Cooper Corporation, a pioneering company which built India's first diesel engine and a market leader in centrifugal castings, has said that it will be entering the light commercial vehicle segment and has earmarked Rs 300 crore to set up a plant and expand facility in Maharashtra in next 18 months. Furthermore, he company has also started developing commercial vehicles with six different variants in 0.5-1.5 tonnes category.
"We are progressively integrating our capability to produce various kinds of modern engines and components, and the next step is to produce vehicles of our own," Cooper Corporation chairman and Managing Director Farrokh N. Cooper said at the 10th Auto Expo in New Delhi. He added, "We have a manufacturing facility at Satara in Maharashtra and at present we are constructing a vehicle plant in the same area. The capacity of the plant will be 20,000 units per year and the company would double its staff strength from the existing 2,000 people for rolling out the light commercial vehicles."
Cooper Corporation Ltd., has recently announced the launch of India's first Euro IV compliant twin cylinder CRDI diesel engine in technical tie-up with Ricardo, UK. Ricardo is a leading provider of technology, product innovation, engineering solutions and strategic consulting to the world's automotive, transport and energy industries. These engines are available in gas as well as diesel variants with HPs ranging from 26 to 340; the engines would find application worldwide in areas as diverse as gensets, agriculture, construction equipment, marine and automobiles. The company has also launched state-of-the-art new range of compact gensets of 15 to 25 KVA capacity using these same engines.
Speaking on the occasion, Farrokh N. Cooper, said, "We are delighted to present India's first Euro IV compliant twin cylinder CRDI diesel engine as it validates our focus on technology & innovation. Our technology tie-up with Ricardo has added a global-class to these products and we are confident of a great success in market with these."
"We are progressively integrating our capability to produce various kinds of modern engines and components, and the next step is to produce vehicles of our own," Cooper Corporation chairman and Managing Director Farrokh N. Cooper said at the 10th Auto Expo in New Delhi. He added, "We have a manufacturing facility at Satara in Maharashtra and at present we are constructing a vehicle plant in the same area. The capacity of the plant will be 20,000 units per year and the company would double its staff strength from the existing 2,000 people for rolling out the light commercial vehicles."
Cooper Corporation Ltd., has recently announced the launch of India's first Euro IV compliant twin cylinder CRDI diesel engine in technical tie-up with Ricardo, UK. Ricardo is a leading provider of technology, product innovation, engineering solutions and strategic consulting to the world's automotive, transport and energy industries. These engines are available in gas as well as diesel variants with HPs ranging from 26 to 340; the engines would find application worldwide in areas as diverse as gensets, agriculture, construction equipment, marine and automobiles. The company has also launched state-of-the-art new range of compact gensets of 15 to 25 KVA capacity using these same engines.
Speaking on the occasion, Farrokh N. Cooper, said, "We are delighted to present India's first Euro IV compliant twin cylinder CRDI diesel engine as it validates our focus on technology & innovation. Our technology tie-up with Ricardo has added a global-class to these products and we are confident of a great success in market with these."
Commenting on the launch and their tie-up with Cooper Corporation, Markus Doerr, managing director, Ricardo Strategic Consulting said, "It gives us immense pleasure to be present in India with such an experienced company such as Cooper Corporation. They show a strong understanding of technology and an excellence in engineering and manufacturing and we are looking forward to response of Indian market for these products."
The product line-up of Cooper Corporation includes Engines, Automobiles, Cylinder Liners, Cylinder Heads & Cylinder Blocks, Crankshafts, Valve Seat Inserts, Flywheels & Pulleys. It is also one of the leading suppliers of centrifugally cast products which include Cylinder Head Castings, Crank Case, Radiator Tank, Valve Lifter Guide, Adaptor Ring Gear, Pulley Fan, Connecting Rod, Bearing Housing, Cam Bearing and Diaphragm, Cover for Original Equipment Manufacturers (OEMs).
Cooper Corporation's ceaseless commitment to quality, service and product innovation has consistently kept pace with the changing market needs worldwide. The company's rapid strides in the global market bear testimony to this fact. Cooper Corporation's sales have been growing phenomenally with sales rising from Rs. 87 crore in 2005-06 to Rs. 174 crore in 2008-09. The estimated sales for 2009-10 are Rs. 205 crore.
Cooper is a market leader in centrifugal castings and has consistently delivered high quality castings for over 75 years. The Cooper commitment to quality and service is it's driving force since inception and something which has enabled the company to scale new heights. The Cooper Group comprises of three companies, spread across a total built-up area of 6,939.97 square meters. Cooper employs over 1600 people comprising engineers, quality control personnel, workmen and administrative staff recruited from the leading educational and technical institutions following a rigorous induction process that strikes a judicious blend of academic expertise and professional exposure.
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