Moving Beyond the Traditional Powertrain

has historically been recognised for its piston, piston-ring and engine-valve businesses. However, the company is now expanding into products that serve a wider range of automotive applications, including internal-combustion, hybrid and electric vehicles. Its business portfolio includes precision injection-moulded plastics, automotive interiors, moulds and tooling, electric motors, controllers and lighting solutions. This diversification is strategically important because it reduces the company’s dependence on conventional engine components and allows it to participate in multiple segments of the evolving automobile industry. The company’s powertrain-agnostic businesses now contribute more than 35% of consolidated revenue, indicating that its transformation is already reflected in the financial mix.