ANG Industries : Positioned to capitalize on the shift in Road transportation- from Trucks to Trailers

About us

ANG INdustries Ltd.

Annual Report 2010 

http://www.angindustries.com/pdfs/ANG%20AR_9_10.pdf

We are a diversified engineering and manufacturing company with interest in Heavy Structural Fabrication, Tractor Trailers, Specialised Containers and Automotive Components for Heavy Commercial Vehicles. We have been serving the key infrastructure sectors of power, construction and surface transport - roadways and railways. Listed on two leading stock exchanges of India, we have been creating and delivering value to our shareholders.
Our 7 manufacturing and assembly units across northern India are certified for quality and environmental standards with ISO 9001:2000, QS 9000, ISO 14001:2004 and ISO/TS 16949:2002 norms. Our customers include the who’s who of respective segments and are spread across countries in USA, Europe and Asia.

Products:

 

I. HCV Components Division

We offer a wide range of components designed to give greater safety and durability.

Specialization : Our competence lies in the forging,CNC-machining,assembly   and heat treatment.   Scale : We are amongst the largest components manufacturers in India.   Wide Customer Base : We are Tier I and Tier II with over companies in the USA,   Europe,Africa and the Middle East Asia.   Responsiveness : Our responsiveness to new product / application   development, timely delivery, cost optimization and quality optimization is   second to none.

Components & Assemblies
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Brake Pins & Rollers
Brake Shoe
Brake Assembly
Welded Axle
Mechanical Suspension
Air Brake Kits
Automatic Slack Adjuster
Brake S-Camshafts
Fully Dressed Dummy Axle
Manual Slack Adjuster
Landing Gear
Transmission Components

Brake Assembly Features & Benefits   Machined S-Cam Head Superior Grade OEM Brake Lining Heavy Duty Shot Peened Return Spring Anchor Pins & Rollers made from OEM Standard Steel, case carborized as per OEM standards. Improved Cam-Shaft busing material Easy and Quick change shoes Fitted with OEM approved Slack Adjusters SG Iron Brake Spider. Readily available replacement parts.

Welded Axle Features & Benefits   Spindles are welded to Beam by using Friction Welding Technology Absolute Homogeneous Welding of Spindle without any Induslon unlike the Conventional Weld used by Competition Low Inherent Weight of the Axle Beam Combined with High faybad Capacity Forged, Quenched & Tempered Spindles with Induction Hardened Bearings Journals for Optimize Wears and fatigue Axle Beam fs Adapted to Maximize Tyre Life and Reduce Wear Long Lasting Anti Corrosive Paint Application Completely Interchangeable with Indian OEM Easily Available of Spares Thorughout Indfa Badted by Countrywide/Service Network Hardened Brake Shoes webs for Effective Braking Unit Mounted S CAM Brake for High Efficiency `

Mechanical Suspension Features & Benefits   Static Axle Load Equalisation using Equalising Bracket Taper Bushing or Greaseable Powdered Metal Bushing Simple Maintenance Reliable Proven Design Catered for Extended Service life Flexible Link Rod for Proper Alignment to help reduce Tyre Wear Low Chamfer on Springs for Smoother Ride Delivered Ready To Fit ` Capacity Model : 86.1 Single Suspension @ 13 ton 86.1 Tandem Suspension @ 26 ton 86.3 Trl Suspension @ 39 ton 86.4 Quad Suspension @ 52 ton

Air Brake Kits Features & Benefits   Made from OEM Standard Steel, heat treated as per OEM specifications Ensures more life of the components and higher durability. Corrosion-resident coating which meet OEM standards (zinc plated or phosphating option available) Helps in preventing flaking of coating resulting in larger components life & prevents rust formation. Made of high grade 304 Stainless Steel for corrosion resistance (CR Steel as a low cost option also available) Ensure proper Anchor Pin performance and longer bushing life. Shot Peened Springs for higher durability and fatigue life Ensures a longer life and proper operation of the spring & extra fatigue life. Retainers are from oil-tempered Spring wire Prevents sagging of the wire and guarantees assured resilience. Made from high strength Spring Steel Ensures high fatigue life for the Pin Brake Shoe. ANG Auto Kits offer an OEM quality replacement for fleets distributors requiring a standard quality kit for on- highway conditions.

