Federal-Mogul India Applies Aftermarket Thrust

With a target to double the turnover by 2020, Federal Mogul India is betting big on the aftermarket.

- Anirudh Raheja

Showcasing a slew of OE and aftermarket products like Goetze engine valves for heavy commercial vehicles apart from gaskets, pistons, piston rings and liners, spark plugs, wiper blades and steel rings at the Auto Expo 2016, Federal-Mogul India is banking upon the aftermarket to double its turnover in India by 2020. A subsidiary of US-based Federal-Mogul Corporation, the company clocked a turnover of Rs.1,363.16 crore in FY2016. Working towards launching new products in the commercial vehicle segment starting from the third quarter of this fiscal, Federal-Mogul is employing a strategy to get closer to the end customers on the basis of a robust product portfolio to provide an unmatched competitive advantage. “We will be introducing engine valves for HCV segment under the Goetze brand in the third quarter of this fiscal. Focus would be on the aftermarket group,” says Sanjeev Singh, Director - Aftermarket, Federal Mogul India. In the case of engine valves, the company, which sources 95 per cent of the products from India, will bank on a blend of engineering capabilities of Federal-Mogul in India and Thailand as of current. The Thailand facility would thus serve as a base for manufacturing engine valves as well. The introduction of engine valves will follow the launch of engine oils under Federal Mogul’s acclaimed Champion brand for the aftermarket by the end of 2016 according to Singh.