Varroc is a global tier-1 automotive component group. We commenced operations in India with our Polymer business in 1990. We design, manufacture and supply exterior lighting systems, plastic and polymer components, electrical-electronics components, and precision metallic components to passenger car, commercial vehicle, two-wheeler, three-wheeler and off-highway vehicle (“OHV”) OEMs directly worldwide.
We are the second largest Indian auto component group (by consolidated revenue for FY 2017) and a leading tier-1 manufacturer and supplier to Indian two-wheeler and three-wheeler OEMs (by consolidated revenue for FY 2017). We are the sixth-largest global exterior automotive lighting manufacturer and one of the top three independent exterior lighting players (by market share in 2016). In FY19, we clocked in revenue in excess of `120 billion. Between FY 2016 and FY 2019, we had a compound annual growth rate (‘CAGR’) of 13.6% in our revenue.
With over 3 decades of relentless commitment to excellence and value-focused performance, Varroc offers the best design solutions that provides its customers a competitive edge in their markets. This has helped Varroc place itself as the most preferred partner with all leading OEMs in the automotive segment across the worlde.
Organised After Market Division started operation in the year 2009. Today AMD division has a sale of 40.5 Million USD (Rs. 300 Cr.) in 2019-20 with a CAGR of 20%. It has a state of the art 120 thousand sq. ft. warehouse from where more than 2000 SKUs of 26 product lines are shipped to 400 distributors across 28 countries.