Brake Pins & Rollers Features & Benefits   OEM's Graded Steel. ANG uses OEM's Grade & approved Steel which increase performance of Anchor Pins & Rollers. OEM spec. Heat Treatment (Case Carborised Components) The process gives nigher strength & fatigue life on the components. Precision CNC turned Pins & Roller Ensures close tolerance and concentricity of the Pins as per OEM Standards. Zinc Plated/Phosphated as per OEM Spec Salt spray life ensured on the components.

Brake Shoes Features & Benefits   Hardened Web Ends. The web ends of ANG Automotive Brake Shoes are induction hardened to prevent from wear. Precision Coined Shoe Table's Provides a solid foundation to help prevent cracking of the Brake Lining and improves performance. Automatic Robotic Welding The welds hold the Webs and Shoe table together, providing strength at this critical connection ensuring high life of the shoe.. II. Heavy Steel Fabrication Division Our value chain in this business vertical spans the following:    Structural Design and Engineering    Off-site Fabrication    On-site Fabrication and Erection    Engineering Procurement and Design    Our Primary Focus is on following segments : Heavy Steel Fabrication   India’s rapid economic surge is riding on its infrastructure sector, which has of late been growing in leaps and bounds. The spate of PPP projects that are coming up all over the country is an indicator of the increasing prominence being accorded to infrastructure development. With its long expertise in several core areas of the automotive sector, ANG Industries is well positioned to diversify and strengthen its presence across a long value chain. Our primary focus is on building facilities and delivery capabilities for the following segments: Power plant structures Boiler support structures Prefabricated Building sectors We currently fabricate 1,000 MT of steel per month, and have plans to augment capacity to over 3,500 MT (comprising star beam fabrication, general fabrication, containers and trailers). Our machinery is soon being enhanced to supply 1,500 MT of I-beams per month for L&T Mitsubishi for supercritical boiler support structures. We are already empanelled with BHEL as a preferred supplier of fabricated star beams. We also supply specialized containers to Adani Logistics and Arshiya International, and H-beams to L&T-Mitsubishi. We have strong engineering and design capabilities, and can offer turnkey solutions in E&C services and composite fabrication assignments. We are establishing partnerships with global leaders to gain entry into new business segments through enhanced technology. Technical tie-ups and joint ventures are also being explored with specialized EPC players to bid for projects involving vertical high-rise structures and steel car parking structures. Our value chain in this business vertical spans the following: Structural design and engineering Off-site fabrication On-site fabrication and erection Engineering procurement and design      III. Trailers & Containers Division India's Largest Integrated Trailer Manufacturer    Nationwide Sales and Service Network .    Service on call with pan India coverage    Light-weight design to enable extra payload capacity   " ANG is India's Largest Integrated Trailer and Trailer Assembly Manufacturer"    We pioneered the organised trailer manufacturing in India way back in 2007. ‘ANG Trailer’ became the most preferred brand in no time and also the fastest one to roll out 1000 trailers on Indian roads. Since then, Indian trailer buyers witnessed our numerous value additions and customisation in response to their specific needs. We offer 15 variants including skeletal, flatbed, curtain-sider, Z-type, tip trailer, sideboard, tanker trailer, running gear, car carrier, refrigerated trailers, bulker trailers, etc. Made of high-quality steel, our trailers conform to international CMVR standards. They are fitted with our own world-class undercarriage assemblies such as axles, suspension systems, brake assemblies and landing gears. Being safety-focussed, every trailer is fitted with cattle guards, reflectors, indicators and brake-lights. We are the first trailer brand to offer a nationwide sales and service network, ensuring easy availability of original spare parts at several locations. With our fast-expanding distribution and service points, coupled with our wide-ranging product portfolio, we are setting truly international benchmarks in the Indian trailer segment. IV.Mobile Towers Division Your Trusted Source for Mobile Towers and Turn-key Integration    Mobile towers are the most cost effective way to deploy a wireless structure    Support a way array of Equipment to ensure your network is operational.    Single Carrier Series    Multi Carrier Series

ANG Towerworx : TowerWorx – India is a Joint Venture between ANG Auto Limited Largest manufacturer of Trailers, Trailers Axles and its components, based in New Delhi, India and TowerWorx LLC a manufacturer of mobile towers based in Oklahoma, USA. This company has been formulated to deliver mobile communication towers with latest technology to India, the Middle East and Asia.

