news/28445965_1_auto-parts-auto-component-hero-group, publisher=
The Economic Times ''The Economic Times'' is an Indian English-language business-focused daily newspaper. It is owned by The Times Group. ''The Economic Times'' began publication in 1961. As of 2012, it is the world's second-most widely read English-language bus ...
, date= 24 May 2007, accessdate=5 January 2015
{{cite web, author=Bhawna Gupta, title=Hero Group's auto component firm Rockman to buy majority stake in Sargam Diecastings, url=http://www.vccircle.com/news/engineering/2014/02/18/hero-group%25E2%2580%2599s-auto-component-firm-rockman-buy-majority-stake-sargam, publisher=
VCCircle VCCircle, founded in 2005, is an Indian information services group with presence in online business news, data, events and training for private equity and venture capital fund managers, entrepreneurs, investment bankers, corporate executives and ...
, date=18 February 2014, access-date=5 January 2015, url-status=dead, archiveurl=https://web.archive.org/web/20141103185106/http://www.vccircle.com/news/engineering/2014/02/18/hero-group%E2%80%99s-auto-component-firm-rockman-buy-majority-stake-sargam, archivedate=3 November 2014
{{cite web, title=Rockman Ind to set up plant at over Rs 100 cr, url=http://archive.financialexpress.com/news/Rockman%20Ind%20to%20set%20up%20plant%20at%20over%20Rs%20100%20cr/201350, newspaper=
The Financial Express (India) ''The Financial Express'' is an Indian English-language business newspaper owned by The Indian Express Group. It has been published by the Indian Express ''The Indian Express'' is an English-language Indian daily newspaper founded in 19 ...
, date=24 May 2007, access-date=5 January 2015, url-status=dead, archive-url=https://web.archive.org/web/20150214013431/http://archive.financialexpress.com/news/Rockman%20Ind%20to%20set%20up%20plant%20at%20over%20Rs%20100%20cr/201350, archivedate=14 February 2015
{{cite web, title=CRISIL Ratings , url=http://www.crisil.com/Ratings/Commentary/CommentaryDocs/CRISIL-ratings_hero-group_aug10.pdf, publisher=
CRISIL CRISIL (formerly ''Credit Rating Information Services of India Limited'') is an Indian analytical company providing ratings, research, and risk and policy advisory services and is a subsidiary of American company S&P Global. CRISIL, was the f ...
{{cite web, title=Domestic & International Customers , url=http://www.rockman.in/customers.php, publisher=Rockman Industries {{cite news, author=Ashish Sharma, title=Rockman to set up plant in Uttarakhand, url=http://www.business-standard.com/article/companies/rockman-to-set-up-plant-in-uttarakhand-107072301030_1.html, newspaper=
Business Standard ''Business Standard'' is an Indian English-language daily edition newspaper published by Business Standard Private Limited, also available in Hindi. Founded in 1975, the newspaper covers the Indian economy, infrastructure, international busine ...
, date=23 July 2007 , accessdate=5 January 2015
Automotive companies of India Companies based in Punjab, India Manufacturing companies established in 1960 1960 establishments in East Punjab