PRESENTATION AT ANALYST MEET 26 th May, 2004. FY 04 Highlights. Record topline and bottomline growth Initiated steps to expand business platform and lower business risk by - setting up second automotive plant in the South (Chennai)
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26th May, 2004
Results include other income as under (Rs. Lakhs)
Other income 578.33 1485.34
Other income primarily relates to gains on account of foreign exchange (i.e. appreciation of the Indian Rupee).
Vehicle Exports FY 03 -04 82925 against the total of 42600 in FY 02-03
Share of Business
Asahi India is the sole glass
supplier to almost the
entire Indian car business.
Current market share is approximately 91% of automotive glass sales to OEMs.
Building presence in the after market has been a key
element of the strategy to diversify sales. Current market shares is 55% in the automotive glass replacement market in terms of value.
General Motors India Ltd.
Hindustan Motors - Lancer Project
Hyundai Motors India
Mahindra & Mahindra
: Other MPV's
Maruti Udyog Ltd.
: Other MPV's
AIGL (automotive) shop floor performance can be benchmarked to best in
class, covering all parameters.
A key strategic initiative at Asahi India has been in the area of building
“relevant” self sufficiency in technology.
We are fully equipped with CMM, CAD and a CNC Milling station, which provides
self sufficiency in the area of product development. We have, however, gone
beyond this into the area of developing and building glass processing
CNC PRE-PROCESS LINE DEVELOPED BY ASAHI INDIA
2ND AUTOMOTIVE GLASS PLANT
At 31.45 million csqm, production is up by over 37% from 2000-01 (the last year before the coming together of FGI and AIS to form AIGL).
To be India's leading integrated glass company
AUTOMOTIVE GLASS VALUE CHAIN
(Blue cells signify those areas where we are already present, Grey cells
where we are present by way of tie ups, Green cell where set up / launch activities have been initiated and un-shaded cell the areas
which are under consideration for the way forward)
Float Glass manufacture
Value Added Products
: Insulated Glass
ARCHITECTURAL GLASS SOLUTIONS