Collectively both organizations bring over 50+ years of manufacturing and engineering experience to the global market for mobile towers. Our diverse technical backgrounds enable TowerWorx - India to deliver customized and standard integrated mobile tower solutions to meet the diverse telecom market requirements for our global customers.

Our facilities are centrally located within India and the United States with access to all of the major transportation facilities via truck, train and ship to ensure a timely delivery! Our combined facilities have over 18,000 square meters of manufacturing floor space, large enough to enable TowerWorx - India to deliver large quantity orders and support inventory for quick turn around delivery.

We are committed to deliver quality products and back our products with a one year manufacture’s warranty. TowerWorx India also offers deployment services and short-term leasing of mobile towers

Manufacturing Facilities

Having begun with a single plant in 1991, ANG Industries’s manufacturing capabilities have grown to 6 state-of-the-art manufacturing facilities spread over 900000 sq. ft. area. Deploying the world class machinery and processes, these units are strategically located in the national capital region of Delhi and Uttarakhand.

Sitarganj (Uttarakhand).
ISO 9001:2000 certified.
Installed Capacity: Trailers (3,600 pa), welded structures / columns (30,000 tons pa)

This plant is amongst India’s largest and most modern heavy fabrication and trailer manufacturing facilities. It has six bays of 150m X 20m; 10 overhead gantry cranes; a fully automated H-beam line; plasma cutting machines; submerged arc-welding & 360 0-rotation turntable; seven-nozzle flame-cutting machine with a 16m X 3m bed; a beam-assembling machine; an H-beam hydraulic straightening machine; 180 0 hydraulic turning machines; a face milling machine; a radial drilling machine; EOT cranes; a CNC gantry drilling machine; a shot blasting chamber; a paint booth press shop.

Other Plants

Noida
ISO 9001:2000 certified
Manufactures anchor pin rollers and spindles for RV vehicles.

Greater Noida
ISO 14001:2004 and TS16949 certified.
Manufactures worm gear sets and cylinder blocks
SEZ, Noida
ISO 9001:2000 certified.
Manufactures automatic and manual slack adjusters
Faridabad
ISO 9001:2000 and TS16949 certified.
Manufactures differential spiders.

SEZ NoidaTS16949 certified
Manufactures machined components such as worm gear sets, differential pins, bodies for automatic slack adjusters.

INDIA’S ANG AUTO LIMITED REPRESENTS A DEPENDABLE COMPONENT OUTSOURCING POINT FOR AUTO MAJORS ACROSS THE WORLD.

• Specialised: Our competence lies in the forged, CNC-machined, assembly and heat treatment of automotive components for specialized applications.
  
• Scale: We are one of the largest manufacturers in India of these components used in the manufacture of trailer axles, transmission and air-brake systems.
  
• Competitive: More than 55 per cent of our revenue is derived from exports to quality conscious US and European markets in addition to Australia, Brazil and Mexico, among others.
  
• Customers: Our brand-enhancing customers comprise Tier-I and Tier-II companies across the world like Arvin Meritor (USA), Alliance Corporation (USA), Zenus Starker – BMW (USA) and Bosch Rexroth (UK), among others.
  
• Responsive: Our sampling and prototype development is one of the quickest, helping enhance customer competitiveness in the shortest time
  
• Operational flexibility: Our manufacturing presence across five facilities covers nearly 250,000 sq. ft. across NOIDA and Faridabad,Sitarganj, Uttranchal (both adjacent to New Delhi, India’s capital).
  
• Visible: Our shares are listed on the Mumbai Stock Exchange;Delhi Stock Exchange, National Stock Exchange, Ahemdabad Stock Exchange, our promoters hold close to 45.86 per cent of our equity.
  
