AAIL

Overview

Akar Auto Industries Ltd (AAIL) is an Indian manufacturer of auto components and hand tools. The company was founded in 1989 and is headquartered in Faridabad, Haryana. AAIL has a manufacturing capacity of 30,700 MTPA and its products are supplied to major OEMs domestically and exported to North America, Netherlands, Mexico, Germany, Canada, UK, Nepal, Iran and Bangladesh.

History

AAIL was founded by R.L. Gupta and his family in 1989. The company started out as a small manufacturer of hand tools, but it quickly grew to become a major supplier of auto components. In 1995, AAIL listed on the Bombay Stock Exchange. The company continued to grow in the 2000s and it expanded its product range to include leaf springs and forging components.

How the company operates

AAIL has two manufacturing facilities in Faridabad, Haryana. The company's products are sold through a network of distributors and retailers in India and abroad. AAIL also exports its products to over 20 countries.

The future

AAIL is well-positioned for future growth. The company is benefiting from the growth of the Indian automotive industry and the increasing demand for auto components. AAIL is also expanding its product range and entering new markets.

Conclusion

Akar Auto Industries Ltd is a leading manufacturer of auto components and hand tools in India. The company has a strong track record of growth and it is well-positioned for future success.

Official website

The company's official website is www.akartoolsltd.com: https://www.akartoolsltd.com/.

Milestones

Additional information and interesting facts

Brands and companies