Setco Automotive Limited a manufacturer of MHCV clutches and truck products, has successfully exported flywheels and covers to the US market through its subsidiary, Lava Cast. This marks a step in the company’s efforts to expand its international operations and provide products to a diverse customer base.
The shipment includes flywheels designed for key automotive and auto ancillary businesses in the USA and covers aimed at aftermarket distributors and remanufacturers. This export highlights Setco’s interest in meeting the growing demand for automotive components in global markets.
Setco's Lava Cast facility played a significant role in the production of these components. The fully automated production line ensures precision, consistency, and cost-efficiency, which are important for competitiveness in international markets. The focus on quality through innovation reflects Setco’s ability to meet the specific needs of customers in domestic and international markets.
The company sees growth potential in the US market, where exports can yield higher margins than domestic sales. Setco intends to scale up its international operations for clutches, flywheels, and castings via Lava Cast to enhance overall revenue contributions.
Harish Sheth, Chairman and Managing Director of Setco Automotive Ltd., stated that the export shipment reflects the company's efforts over recent years. He added that the Lava Cast products' competitiveness and the potential of export markets offer opportunities for growth. He emphasised that Setco plans to continue expanding its presence in domestic and international markets while focusing on providing quality and innovative solutions to its customers.