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MOTORINDIA
l
September 2012
wholly-owned subsidiary of TRF.
York grew its business by over 36
per cent during 2011-12, achieving
sales of Rs. 335.07 crores (previous
year: Rs. 246.18 crores). The market
share of York improved in all key
markets, including Australia, Indo-
nesia, South Africa, Thailand, China
and India. Two new models of axle
and suspension were launched at the
beginning of 2012. The products
were well received, and commercial
production of these will commence
shortly.
Manufacturing of axles at the new
plant in Pune commenced in May
2011. This facility includes suspen-
sion assembly, special axles and
R&D centre. Axles for hydraulic
trailers, which were previously im-
ported, are now being manufactured
at the Pune plant. With a view to
making suspension products more
competitive, the focus is on indi-
genization and value engineering
which would help the company in
the next financial year. Efforts to
work with and support the custom-
ers on application, maintenance and
installation continued at the Pune
Training Center as well as at various
customer sites across the country.
DLT Group
Dutch Lanka Trailer (DLT) be-
came a wholly-owned subsidiary
of TRF Singapore Pte. Ltd. towards
the end of 2011. The slowdown in
the global economy and the con-
sequential decline in International
trade and container traffic, adversely
impacted DLT sales during 2011-12
as the company depends heavily on
sale of ‘port terminal trailers’. Road
trailer sales also remained stagnant.
Sales at Rs. 126.63 crores were
2.86 per cent lower than Rs. 130.36
crores the previous year. However,
in the last quarter of 2011-12, there
were signs of improvement in the
order book.
During the year DLT had entered
into purchase agreements with AP
Moller Terminal and DP World, two
large port operators. The company
also entered into dealership arrange-
ments in Japan and India to market
its trailers.
Dutch Lanka Engineering Ltd., a
100 per cent subsidiary of DLT in
Sri Lanka, engaged in maintenance,
service and trailer manufacture for
the local Sri Lankan market, had im-
proved its performance significant-
ly, recording its highest-ever sales
since inception of Rs. 21.70 crores
against the previous year’s Rs.
14.29 crores, achieving growth of
48.78 per cent and further increasing
its market share in Sri Lanka.
Adithya Automotive
Applications
TRF Ltd. had entered into a share-
holders agreement with Tata Capital
Ltd. and Jasper Industries Pvt. Ltd.
to form a joint venture company,
Adithya Automotive Applications
Private Ltd. (AAA), engaged in the
business of automotive applications
to provide end-to-end solutions
through fabrication and machining
for vehicles to be used as tippers,
load bodies, trailers, refrigerated
bodies, etc. 2011-12 was the first full
year of operations for AAA. Dur-
ing the year it supplied 3,038 tipper
bodies against 1,245 in the previ-
ous year. Sales at Rs. 73.73 crores
applications
AAA had also completed the first
phase of capacity expansion from 10
tippers to 15 tippers per day while
the next phase of expansion to 25
tippers per day is underway.