consistently been one of our key growth drivers. We have the ability to develop various products and solutions,
to meet their designs and specifications, as well as to cross sell multiple products to and thereby increase our
wallet share with our customers. Our long-standing relationship with our key customers provides us with a
significant advantage to effectively compete with our competitors.

Among the indicators of customer satisfaction and our commitment towards process and product excellence are
the awards and accolades we have received from certain of our customers. We have been consistently recognized
by customers for the high-quality of the products supplied by us. For further details on our recent awards and
accolades, see “— Awards and Recognitions” on page 185.

Extensive manufacturing footprint, with strategically located manufacturing facilities.

  

We own and operate 12 strategically located manufacturing facilities across seven cities in India, with a total built
up area of over 1.5 million sq. ft. Our facilities are equipped with advanced machinery and certain of our facilities
are located close to our key customers to enable meeting our customers’ just-in-time delivery schedules, allow
economies of scale and logistical advantages for our customers, and to insulate them from local supply or other
disruptions. Our in-house engineering and design capabilities allow us to offer comprehensive solutions including
design, process engineering and manufacturing including foundry, heat treatment, fabrication, machining and
assembly to our long standing domestic and international customers.

Two of our facilities, forming our flagship integrated facility, are located at the outskirts of Coimbatore in the
State of Tamil Nadu. We also have two integrated facilities for aluminium pressure die casting, machining and
SPM manufacturing at Bengaluru in the State of Karnataka. Our other manufacturing facilities are satellite
facilities located across automotive and engineering hubs in India and close to our key customers, including three
manufacturing facilities located at Pune in the State of Maharashtra, two manufacturing facilities located at
Ballabgarh near Faridabad in the State of Haryana, and one manufacturing facility each located at Sriperumbudur,
near Chennai in the State of Tamil Nadu, Jamshedpur in the State of Jharkhand, and Pithampur near Indore in the
State of Madhya Pradesh.

 

We have upgraded and continue to modernize, our manufacturing facilities, infrastructure, machines, equipment
and technology to allow us to offer a diverse product suite, reduce operating costs and drive productivity. For the
nine months ended December 31, 2020 and Fiscals 2020, 2019 and 2018, our capital expenditure aggregated to =
507.29 million, = 1,206.01 million, = 4,559.86 million and 2 1,811.24 million, respectively and the Gross Block
was % 22,307.42 million, = 21,855.56 million, = 20,700.44 million and 2 16,284.26 million for the same period.
These upgradations were undertaken to further enhance our machining and manufacturing capacities to meet the
growing demand for our Automotive - Powertrain and Others and Automotive — Aluminium Products from our
customers and to expand into new segments, based on revenue visibility.

We have recently set up a new unit in Pune with high end fully automated equipment from Italian and Swiss
manufacturers. This facility, which commenced operations in 2019, enables us to service the storage solutions
market, catering to customers across India.

Experienced management team supported by motivated and skilled work force.

We benefit significantly from our strong management and technical teams, which include individuals with
specialized training and/or substantial experience. In particular, our Promoter, Chairman and Managing Director,
Srinivasan Ravi, is a mechanical engineer and a first-generation entrepreneur with over 34 years of relevant
industry experience, and strong relationships with several key industry players. He has received various awards,
including “Outstanding Citizen of Coimbatore Award” by Rotary Club of Coimbatore in 2018, “Entrepreneur of
the Year 2015 Award” by Entrepreneurs’ Organization, Coimbatore, “Outstanding Entrepreneur Achiever Award
2012” by Bharathiar School of Management and Entrepreneur Development, Bharathiar University, Coimbatore
and “Best Entrepreneur Award” by Coimbatore Management Association in 2010.

In addition, we have an experienced Board of Directors, comprising Whole-time Directors and Independent
Directors, each with several years of relevant experience. Our senior management has extensive experience
including in operations, business development, quality assurance, customer relationships, finance and human
resource management. Our KMPs include Ravi Gauthamram, our Whole-time Director — Industrial and
Engineering products, who is engaged in building our product strategy in the Industrial and Engineering segment,
C.B. Chandrasekar, our CFO and Thiyagaraj Damodharaswamy, our COO - Automotive.

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