  
  

  Vision

  “To be Global leaders in manufacturing of automotive components, assemblies and complete transport solutions by giving cost competitive quality products to the customers.”
  

  Mission

  “ANG’s mission is to provide superior products for the automotive segment and increase its market share through quality, innovation in manufacturing and cost efficiency.”
  
  

  Philosophy and Strategy

  OUR STRATEGIC DIRECTION IS DERIVED FROM OUR 15-YEARS EXPERIENCE IN WORKING WITH GLOBAL BRAND ENHANCING PARTNERS.

  Philosophy

  As a manufacturing company in the automobile industry we stand for a systematic quality management and an open information policy, paying attention to and fulfilling the wishes and needs of our customers.
  Our aim is to continuously increase our company's competitiveness. We want to be a reliable and flexible partner for our customers. Therefore, all employees, whether in the manufacturing sector or in other sectors of the company are trained to meet all quality standards of our company in their scopes of duties.
  In order for us to meet these requirements, we built up an extensive quality management system. It fulfils the requirements of the international norm ISO 9001:2000 and the requirements of ISO/TS 16949:2002 and is integrated and in use company wide.
  We are an organisation inspired by enterprise, fuelled by dynamism and distinguished by service. As a automotive components manufacturer to some of the best known brands Globally & in Domestic Market, we aim for complete customer satisfaction through quality, reliability and time-bound performance. As a dynamic, well-integrated company, we believe in keeping one step ahead of the times.
  

  Strategy

• Create a de-risked business model through a combination of scale and product variety
  
• Product variety to be widened through continuous improvement & innovation
  
• This innovation to reflect in cost reduction and an increasing production of value-added products
  
• Both these initiatives to reflect in enhanced margins and profits
  
• The profits to be aggressively reinvested in scale and product variety leading to sustainable growth
• 
  

  Competitive edge

  WHERE WE SCORE OVER OTHER PLAYERS IN THE INDIAN AUTO COMPONENTS SECTOR

  At ANG Auto, our competitive edge is derived from the following:

• Values: The highest ethical and professional standards
  
• Knowledge: Most specialized product insight within the niche; ability to absorb manufacturing technologies with speed; ability to absorb customer standards for general benefit; motivated team of around 50
  
• Mind-to-market: Short tenure makes it possible for business partners to seize the first-mover supply advantage
  
• Reference: Collaborative working with some of the largest names across a decade
  
• Scale: Globally benchmarked operational capacity; higher than competition
  
• Quality / efficiency: Derived from cutting-edge technology, training and progressive shopfloor practices
  
• Logistics: Timely product delivery to the customer’s shopfloor ensuring an uninterrupted operation at all times
  
• Balance sheet: Very Low debt and rising cash flow every quarter

Our history

OUR BUSINESS CONSOLIDATION WAS UNDERTAKEN TO TRANSFORM US INTO ONE OF INDIA’S FASTEST GROWING AUTO COMPONENT MANUFACTURERS

Growth of the ANG group over the last decade

• ANG Exports (erstwhile flagship company) was engaged only in the manufacture of air-brake components.
  
• Widened the product portfolio through privately held group companies (unlisted) like ANG Auto Pvt. Ltd. and ANG Automotive Industries Pvt. Ltd.
  
• In 2005, the ANG management consolidated  these group companies to create ANG Auto Limited.
  
• This consolidation is expected to accelerate growth and enhance stakeholder confidence
  
• The consolidated company expects to strengthen its position as the leading multi-product manufacturer-exporter of automobile components to developed country OEMs.

  ANG Auto : Growth Milestones :   http://www.angauto.com/milestones.htm  

 FY02 to FY02 Results Highlights:     http://www.angauto.com/5yearhighlights.htm

INFRASTRUCTURE

Infrastructure

OUR FOCUS ON ACHIEVING LEADERSHIP HAS HELPED US TO CREATE THE LARGEST CAPACITIES IN THE INDIAN INDUSTRY.

Facilities

We have grown from one plant in 1991 to five (250,000 square ft.) in proximity to India’s leading automobile hub.

