Hinduja Foundries

Hinduja Foundries Ltd
Public
Industry Foundry
Founded 1959
Headquarters Chennai, India
Products Grey iron, aluminum, SG iron castings
Rs. 5 billion
Number of employees
 2500 (approx)
Parent Hinduja Group
Website

Hinduja Foundries Ltd (HFL) (formerly known as Ennore Foundries Ltd) is a part of the $12 billion Hinduja Group. Hinduja Foundries is India’s largest casting maker. Hinduja has three facilities in Chennai and Hyderabad which put together manufacturer’s 100,000 MT of castings in the form of cylinder blocks, heads, housings, manifolds, brake drums etc., made of aluminum, cast iron and SG iron.

Hinduja Foundries has three plants. The parent company is in Ennore,Chennai, one in Sriperumbudur, and the other in Hyderabad.

History

Hinduja Foundries was established in 1959 as Ennore Foundries. It was named so because it was founded in Ennore, a fishermens hamlet situated app.15 km north of Chennai. Initially promoted by British Leyland, Ennore Foundry began commercial production in 1961. Since then the castings manufactured at its plant has been supplied to automobile industries across India.

Hinduja Foundries was established to cater to the needs of Ashok Leyland and became the largest casting maker in India. Ennore foundries acquired Ductron Castings in Hyderabad and to set up a green field foundry in Sreeperumbudur.

Hinduja is the largest automotive jobbing foundry in India with production capacity of nearly 100,000 MT of grey iron casting and 3000 MT of aluminum gravity die-casting.

Products

Products from Hinduja Foundries range from 10 kg to 300 kg in grey iron and 0.5 to 16.5 kg in aluminum gravity die castings. Product ranges include cylinder blocks, cylinder heads, flywheels, flywheel housings, transmission casings, clutch plates, brake drums, intake manifolds and clutch housings for HCV, LCV and car segments.

Holdings

LRLIH Limited, UK (earlier a part of a British Leyland Group, UK) was acquired by Hindujas and Iveco Limited in 1987. Iveco a part of FIAT Group in Italy.

Hinduja Group was founded by Shri Paramnand Deepchand Hinduja in 1914 at Mumbai. Today Hinduja Group is a conglomerate with a presence in 25 countries and employs over 25,000 personnel worldwide. HG includes Transport, Energy, Information Technology, Agri Business, Project Development, Banking and Finance and Trading.

The company's promoters and their share holding details are LRLIH Limited, UK - 59.09%, Ashok Leyland - 21.01% and Public and Financial Institution - 19.90%.

External links

This article is issued from Wikipedia - version of the Sunday, March 22, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.