Setco Automotive, the third largest clutch manufacturer for commercial vehicles in the world, has won two gold awards for the best performing supplier in the ‘Reliability’ and ‘Aftermarket’ categories from its customer, Ashok Leyland.

The awards recognise efforts across the over 500 suppliers in Chennai-based commercial vehicle manufacturer’s ecosystem. Dheeraj Hinduja, chairman, Ashok Leyland and his senior team presented the award at their annual supplier summit held recently in Chennai.

Speaking on the occasion, Harish Sheth, chairman and managing Director, Setco Automotive said, “It is an honour to receive such a prestigious award. We thank Mr Hinduja and the entire Ashok Leyland team for their trust in us and their proactive and catalytic support. These significant awards are a testimony of our teams’ continued efforts and a source of great motivation for the entire Setco family. Our aim is to focus on innovation and bring further reliability and efficiency thus enhancing the customer experience.”

Setco has been a strategic supplier to Ashok Leyland for many decades and has supplied over 200,000 clutches in the last 30 months. The company, which is the largest manufacturer of premium quality ‘Lipe’ brand clutches for commercial vehicles and farm tractors in India, is a Tier 1 supplier of clutches to all the leading CV manufacturers in India.

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Setco Automotive posts Rs 306 crore revenue in H1 FY2019