Noida: Original plant

Greater Noida: Enjoys the coveted TS16949 certification

SEZ, Noida: Dedicated to the assembly of automatic slack adjusters

Nalagarh (H.P.): Commissioned to manufacture fully dressed single piece dummy axles and trailer suspension systems

Faridabad: Commissioned to manufacture spiders

Sixth facility: Proposed facility in NOIDA SEZ to manufacture machined components.

Seventh facility: Commissioned to manufacture Trailers Project located at Sitarganj, Uttranchal.

Equipment

Our equipment selection has been prudently made around the following considerations:

Flexibility: Versatile enough to manufacture the entire family within a specified product.

Volume driven: Scaled appropriately to emerge among the top two manufacturers of every product segment of our presence in India.

Sustainable: Selected to protect us from technology obsolescence.

State-of-the-art: Best-in-class, helping us manufacture complex products. Comprises CNC machining centers, vertical machining centers, gear hobbing machines, facing and centering machines, cylindrical grinding machines, centerless grinders, milling machines, worm thread rolling machines, spline rolling machines, drilling machines, band saws and horizontal and vertical broaching machines. Invested in in-house heat treatment (induction hardening, gas garborising, salt baths with carborising, hardening, austempering and normalizing facility). 

Alliance

THE MANUFACTURER OF TECHNOLOGICALLY SUPERIOR PRODUCTS REPRESENTS OUR PRINCIPAL COMPETITIVE EDGE

Collaboration with TowerWorx LLC, Largest Mobile Tower Manufacturer,USA

• TowerWorx - India is a Joint venture between ANG Auto and TowerWorx , formulated to deliver mobile communication towers with latest technology.
  
• Alliance will enable us to meet the diverse telecom market requirements for our global customers.
  
• Agreement enables us to market these Mobile Towers to India, the Middle East and Asia.
  
• Proposed to provide COW on Lease Rentals in the near future.

Quality

OUR QUALITY OBSESSION HAS EVOLVED US INTO A PREFERRED SUPPLIER FOR TIER-1 AND TIER-2 OEMs IN USA AND EUROPE.

Our quality policy: “We, at ANG Group strive to manufacture and deliver quality automotive components and assemblies related to air brake, axels and transmissions efficiently in a professional, flexible and safe working environment on time and at the right cost to our customers, while driving to become a world-class organization by continual improvements of the process through established quality management systems and quality objectives by the following:

C- Customer Satisfaction

A -Alignment of our Missions, Goals &

R -Responsibility and Respect for our job and each other

E -Educating one another”

Quality objectives

• Continuous improvement in productivity and cost reduction through improved processes
  
• ZERO defect culture reflected in minimized rejection / rework by producing the right quality at the first time
  
• Continuously upgraded technology
  
• Total employee involvement

Quality process

• Institutionalized a number of international processes and practices
  
• Commitment to analyse each operation at the drawing board even before the commencement of manufacture
  
• Use of techniques like the Failure Mode and Effect Analysis, 8-D Mechanics, Pareto Analysis and the Fish Bone Technique for in-process improvement

Plant location	Quality certifications	Issuing authority	Year of receipt
NOIDA	Already Sent
Greater NOIDA	Already Sent
NOIDA (SEZ)	Already Sent
Faridabad	Already Sent
Nalagarh	Already Sent

Customer service

ANG AUTO IS POSITIONING ITSELF AS A BUSINESS PARTNER THAT IS AN INTEGRAL PART OF THE BUSINESS PLAN OF ITS CUSTOMER.

ANG enjoys the reputation of being a preferred outsourcing partner for automobile OEMs world over for the following reasons:

• A longstanding business relationship with demanding international automobile clients
  
• An unambiguous understanding of client requirements
  
• Among the shortest product development cycles (2 weeks against the industry benchmark of 6 weeks)
  
• Adherence to commitments without a single delay for the last 5 years
  
• One of the most competitive cost structures in the industry

The ANG customer-relationship model

HOW ANG AUTO HAS EMERGED A COMPANY CUSTOMERS CAN TRUST

• Provides samples and a detailed process document to the client for approval
  
• Invests in state-of-the-technology for enhanced speed and efficiency
  
• Delivers a zero-PPM quality at the client site through internationally accepted processes
  
