Varroc Polymers Pvt Ltd
   HOME

TheInfoList



OR:

Varroc is a global
automotive component This is a list of auto parts, mostly for vehicles using internal combustion engines which are manufactured components of automobiles: Car body and main parts Body components, including trim Doors Windows Low voltage/auxiliary ele ...
manufacturer and supplier of exterior lighting systems, powertrains, electrical and electronics, body and chassis parts to passenger car and motorcycle segments worldwide. The company was founded by
Tarang Jain Tarang may refer to: Geography *Tarang River Thailand, tributary of the Pa Sak River, part of the Chao Phraya River basin *Tarang, Afghanistan *Tarang (Yap), an island in the main harbor of Yap Island, Micronesia Percussion instruments *Tabla ta ...
in 1990 and is currently headquartered at Aurangabad in Maharashtra, India with 35 manufacturing facilities and 11 engineering centres in 10 countries across three continents.


History

Varroc was established by
Tarang Jain Tarang may refer to: Geography *Tarang River Thailand, tributary of the Pa Sak River, part of the Chao Phraya River basin *Tarang, Afghanistan *Tarang (Yap), an island in the main harbor of Yap Island, Micronesia Percussion instruments *Tabla ta ...
in 1990, in Aurangabad, India with the commencement of the company's polymer division. Between 1992 and 1998, the company focused on product diversification and capacity expansion and started its electrical and metallic division. Varroc started more polymer manufacturing facilities in 1997 in Pune and Aurangabad.Varroc sets up plastic injection moulding plant
Retrieved 29 October 2016
In 2001, Varroc expanded its development capabilities by collaborating with
Mitsuba Corporation or simply MITSUBA, is a Japanese manufacturer of automobile parts including electrical components for wiper systems, door mirrors, power window motors, fuel pumps, and pressure regulators. Mitsuba is listed on the Tokyo Stock Exchange and as of ...
, a
Japan Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north ...
ese manufacturer of automobile parts. The company collaborated with Brussels based materials technology company, Umicore, in 2005 and started production of automotive catalytic converter. Between 2007 and 2010, Varroc acquired IMES, Poland and Italy to strengthen forging business in European markets, off-road and oil drilling industry. The company also invested in manufacturing capability for polymers in National Capital Region to cater to OEMs in North India. In 2011, Varroc acquired European two wheelers lighting organization Tri.O.M. S.p.A. including its R&D center. In 2012, Varroc's turnover crossed the USD 1 billion mark with the acquisition of Visteon's Lighting Business along with its two R&D centers.Varroc acquires 80% of Italy's Triom
Retrieved 29 October 2016
VARROC GROUP – System supplier bets big on technology, diverse product portfolio and global customer base
Retrieved 29 October 2016
Varroc established its eighth polymer plant in Pithampur, Indore, in 2012, which caters to Volvo, Eicher and Mahindra Two Wheelers.Focus on increasing plastics business
Retrieved 29 October 2016
Another polymer plant was established in
Bengaluru Bangalore (), officially Bengaluru (), is the capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan population of around , making it the third most populous city and fifth most ...
that caters to HMSI and passenger car segment. The company also invested in design and set up of the 10th polymer plant at Chennai to supply Yamaha Motor Company. In 2015, Varroc partnered with UK Based manufacturer and supplier Scorpion Automotive Ltd to provide security-based products for two-wheelers.


Operations

The company has five business verticals under its umbrella:


Varroc Lighting Systems

Varroc Lighting Systems (VLS), headquartered out of Plymouth, Michigan, is a supplier of exterior lighting for passenger cars and commercial vehicles. The division has six manufacturing plants across North American, European, and Asian countries and six Engineering centers in the Czech Republic, France,
China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...
, Germany, Poland, Mexico, Romania and India.


Triom Lighting

Triom Two-Wheeler Lighting, the lighting system arm of Varroc for the two-wheeler industry, develops electronics and lighting solutions for the automotive market in India and Europe. The division produces high quality two-wheeler lighting systems. It has four manufacturing plants – two in Europe, one in Vietnam, and one in Mexico – as well as an engineering center in Italy.


Electrical

Varroc’s Electrical division offers complete solutions in electrical components and assemblies for the two, three, four wheeler, off-road as well as commercial vehicles segments. The division has five manufacturing facilities located in the states of
Maharashtra Maharashtra (; , abbr. MH or Maha) is a states and union territories of India, state in the western India, western peninsular region of India occupying a substantial portion of the Deccan Plateau. Maharashtra is the List of states and union te ...
and Uttarakhand. Tier 1 auto component manufacturer which supplies to leading OEMs both in India and overseas, has clarified its position on the patent violation allegations levelled b
Flash Electronics India
against Royal Enfield in the US regarding production of a key component fo
two-wheelers
motorcycles.


Metallic

Metallic division is a supplier of essential machined forgings and engine valves. The manufacturing capabilities of forging include hot, warm and cold forging, heat treatment, post heat treatment machining and soft machining. The forging plant based in Italy supplies large forgings to
caterpillar Caterpillars ( ) are the larval stage of members of the order Lepidoptera (the insect order comprising butterflies and moths). As with most common names, the application of the word is arbitrary, since the larvae of sawflies (suborder Sym ...
s in Europe for construction equipment.


Polymer

Varroc polymer provides solutions to the automotive segments. The division produces a wide range of injection and compression moulded automotive and allied rubber components. Varroc is the largest polymer solution provider to the two-wheeler industry in India.


Awards and accolades


2016

* ''Emerging Manufacturing Giant'' citation honour by Devendra Fadnavis, Chief Minister of Maharashtra, India on behalf of Indian Merchants' Chamber. * ''India Automotive Lighting Technology Innovation Leadership Award” at the Frost & Sullivan’s GIL 2016: India Awards.'' *''Environmental Youth of the Year award 2016'' for implementing green initiatives from Clean & Green India jointly with SingEX, Singapore and Franchise India. *''Kaizen Award'' in Innovative Kaizen Category during 26th CII–TPM Club National Kaizen Conference Cum Competition held at New Delhi.


2015

*''Best Supplier Award 2015'' from Danfoss for best performance in quality and delivery to multiple Danfoss global locations & proactive planning for keeping commitments. *''New Product Development Award'' by HMSI.


2013

* Tarang Jain received '' Forbes Next Generation Entrepreneur'' award.Award: Next Generation Entrepreneur Tarang Jain
Retrieved 29 October 2016


References

{{reflist Automotive companies of India Companies based in Maharashtra Indian companies established in 1990 Automotive companies established in 1990 1990 establishments in Maharashtra Aurangabad district, Maharashtra