Cesena Forli Florence Milan Modena Ravenna Turin Udine Venice Vicenza BUSINESS PROFILE Company Name Solo Manufacturing Pvt. Ltd. Delegate Name: Mr. Sandeep Kishore Jain Designation: Managing Director Sector Representation Automotive Market Opportunities With India’s proven product development capabilities, export potential, high quality standards (most are QS and ISO certified with 12 Indian companies winning the Deming prize), stable economic policies and above all its competitive manufacturing costs, Indian auto component manufacturers have a lot to offer. Indian companies are not only looking at Italian partners to import alone, but also looking to partner them in Indian markets as well. The Italian contributions in this sector would come in the form of technology and automation transfers. Indian companies in the past have had pure Import – Export relations, but with the growth of the Indian Auto Component Manufacturing / Engineering Sector, its high quality standards, more and more Italian companies can look at Joint Ventures –long term partnerships and collaborations, which Indian companies perceive as an important point of entry into the large and growing domestic Indian market at about 10% CAGR. The possibilities for Indian and Italian companies in either market are huge and a lot can be gained for both teams through such international partnerships. The Indo-Italian Chamber of Commerce and Industry 502 Bengal Chemicals Compound, Veer Savarkar Marg, Prabhadevi Mumbai -400025 / Tel: +91.22.24368186; Fax: +91.22.24382716/2438191 Contact in Italy: Mr. Pavan Joseph, Tel: + Interesse di Affari con l'ITALIA Solo vorrebbe legare contatti con i seguenti tipi di aziende italiane: Fornitori di II° Grado per l'Inustria Automobilistica Altri produttori di veicoli & apparecchiature, come quelli usati nell'Agricoltura o l'Edilizia o per movimento del terreno Aziende che mirano a parti di Alluminio Lavorato CNC , da fabbricare ed importare dell'India (come produttori di fornitura hardware ad alta rifinitura) Le Manifatture Solo possono contribuire nel modo seguente: Ditte italiane che cercano di rifornire il mercato indiano. L'80% del nostro giro di affari è interno (in India) con i costruttori di Automobili Global, e possiamo aiutare il mercato italiano a scoprire i loro prodotti. La cooperazione con aziende italiane che hanno bisogno di abbassare i loro costi di fabbricazione tramite la delocalizzazione in India. Business Interest with ITALY Solo would like to meet with the following types of Italian companies: Tier II Suppliers to Auto Industry Other vehicles & equipments manufacturers, such as those used in Farming or Construction or earth moving Companies looking at CNC Machined parts of Aluminium, to be manufactured and imported from India (such as high end furniture hardware manufacturers) Solo Manufacturing can contribute in the following way: Italian companies looking to supply to the Indian market. 80% of our business is domestic (in India) with Global Auto makers and we can help / market Italian products to them. Cooperation with companies who need to lower their costs of manufacturing by outsourcing from India. Company Background SOLO was born when Nirmal K. Jain, a veteran of over 10 years In Aluminium Pressure Die Casting and Sandeep K. Jain a young entrepreneur & graduate of The Indian Institute of Technology with a B.Tech in Mechanical Engineering, decided to join hands to start a State of the Art Precision Machining Facility in 1991. A humble beginning was made with a paid up capital of INR 0.5 Million and an institutional loan of INR 2 Million. And ONE CNC Lathe. The operations started within the same premises as the Pressure Die Casting unit in New Delhi. Ever since SOLO has grown to 4 companies, 3 Plants in Gurgaon and 28 CNC machines covering Turning, Machining and Grinding and a team of over 120 dedicated personnel. We are manufacturers and exporters of CNC machined parts and precision machined parts. The Indo-Italian Chamber of Commerce and Industry 502 Bengal Chemicals Compound, Veer Savarkar Marg, Prabhadevi Mumbai -400025 / Tel: +91.22.24368186; Fax: +91.22.24382716/2438191 Contact in Italy: Mr. Pavan Joseph, Tel: + The 1st CNC Machine came tooled up for PLUG PINION BEARING, a machined pressure Die Cast Component of M/s Sona Koyo Steering Systems Ltd. - The largest Steering systems manufacturer in India. This combination of Pressure Die casting and Precision Machining was the synergy that Sona was looking for. Till date Solo is the sole supplier of this component. In fact, SOLO is the sole supplier for all their current components to Sona, with a Value Addition of over INR 76 Million and Turnover of INR 200 Million. A reason for the above is that SOLO believes in total satisfaction of customer to be of prime importance in building a successful business, mutually dependable relationship and everlasting faith. We therefore, incessantly strive to provide our customers topmost quality, and ultimately, the highest level of customer satisfaction. A natural evolution of this thought process has been that SOLO was awarded the much accredited ISO/TS 16949:2002 certificate in March 2005.