Bagla Group announces it’s 150 crore expansion plan

3302 reads

Bagla Group, the 300 crore auto components manufacturing company is on an expansion drive. Mr. R.N. Bagla, Chairman & Managing Director of Bagla Group today announced the opening of their Eighth & Ninth plant of Aurangabad Electricals Limited, one of the companies under the Bagla Group umbrella. Both these plants are situated in Aurangabad. With the opening of these plants the Bagla group is now ready for their 150 crore expansion plan in the group for coming two years. The launch of the plant also marks their foray into the High Tensile Fasteners apart from manufacturing products in Aluminum Die Casting, Wheel Manufacturing & Assembly & Auto Electricals segments.


In February 06, the group had launched the 8th plant, their 3rd factory for Aluminum die casting to cater to the growing demand of automotive global industry. Today the die casting division has 42 fully automatic die casting machines with locking force up to 1600 tons. PDC division consumes 850 tons of Aluminum per month and by end of next year, consumption will reach 1200 tons per month.


Both the new plants have created job opportunities for over 600 people.

The overall market size of the Indian auto components industry is estimated at $ 8.7 billion. Industry production in value terms increased at a compounded annual growth rate (CAGR) of 16.4% during FY1998-2005 & auto component exports from India increased at a CAGR of 22.9% during FY1998-2005. Today the Bagla Group is concentrating on its core competencies of engineering and upgradation of its tool room, which will be able to design and manufacture a new die every day. With this expansion strategy, the group expects to reach Rs.1000 Crores by the year 2010 with 25 % exports.


Ron Kaufman's picture

Why Business Leaders Must Attend Service Training

The most common question we hear when launching service excellence training programs inside large organizations is: “Do leaders really need to attend these workshops?” This raises a different and more important question for senior leaders: Do you
richardbranson's picture

Here’s How to Overcome Embarrassment and Improve Your Self-Confidence

The Fear of Embarrassment IQ Matrix will help you to take control and eventually overcome the feelings of embarrassment you may experience in awkward situations. The article explores what it means to be embarrassed; highlights causes of
jackcanfield's picture

How to Make 2018 Your Best Year Ever

Regardless of how you ring in the New Year (with lively parties and fireworks or cozy celebrations at home), there is a recurring theme at every New Year’s celebration: to the make this year the best year ever. “If you get clear on the what, the how
davecrenshaw's picture

Should you trust your customers?

If you trust your customer to pay you back, will you receive their loyalty plus interest? Well, that’s what I did. No, I didn’t take out a loan or buy a car. I was just getting some chicken. Popeyes fried chicken to be exact. No, this isn’t paid
johnsullivan's picture

Simplify Your Social Media Recruitment By Building Your Own Chatbot

Today, human resource staff focus more on strategizing and satisfying employees’ needs than on administration and recruiting, which were the cornerstones of HR work in a previous era. HR professionals are taking on a much more meaningful role in
Johngreathouse's picture

10 Step Checklist To Rank Your Startup Ideas

A version of this article first appeared in Forbes. Steven Johnson, author of How We Got To Now, analyzes technological breakthroughs, looking for patterns that allow entrepreneurs to identify “How We’ll Get To Tomorrow.” One of the key myths
sethgodin's picture

What do you see?

A better question might be, "what do you choose to see?" If I take four professionals to the Whitney: The architect sees the building, the sight lines, the way the people and the light flow. The framer notices the craftsmanship...   
ramanujamsridhar's picture

What an Idea, Sirji!

It is very difficult to build a brand property which could be a campaign idea, a tune or a tag lineI have an unreasonable liking for Idea, the mobile services brand. And this proclivity has to be understood slightly differently. I used to head the
vsquare's picture

Iceberg Tax: Impact on LTCG will be more than 10 per cent

From: Recommended by: vsquareGives a short perspective on how to save on Long term capital gains tax.By Dhirendra KumarFrom a personal savings and investment perspective, the restoration of long-term capital gains