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Caparo is expanding its ability to design, manufacture and
supply a wide range of automotive technologies and metal
components in India
Global technology firm Caparo, founded by NRI (Non Resident Indian) businessman Lord Swraj Paul, will exhibit at Auto Expo (New Delhi, January 10 - 17) for the first time this year. Led by Hon Angad Paul (CEO), the company intends to be India’s largest automotive technology supplier by 2009. Caparo will also show its breathtaking hypercar, the T1, which uses a mix of Formula 1 and road-car technology to create the ultimate track-biased production car.
“This is an important year for Auto Expo, with its new Organisation Internationale des
Constructeurs d’Automobiles (OICA) accreditation, and for Caparo,” says Caparo chief executive officer Angad Paul. “The Group already has 22 sites and more
than 2,000 direct employees in India, with a further nine sites planned. This year we are announcing plans to continue our rapid growth in the country, with particular emphasis on supporting India’s thriving automotive sector.”
Caparo’s development in India began in 1994 with a joint venture with India’s largest car manufacturer, Maruti Udyog, and has
continued with several new wholly-owned ventures. The company’s automotive business, Caparo Vehicle Products, has considerable expertise in forming light-weight metal products (including stamping, forging, machining and aluminium castings), in fasteners and high-precision tubing, as well as in systems and module
 
integration, carbon composite structures and high-performance braking systems.
“We have a deep and growing capability in vehicle technologies, supported by local design and manufacturing facilities,” says Paul. “Our world-class products and expertise can be used to help deliver sophisticated, globally competitive vehicles, or to create low-cost vehicles that most people can afford. With our new Caparo Vehicle Products business coordinating the entire resources of Caparo worldwide to benefit the automotive industry, we are perfectly positioned to support this exciting period of rapid development in the Indian auto industry.”
Global sales for Caparo Group reached US$1.5 billion in 2006 and are expected to reach US$ 2 billion by 2010. A cornerstone of this success will be growth in India. “This is a great nation with a huge number of highly talented, highly educated people. We are tapping into this extraordinary resource to help deliver something very special for companies manufacturing here,” explains Paul.
“Caparo can help vehicle manufacturers add value in numerous ways, for example by helping them design lighter, more fuel efficient, safer and cheaper custom built products that will be more attractive to customers. It’s a strategy that has already made us the only company to supply every company manufacturing vehicles in India.”
For more information about Caparo, visit www.caparo.com
 
 
 
 
 
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