Lava Cast, a Setco Automotive subsidiary, successfully exports flywheels and covers to the US

By Staff Writer ,

Added 06 December 2024

The shipment includes flywheels designed for leading automotive and ancillary companies in the US, alongside covers tailored for aftermarket distributors and remanufacturers

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Setco Automotive Limited, one of India's largest manufacturers of MHCV clutches and a premium supplier of truck components, has announced the successful export shipment of flywheels and covers to the US market, manufactured by its subsidiary, Lava Cast. This milestone highlights the company's commitment to global expansion and delivering high-quality products to a diverse international clientele.

The shipment includes flywheels designed for leading automotive and ancillary companies in the US, alongside covers tailored for aftermarket distributors and remanufacturers. This achievement marks a significant step in Setco's export journey as it aims to capitalise on the growing international demand for high-quality automotive components.

Key Highlights of the Export:

Superior Product Competitiveness:
Setco's advanced Lava Cast facility, featuring a fully automated production line, ensured precision, consistency, and cost-efficiency, providing a competitive advantage in global markets.
Commitment to Innovation:
The products reflect Setco's dedication to innovation and its ability to meet the unique needs of both domestic and international customers.
Strategic Growth in Export Markets:
The US market presents substantial growth opportunities, with exports yielding higher margins compared to domestic sales. Setco intends to scale up its global operations in clutches, flywheels, and castings via Lava Cast, contributing significantly to its revenue growth.

Harish Sheth, Chairman & MD of Setco Automotive Ltd., commented: "This recent export shipment is a testament to our strategic initiatives and relentless efforts over the past few years. The competitive edge of our Lava Cast products, combined with the higher margins in export markets, positions us strongly for sustained growth. We believe the challenges are behind us, and it's now time to reap the rewards of our hard work. As we expand our presence in domestic and international markets, we remain committed to delivering superior quality and innovative solutions to customers worldwide."