Anand Groups' Collaborative Approach

Anand Group allies with FAR and Mazaro for mutual benefit. The two collaborations are expected to be leveraged for innovative and lightweight solutions.

- Deven Lad

Anand Group is not new to alliances having established the first business venture (erstwhile Gabriel India) in alliance with Maremont Corporation for the manufacture of shock absorbers at a facility in Mulund, Mumbai. With over five decades of continued exposure to several such alliances with global companies. According to Sunil Kaul, Group President, Innovation and Technology and Excellence in Manufacturing at Anand Group, the company over the last six decades has formed alliances with leading global automotive companies. Out of the 17 Group companies, 12 companies are joint venture entities including seven technical collaborations in the area of light-weighting and enhancing the efficiency of transmissions or powertrains. In yet another testimony of its collaborative approach, earlier this year the company inked two new partnerships. With a focus on innovative solutions to reduce emissions, the group has allied with the UK based FAR known for its lightweight structural composite materials. The alliance will see the two entities jointly work to lightweight vehicles significantly and help Original Equipment Manufacturers (OEMs) to attain higher levels of fuel efficiency as they strive to offer the lowest Total Cost of Ownership (TCO) in turn to their customers.