Pee Aar Exim Private Ltd., the JV between SPAL Automotive and the Pee Aar Group, received outstanding response for its products at the show. “The response to our products has been very good with only relevant customers walking in. We have also had many new customers at our booth, which has made our participation in the show a huge success”, says Mr. Pankaj Rustagi, Managing Director, Pee Aar Exim (P) Ltd.
While the Italian company SPAL is a global leader in axial fans and centrifugal blowers, the Pee Aar Group, has multiple business interests in areas like automotive, fans & blowers, plastic injection moulded parts and specialized FRP components. The JV company is working on new applications as it explores new business opportunities both within India and overseas.
“Despite the industry slowdown, our volumes have not gone down since last year. We have bagged new export orders from Europe through our JV company and are also looking at supplying to some customers in the Arab countries. In the domestic market, we are focusing on buses, off-road vehicles and some car applications as well. In the bus segment, customers have approached us for supplies as part of the JnNurm scheme for which discussions are currently on”, adds Mr. Rustagi.
On the product side, Pee Aar Exim is improving its product range with some technical upgradations. It is strengthening its motors and other parts with new designs and technical support of SPAL and is also working on bringing down the cost of its products to further benefit its customers.