• Associated with one of the largest US warehousing chains to deliver products ‘just-in-time’ to customer assembly lines
  
• Appoints local agents to interact with our global clients
  
• Periodically visits client premises to strengthen customer relationships
  
• Periodically invites clients for plant and process audits
  
• Expand capacity and improves process leading to its own and client’s competitiveness 
  
  

  Products: http://www.angauto.com/product.htm ANG’S PRODUCT PORTFOLIO ACCOUNTS FOR A LITTLE LESS THAN A THIRD OF THE INDUSTRY’S PRODUCT BASKET . ANG Auto is engaged in the manufacture and / or export of the following automobile components... Fully dressed dummy axles Suspension systems Landing gear Automatic and manual Slack Adjusters Brake assemblies and components Spiders Worm and gear sets Other products include S-cam shafts and CNC machined components We are one of the largest manufacturer and exporter of these products in Southeast Asia Fully dressed dummy axles Pioneers in introducing the product into India. Our axles are made of high strength alloy steel seamless tube compared to current conventional axle; have no joints as against the welding done in the conventional axles. We are the only manufacturer to offer a lifetime warranty for our axle beam. Customised the imported technology to Indian conditions and Telco and Ashok Leyland applications. Offer multiple track lengths as against standard track lengths offered by other companies to cater to a larger section of the commercial vehicles’ sector. Suspension systems Marketed under the ANG-Fuwa brand Technology from Fuwa, China Logical extension of product vertical towards trailer assembly Planning to manufacture at our Sitarganj Plant in Uttranchal. Heavier and stronger compared to available Suspensions at the market place. Use of OEM standard high strength steel Landing gear Marketed under the ANG-Fuwa brand Being manufactured later when the volume picks up Maintenance free Wider Cross Section to take Extra Load. Adheres to international quality benchmarks namely TTMA, AAR and German safety regulations for commercial vehicles Maintenance free feature with grease packed jack screw Slack adjusters Slack adjusters will drive growth at ANG over the foreseeable future. The company manufactures manual and automatic slack adjusters; the latter is largely exported. By October 2006, Indian commercial vehicles will have to mandatorily utilize automatic slack adjusters, creating a potential three-fold increase in demand to 1,20,000 pieces per month. Developed an indigenous version of the automatic slack adjuster in contrast to the commonly used Clearance Sensing Principle practiced by competitors, enhancing product life. Filed for a US patent for our product. In addition, our automatic slack adjusters have been tested and validated by Greening Labs in the US, as per SAE 1462 and SAE 1512, which is an NHSTA approved lab We are expanding our existing production capacity by about 50%, expected to be operational by October 2006. Brake assemblies Marketed under the ANG brand Manufacturing in peak volume will be 2,50,000 per annum. Manufactured in two formats to suit the Tata and Ashok Leyland vehicles Features include machined S-Cam head, superior grade brake lining Fitted with OEM approved slack adjusters Critical components fitted namely the anchor pin and roller made from OEM standard steel and manufactured as per international standards Brake Shoe Web ends of the brake shoes are induction hardened to reduce wear and tear, improving the product life Weld holds the webs and shoe table together, providing strength at this critical connection ensuring high life of the shoe. Provides a solid foundation to help prevent cracking of the brake lining, improving performance Brake components We are a prominent manufacturer of air brake components (anchor pins, rollers and axle spindles) in India. These products require accuracy and are critical to the brake assembly process perfection. Spiders Largest manufacturer of this product in India and among the few to manufacture the entire range of products within this family of auto components. Critical cross-section that connects the rim of the wheel to the vehicle. Worm and gear sets Leading manufacturer of worm and gear sets used in automatic stack adjusters. Represents the heart of the automatic slack adjuster; requires a special grade of steel. Products marketed to OEMs in developed economies. Scam Shaft Machined Cam Heads Ensures greater accuracy as compared to the forged unit. Induction Hardened 'S' Heads ensures longer life and higher fatigue life of the CAM Shaft. CNC Precision Turned & Ground Journals Ensure