Shivam Autotech has reportedly invested Rs 250 crore in its fourth plant. The company will produce auto parts for the four-wheeler industry. The factory has imported new machinery from Germany and Japan to manufacture claw poles.
The facility will cater to the requirements of companies like Bosch and Mando and will make components for alternators, starter motors, electronic steering systems, etc.
The company manufactures and markets Components for the Auto Sector to an Original Equipment Manufacturer (OEM). Its current product offering includes different kinds of Gear Blanks, Spline Shafts, and Finished Gears & Plungers.