ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Diversified Market

Diversified Market Hansavivek BHARAT GEARS has improved its market mix. It has now on its customer list not only manufacturers of commercial vehicles and tractors, but also jeeps, passenger cars (including Maruti and Contessa), defence vehicles, tanks, armoured personnel carriers, oil engines, cooling towers, forklifts, power tillers, heavy earth moving equipment, machine-tools, railways, etc. Meanwhile, the industrial licence to increase the automotive gear manufacturing capacity to 4,000 tonnes is under advanced stage of implementation. It is expected that the installed capacity would be nearly 4,000 tonnes per annum by August next. The furnace division of the company is now well established and expects to execute orders of the value of Rs 2 crore during the current year. The division is now equipped to take on turnkey jobs of setting up complete heat treatment plants and to manufacture most energy conservation type of furnaces. Its contribution to the profitability of the company is quite significant.

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