|₹477.65 / ₹260|
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Varroc Engineering Limited is a global tier-1 (tier-1 companies are companies that directly supply to original equipment manufacturers ('OEMs') automotive component group. The Company designs, manufactures and supplies exterior lighting systems, plastic and polymer components, electricals-electronics components, and precision metallic components to passenger car, commercial vehicle, two-wheeler, three-wheeler and off highway vehicle ('OHV') OEMs directly worldwide. The company is one of the leading global passenger car lighting suppliers and amongst the top 2-wheeler automotive component supplier in India. The company has a global footprint of 37 manufacturing facilities. The Company commenced operations with polymer business in 1990. It initially grew organically in India by adding new business lines, such as electrical division and metallic division. Subsequently, it diversified the product offerings and expanded its production capacity through various investments, joint ventures and acquisitions. The Company has also expanded its manufacturing and R&D footprint by investing in nine manufacturing plants and an additional R&D center in India since 2012.