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82
MOTORINDIA
l
May 2012
Partnership with
Spal
to boost
PAEI’s
business prospects
Pee Aar Exim (PAEI) is a joint
venture of Spal, Italy, with the Pee
Aar Exim Pvt. Ltd. of India, in
which the former has 70 per cent
stake in the equity and the latter the
remaining 30 per cent.
PAEI has the technical know-
how to manufacture condenser and
radiator motors, SFA and blowers
for automotive applications, and is
committed to working on new tech-
nologies to develop products as per
customers’ demands. Its annual ca-
pacity has grown from 0.18 million
SFA units to the current 0.72 million
SFA units.
PAEI is a supplier to leading air-
conditioning companies like Subros,
Delphi, Behr, Spheros and Sidwell
that in turn supply to vehicle manu-
facturers such as Tata Motors and
Mahindra.
It is also keen on exploring the
huge potential in the bus and offroad
segments with its products currently
being exported to China, Singapore,
Brazil, the UK and Russia.
The company has its manufactur-
ing facility in Pune with a monthly
capacity of 100,000 fan and blower
assemblies and currently makes
40,000 assemblies. There is also
good scope for increasing the plant
capacity, with just 30 per cent of the
land space currently used while 70
per cent is available for expansion
which could result in production ca-
pacity touching a whopping 500,000
assemblies per month. Work has al-
ready begun on ramping up monthly
Capacity hike in progress with increasing turnover
Mr. Pankaj Rustagi, Managing Director, PAEI and Mr. Vittorio Salvarani, Accessories Commercial Office Man-
ager, SPAL Italy (third and fourth from left respectively), with the PAEI team.
Focus on components
The company has invested Rs.
20 crores, with a further ex-
pected investment of Rs. 10
crores towards injection mould-
ing machines, a motor line and
an assembly line.