Trade Analytics

Anand Group

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Anand Group

  • 21 Partnerships across the globe
  • 15 Joint ventures
  • 6 Technical collaborations
  • 51 Locations across 11 States in India
  • Turnover of Rs 60 billion (US$ 997.01 million) in 2013
  • Leading automotive supplier in India

Established in 1961, Anand Group has successfully partnered with leading global automotive engineering frontrunners. It operates two business verticals: automotive solutions in India and a chain of luxury hotels – Sujan Luxury Hotels. It is an industry leader in automotive solutions and recorded a sales turnover of Rs 60 billion (US$ 997.01 million) in 2013.

The Group owns 19 companies spread across 51 locations and 11 states of the country. Sujan Luxury Hotels represent the company’s foray into hospitality.

The Group provides the widest range of solutions to the Indian automotive engineering and manufacturing industry. It is among the country's leading manufacturers of automotive systems and components, which makes it the India’s leading Original Equipment Manufacturer (OEM) supplier. It has a solid presence in the Indian Aftermarket with some of its flagship brands being market leaders. Anand Group supplies to every major vehicle and engine manufacturer in the country.

Source: http://www.anandgroupindia.com/businesses/index.aspx

Anand Group: The Power of Partnership

2012 Signs a new Joint Venture (JV) agreement with the Mando Corporation, Korea
2009 Gets into a JV with Takata Corporation of Japan
1993 Sets up a JV with Dana Holding Corporation, USA to form Spicer India Limited
1974 Signs Memorandum of Agreement (MoU) with Dana Corporation, USA for adding a new product line, Piston Rings – Group’s first attempt into a high-tech area
1961 Establishes Gabriel India, first business venture for the manufacture of shock absorbers

Updated: June, 2014

Auto Components
The turnover of India auto components sector is expected to reach US$ 115 billion by FY21.