close tolerance diameter and shaft concentricity. Shaft Splines-Rolled/Hobbed & Induction Hardened Machined/hobbed Shaft Splines; induction hardened for added strength and durability which prevent accelerated wear and premature failure. OEM grade steel used as per SAE, DIN, JIS Standards Prolonged life of the S-cam & high fatigue life. Moving up Value chain ANG AUTO IS PROACTIVELY POSITIONED TO CAPITALISE ON THE SHIFT IN ROAD TRANSPORTATION – FROM TRUCKS TO TRAILERS. Enhancing value We are climbing the value chain from components to sub-assemblies to assemblies in two critical auto-component families with the objective to achieve a first mover’s advantage when road transportation evolves from trucks to trailers.    http://www.angauto.com/movingupvaluechain.htm strategy ANG AUTO HAS DARED TO REVERSE ITS INDUSTRY PRACTICE - BY FIRST ESTABLISHING CREDIBILITY IN THE INTERNATIONAL MARKETS FOLLOWED BY A GROWING PRESENCE WITHIN INDIA. Since inception, ANG Auto has focused on the global markets with the following advantage: Technology: Enabled us to absorb international technologies ahead of competition Best practices: Enabled us to adopt global best practices across manufacturing, quality and customer service. Established outsourcing model: Enabled us to strengthen our global delivery model leading to an established reputation. Stronger positioning: Our developed market experience prepares us better when similar market conditions emerge in India, resulting in a first-mover’s advantage. clients MORE THAN 90% OF ANG’S REVENUE IS DERIVED FROM EXPORTS TO DEVELOPED ECONOMIES. Our products are marketed primarily to major OEM manufacturers in the USA and Europe. Some of our clients include: Arvin Meritor: US$ 8 bn global auto component vendor to car majors in US, Italy, Sweden and Mexico. American Axle:USA AAM is a world leader in the design, engineering, testing, validation and manufacturing of driveline, drivetrain and chassis systems, related components, and metal formed products for light trucks and buses, sport utility vehicles, crossover vehicles, and passenger cars. Axle Alliance Corp., USA: Wholly owned subsidiary of Daimler Chrysler engaged in the business of supplying axle systems for commercial trucks in US Dexter Axle, USA: Axle industry leader and premier supplier of running gear and components to the trailer industry, with eight manufacturing facilities, international distribution network and over 1700 employees Mack Trucks (Arvin Meritor), USA: Founded in 1900, Mack Trucks, Inc. is one of North America's largest producers of heavy-duty trucks. MACK ?trucks are sold and serviced in more than 45 countries through a worldwide network of more than 670 sales, parts and service centers. As a Volvo Group company, Mack is committed to the core values of safety, quality and care for the environment. Mack is the primary sponsor of the American Trucking Associations’ “Share The Road” national safety education initiative. All Mack manufacturingand development locations are certified under ISO 14001, the international standard for environmental management. Bosch Rexroth Limited, UK: Wholly owned subsidiary of Bosch Rexroth AG, possessing a unique range of technologies required for driving, controlling and moving. Eaton Automotives,POLAND : Eaton is a global technology leader in electrical components and systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety. Triangle Suspension System Inc., USA: Synonymous with steel leaf springs, a premier aftermarket supplier of steel and air springs and suspension components to the aftermarkets in medium and heavy commercial vehicles. Dayton Parts LLC: Dayton Parts, LLC is the most comprehensive manufacturer and distributor of undercarriage replacement products for the heavy-duty aftermarket in the United States. Tata Motora Limited, India: India's largest automobile company, and the leader in commercial vehicles in each segment, and among the top three in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments. The company is the world's fourth largest truck manufacturer, and the world's second largest bus manufacturer. Arshiya International Ltd., India: A flagship company of the Arshiya Group. The company has multinational operations in the logistics and supply chain management space. Linfox Logistics, Australia: supply chain solutions throughout the Asia Pacific region. Ashok Leyland, India: Technology leader in India's commercial vehicle industry for over five decades. Its buses carry more people than the entire Indian rail network (the second largest in the world). Annual reports 2004-2009 http://www.angauto.com/annulreports.htm http://www.angindustries.com/annualreports.htm