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MOTORINDIA
l
August 2012
company has equal focus on domestic and exports busi-
ness. The automotive business mainly catering to the
CV segment still remains its primary focus, and CTT
continues its undisputed leadership in the medium &
heavy commercial vehicle segment.
CTT has already emerged a major supplier of tur-
bochargers to most of the leading OEMs in India, in-
cluding Ashok Leyland, Tata Motors, Volvo-Eicher,
MAN Trucks India, New Hol-
land, Mahindra & Mahindra,
Simpsons, International Trac-
tors Limited Sonalika, Es-
corts, etc. Dewas and Rudrapur
plants mainly cater to domestic
demand and the Pithampur unit
is dedicated for exports. Cur-
rently the company is embark-
ing on a major expansion plan
at the Pithampur plant with its
potential to grow three times
the existing level of produc-
tion.
The company has made an
initial investment plan of Rs.
20 crores for the first phase of
expansion and has plans for an
overall investment of around
Rs. 120 crores in a phased man-
ner. With the expansion activi-
ties in progress, CTT is target-
ing doubling of its sales revenue
within the next three-five years.
Currently, the company’s Indian
operations account for around
12 per cent of its global rev-
enue, which now stands at $1.3
billion.
The Pithampur plant not only
produces and sells turbocharg-
ers but also components for
the product both for Indian and
overseas operations.
w
component zone
Normally, turbo-chargers run at a speed of about 200
thousand rpm, and thus require high standard and reli-
able critical parts. CTT believes in using a high standard
of product technology without compromising on quality.
The company has also taken measures to increase the
indigenisation level in order to reduce the cost of produc-
tion.