A GLOBAL LEADER IN AUTOMOTIVE COMPONENTS
Varroc is a global tier-1 automotive component group. We commenced operations in India with our Polymer business in 1990. We design, manufacture and supply exterior lighting systems, plastic and polymer components, electrical-electronics components, and precision metallic components to passenger car, commercial vehicle, two-wheeler, three-wheeler and off-highway vehicle (“OHV”) OEMs directly worldwide
We are the second largest Indian auto component group (by consolidated revenue for FY 2017) and a leading tier-1 manufacturer and supplier to Indian two-wheeler and three-wheeler OEMs (by consolidated revenue for FY 2017). We are the sixth-largest global exterior automotive lighting manufacturer and one of the top three independent exterior lighting players (by market share in 2016). In FY19, we clocked in revenue in excess of `120 billion. Between FY 2016 and FY 2019, we had a compound annual growth rate (‘CAGR’) of 13.6% in our revenue.
With over 3 decades of relentless commitment to excellence and value-focused performance, Varroc offers the best design solutions that provides its customers a competitive edge in their markets. This has helped Varroc place itself as the most preferred partner with all leading OEMs in the automotive segment across the world.
(Source: CRISIL Research, Yole)
OUR DIGITS OF DILIGENCE
1.8 BNREVENUE IN USD
124thRANK IN FORTUNE INDIA 500 RANKING