Multi-product automotive components manufacturer, the Varroc Group was recently given a citation by the chief minister of Maharashtra, Devendra Fadnavis at an event organised by Indian Merchants’ Chamber (IMC) in Mumbai.
On behalf of IMC, the chief minister felicitated and gave away the citation for 'Emerging Manufacturing Giant' to Varroc for carving a special niche in automotive components in the competitive marketplace. Varroc was recognised as an emerging manufacturing giant in Maharashtra and appreciated for its contribution to manufacturing industry.
Commenting on receiving the honour, Tarang Jain, managing director, Varroc Group, said: “It is very encouraging to accept this honor on behalf of Varroc and I want to thank our chief minister Mr Devendra Fadnavis and IMC for appreciating and acknowledging our work in the field of manufacturing. This has only encouraged us to further accelerate our effort for high quality manufacturing and raise the industry standards. Such citations have strengthened the ‘Make in Maharashtra’ and ‘Make in India’ campaigns of the government and the state has attracted the largest investments in the country. With a contribution of 15% to the national GDP, Maharashtra has emerged as a premier industrial state. Varroc has been an integral part of the manufacturing landscape of Maharashtra and will continue to grow and contribute in the future.”
Varroc is an emerging global automotive component manufacturer and supplier of exterior lighting systems, powertrains, electricals, body and chassis parts to leading passenger car and motorcycle segments worldwide. With 35 world-class manufacturing facilities, 11 engineering centres, 10,000 employees and 760 engineering experts in 10 countries, Varroc recorded sales of US$ 1.3 billion in 2015-16.
The company is a leading global passenger car lighting supplier and the market leader in two-wheeler components in India.