Western Thomson Group Corporate Presentation www.westernthomsonindia.com Group Highlights • We are India’s largest producer of Automotive Thermostats and Temperature Sensors • A specialised International Auto-Components group established since 1967 • We have International Technical Partners and Shareholders • Maruti Suzuki India Limited (MSIL) is a shareholder in one of our Companies • Thermostat is a Critical Functional part in the vehicle ( Engine Management System ) • First Company in India to produce Thrust Bearings for Turbo Chargers • Two of our Companies are profiled in the Top 500 Automotive SMEs in India by Dun & Bradstreet • Although privately owned we hold a CRISIL (S&P) Rating (BBB rating for WTI) • Privately owned and Professionally managed (Quick decision making) Group Product Range Thermostat Sensor Water Temperature Thermostat Housing Thermostat Thermostat- Aluminum Housing Thermostat Thermostat-Plastic Housing Thermostat Thrust Bearing for Turbo - chargers Pressure Relief Valve Thermostat-Brass Housing Thermostats Variants Current Group Market Position in Thermostats & Thrust Bearings • Thermostats – Indian market share • Overall – Passenger Cars – Utility Vehicles – Commercial Vehicle – Tractor – Motorbike (Water cooled) • 75% + 70% 70% 90% 100% 60%+ Key overseas market share – World Tractor OEM market share – Australia After market – Malaysia OEM–Passenger Car 25% + 10% + 25% + • Thrust Bearings – India Market share 50% + Corporate Holding Structure Western Thomson Group PTE, Singapore 100% owned by Chidambaram Family RAC Western Thomson (India) Limited Nippon Thermostat (India) Limited Precialp Precision India Pvt Ltd Technical Affliation with BTTI, FBC Joint venture with NTCL Japan and Maruti Suzuki India Joint venture with Precialp France Riviera Auto Components Pvt Ltd Group Details • Established in 1967, by late Mr V.Chidambaram (1942 – 2002) • Group Sales: 25m US$ • Total Employees: 260 ( Staff 72, Workmen 188 ) • Product Range: • • • • • • • • Automotive Thermostats Thermostat Module Assembly (Plastic, Aluminium) Thermostats for two Wheeler applications Single & Dual Sensors Oil Pressure Relief valve Thrust Bearings Journal Bearings Total number of Group customers: 65 • • • • Domestic OEM Overseas OEM Overseas Aftermarket: Tier 1 - 32 - 7 - 19 - 7 Group Sales Profile Group Sales - Segment Wise TOTAL Passenger Car 3% 13% 6% Commercial Vehicle 12% Tractor DOMESTIC EXPORT 23% 87% 56% After Market Others Our Locations UK, London New Delhi Sales Office Singapore Pune Sales Office Pondicherry WTI Plant 2 CTRI Test Centre Chennai Head Office WTI Plant NTI Plant PPI Plant RAC Plant Western Thomson (India) Limited Precialp Precision (India) Pvt Ltd Nippon Thermostat (India) Limited Western Thomson (India) Limited - Plant II International Office - UK Singapore Office Head Office - Chennai Global Partners CEC - Korea Fuji Bellows Co. Ltd Japan Nippon Thermostat Japan Behr Thermotronik Italia Precialp - France Key Customers Domestic Ashok Leyland Limited Cummins India Limited Fiat India Private Limited Ford India Private Limited Indian Defence Vehicle Factory John Deere Mahindra Navistar Engine Pvt Ltd Daimler India Commercial Vehicles Pvt Ltd Bajaj Auto Limited Harley-Davidson Motor Company Volvo Eicher Commercial Vehicles International Tractors Limited Toyota Kirloskar Auto Parts Pvt Ltd Mahindra & Mahindra Limited Maruti Suzuki India Limited New Holland Fiat (India) Limited Suzuki Power Train India Limited Swaraj Mazda Simpson & Company Limited Same Greaves Limited TATA Motors Limited TATA Cummins Limited TVS Motor Company Limited Turbo Energy Limited Honeywell Turbo Technologies (India) Pvt Ltd India Yamaha Motors Pvt Ltd Key Customers Export O.E.M Case New Holland Cummins John Deere Deutz AG Proton Kubota Volvo Triumph Motorcycles Honeywell IVECO After Market - UK - UK, US - France - Germany - Malaysia - Japan - France - Thailand - Korea, China - Latin America Maxi Force Ingersoll Rand Mark IV Automotive Nippon Thermostat Co Ltd Precialp Gates TVH - USA - USA - Australia - Japan - France - Belgium - Belgium Group Management Team Mr. S.Subramanian Director of the Board & Group CEO. Previously Business Head with JBM Group company, Unit Head at Motherson Automotive Technologies. As Head of Production and Industrial Engineering in Siemens VDO. Masters in Management from Poona University and Graduate in Engineering from Regional Engineering College (now known as NIT), Tiruchirappalli. Mr. Venkat Chidambaram Director of the Board Previously was Senior Investment Manager at Towry Investment Management, UK. Deputy CIO at TFO Management LLP 1994 - 2005: Investment Director at GAM, division of UBS. MBA from Cass Business School (City Univ.), London and BBA from American Intercontinental Univ., London. Group Management Team