### **Overview** Omax Autos Limited is a leading Indian manufacturer of automotive and industrial components, specializing in **sheet metal, tubular, and machined components**. Headquartered in Gurgaon, Haryana, the company serves major industry segments including **commercial vehicles (CV), railways, metro systems, and heavy fabrication**. With over three decades of presence in the auto components sector, Omax positions itself as a Tier I OEM supplier and a technology-driven engineering solutions provider. The company has successfully transitioned from a traditional "built-to-print" manufacturer to a **value-engineering focused business**, underpinned by robust R&D, advanced manufacturing capabilities, and strategic leadership. --- ### **Business Focus & Market Position** - **Core Segments**: Auto components (post-exit from two-wheeler business), railways, commercial vehicles, and heavy fabrication. - **Key Markets**: India (domestic focus), with growing emphasis on Indian Railways and urban metro rail projects. - **Unique Differentiators**: - India’s **only Tier I supplier** capable of delivering **paintless coach shells**. - **Largest manufacturer of commercial vehicle chassis** in India. - **Largest sprocket manufacturing capacity in South East Asia** (11 million units/year). - Operates the **largest welding facility in India** (800+ machines, ~100 km welding/day). - **Annual Capacities at Raebareli Facility**: - 600 coach sets (side wall & roof) - 450 underframes - 100 complete electric locomotive (E-Loco) shells The company processes approximately **85,000 tons of steel annually**, reinforcing its scale and leadership in the metal components domain. --- ### **Strategic Leadership & Management** - **Mr. Jatender Kumar Mehta (76 years)** – Founder, Main Promoter, and Technocrat Leader. - Over **50 years of industry experience** in automotive components. - Steered the company’s evolution into a value-added, quality-focused engineering business. - Continues to drive strategic direction despite age-related succession considerations. - **Mr. Devashish Mehta** – Key Strategic Leader. - Over **13 years in auto ancillary** and **14+ years in business management**. - Led **expansion into non-2W segments**, including **railway and commercial vehicle businesses**. - Instrumental in transitioning the company toward **value engineering and proprietary design**. - **Mr. Tavinder Singh** – Whole Time Director. - Over **39 years of experience** in production, sales, and procurement. - Oversees **day-to-day plant operations, compliance, and manufacturing efficiency**. - **Mrs. Sakshi Kaura** (daughter of J.K. Mehta) – Board Member with 17+ years in consumer durables and auto components. The leadership combines deep **technical expertise, family stewardship, and operational excellence**, though there are **succession planning sensitivities** due to founder dependency. --- ### **Manufacturing & Technological Capabilities** Omax operates **state-of-the-art facilities**, including: - A **12-acre advanced plant in Raebareli, Uttar Pradesh**, co-located on the Lucknow–Raebareli corridor. - Additional plants in **Bawal, Binola (Haryana), Bangalore, and Lucknow**, with consolidation underway to improve cost efficiency. - Expansion projects: "Awadh Project" (delayed due to pandemic), focused on commercial vehicle frames. **Advanced Equipment & Processes**: - **STAM (Italy) Roll Forming Line**: - Handles steel up to **10 mm thickness**, with **bow and camber correction** for precision. - Processes high-strength steel (HS800) and HR E-46 grades. - **SOENEN (Belgium) Punching Machine**: - Monthly capacity: **9,600 beams**. - Can punch **60 mm holes in 10 mm thick HS800 steel**. - Features ABB robot with sensors for **accurate profile tracking**. - **FMF Plasma Cutting System**: - Uses **nitrogen & oxygen plasma** for smooth, high-precision cuts. - Integrated with robotic sensors and Kjellberg technology. - **In-house Support Facilities**: - Full-scale **tool room**, **metallurgical lab**, **CNC wire cut**, and **pipe bending machines**. - 3D tube laser cutting and robotic welding cells. --- ### **R&D and Innovation: Innovomax** Established in 2016, **Innovomax** is Omax’s dedicated **Center of Excellence** for product design and process innovation. - Develops **3-year technology roadmaps** for railways, CV, and other segments. - Focuses on **value-added products**, lightweight design, and proprietary IP. - Collaborates with **academic institutions and technical partners**. - Supports **design validation** through: - 3D modeling, GD&T, CFD, structural & thermal analysis. - Benchmarking and testing using **3D CMM and robotic cells**. R&D initiatives are driving **expansion into metro rail components**, **biodegradable toilets**, and **BS-VI compliant vehicle structures**. --- ### **Product Portfolio** Omax supplies a wide range of high-precision engineered products: - **Frame & bus structure assemblies** - **Cross members**, **front towing cross members**, **auxiliary cross members** - **Coach shells, underframes, loco shells** (for Indian Railways) - **Tools, fixtures, and Special Purpose Machines (SPMs)** - **Heavy fabricated metal components** The company has already delivered: - **6 LHB Coach Shell Kits** - **19 Electric Locomotive Shell Assemblies** to Indian Railways. It is now **expanding into metro rail components**, leveraging India’s rapid urban rail expansion (10+ cities currently, 15+ in development). --- ### **Strategic Initiatives & Diversification** - **Non-2W Expansion**: Actively growing **railway and CV business**, reducing reliance on volatile automotive cycles. - **Technology Transition**: Shifting from “built-to-print” to **design-led, value-engineered solutions**. - **Sustainability**: Developing **biodegradable toilet systems** and energy-efficient manufacturing. - **Plant Rationalization**: Closing and disposing of underperforming units to enhance profitability. - **BS-VI Compliance**: Successfully launched **BS-VI compliant truck and bus frames** from Lucknow facility (since 2021). --- ### **Financial & Operational Resilience** - Post-pandemic, the company undertook **cost rationalization**, reducing overheads to improve margins. - Despite financial stress during 2020–21, leveraged **brand equity, distribution strength, and OEM relationships** to stabilize operations. - Continues to invest in **automation, AI-driven analytics, robotics**, and **data-driven quality control** to enhance adaptability and efficiency.