The Panalfa group has been successful in forging and nurturing strong partnerships with leading international companies to manufacture diversified high technology auto components and systems in India. The group’s philosophy is to build open and transparent relationships. By foraying into joint ventures with international industry leaders, we have gained valuable expertise in setting up greenfield projects in India that have state-of-the-art facilities and implement global manufacturing processes and quality standards. Technology absorption has been a key focus area in all our ventures, and we have successfully driven product localisation through in-house manufacturing and an efficient supplier network. Panalfa also has a realty division that is developing a commercial and retail project in Gurgaon. As a strategic step, Panalfa exited its auto-component business recently and is now looking to leverage its experience to enter high growth areas in diversified sectors. Panalfa had a cumulative capital deployment of INR 1200 million and a consolidated peak annual turnover of INR 3000 million with 400 employees from its auto-component business.