Mr. T.Govindarajan Group – Executive Director Previously was Head of Customer Support Development at Western Thomson India Head of R&D with India Radiators Limited and Head of Oil Cooler Division M.Sc Degree in Chemistry from the American College in Madurai. Mr. K.V.Ramanan General Manager - Group Quality Previously Senior Manager Production Engineering in Wheels India Limited. Previously with Caterpillar India and Turbo Energy Limited (associated with Borg Warner). Certified Six Sigma Master Black Belt. ME (Production Engineering) from GCT,Coimbatore and MBA (General Management) from Bharathiar University. Group Management Team Mr. S.Senthilkumaran General Manager – Operations in Precialp Precision India Ltd Previously Chief Manager- Quality–Reliance Wind Power Division Experienced in Tooling ,Heavy Engineering ,Fabrication and Machining parts MBA (Technology Management) and Graduate in Engineering from College of Engineering,Anna University Profile of the Companies in the Group Western Thomson India (WTI) • Established in 1967 • Technical Agreement and Partnership with Behr Thermotronik Italia (affiliate of Behr Thermotronik Germany). • Long term association with Fuji Bellows (FBC) • Products: – Thermostats – Thermostat Module assemblies (Plastics, Aluminium) – Oil Pressure Relief valve • Quality certification – ISO / TS 16949 • EMS certification • Profiled by D & B in Top 500 Automotive SMEs in India (DUNS number 91-536-1281) • Exports account for 18% of Sales • Key Customers – Suzuki Powertrain, TATA Motors, Tata Cummins, Fiat India, Ford India – Kubota Japan, Deutz Germany, John Deere - France, Proton – Malaysia - ISO 14001:2004 WTI Product Range Thermostat Housing Thermostat-Plastic Housing Pressure relief Valve Thermostat Thermostat Thermostat Thermostat- Aluminium Housing Thermostat Integrated Thermostat Module Bajaj – Housing Assy SPILEuro V Assy Volvo – MDEP Engine Volvo – MDEP Engine TML – Plastic Housing Assy FGP – Housing Assy Module Assembly Capabilities FIAT DIESEL (SDE) ASSY LINE AUTOMATED ELEMENT ASSY MACHINE FIAT PETROL (FIRE) ASSY LINE AUTOMATED ELEMENT CALIBRATION MACHINE CMM DRY AIR LEAK TESTING MACHINE Research & Development • Our R&D team includes A team of 10 Design engineers, with one consultant based in the UK Partnership with Sri Venkateshwara College of Engineering (SVCE) for a variety of services including FMEA and other Software's and Engine test beds • Facilities In-house Autocad-2004,Solid Edge V20 SVCE partnership Ansys software New Product Development Harley Davidson DRCV TML Plastic Housing Bajaj Auto Nippon Thermostat India (NTI) • Established in 1994 • Products: – Thermostats – Dual Sensor – Single Sensor – Thermostat and Sensors for motorbikes • International Collaborator – NTCL Japan, Maruti Suzuki has a 10% shareholding • Profiled by Dun & Bradstreet in Top 500 Automotive SMEs in India (DUNS number 91-848-0141) • Quality certification – ISO / TS 16949 • Key Customers – Maruti Suzuki India Ltd, Swaraj Mazda, NTC Japan (buy back), TVS Motors – Pipeline includes Honda India and Honda Thailand (Motorbikes) NTI Product Range Thermostat Thermostat Thermostat Thermostat Sensor Water Temperature Sensor Water Temperature Facilities Testing Lab Sensor Inspection - Resistance checking Case Cold Forging CNC Air Leak Tester Precialp Precision India (PPI) • Established in 2006 • Products: – Thrust Bearings • From Forged Blanks • From Stamping • International Collaborator – Precialp France • Key Customers – Turbo Energy Ltd (TEL), Borg Warner/TVS Group JV company – Honeywell India (HTT) – HTT Korea – HTT China PPI Product Range Thrust Bearing for Turbo - chargers Facilities Drilling Machine Washing Machine Grinding Machine Riviera Auto Components (RAC) Established in 1985 Manufacturer of pressed parts and thermostat metal housings Aftermarket distributor of Thermostats in India CT Research Institute (CTRI) Established in 2005 as a non-profit organization Formed by the Chidambaram family / Trusts Partnership with Sri Venkateshwara University (SVCE) for Training and Research Activities CTRI conducts Strategic long term product development & testing activities, joint program with SVCE Group Training activities In house and external courses conducted in Six Sigma, FMEA, RCA etc Group Quality, Training & HR • CTRI the group training wing is responsible for all in-house and external activities. • CTRI conducts an annual quality competition within the group with entire group divided into sub-zone. • CTRI conducts social and sporting events. • In-house news letter is published every quarter. • Sporting events are conducted on quarterly basis. • CTRI has affiliation with Sri Venkateshwara College of Engineering (SVCE) Chennai for various training activities. Thank You RAC www.westernthomsonindia.com sales@westernthomsonindia.com