### **Overview** Pavna Industries Limited, originally incorporated as *Pavna Locks Limited* on **April 19, 1994**, is a leading Indian manufacturer of automotive components with over **five decades of legacy** in innovation and manufacturing excellence. Headquartered in **Aligarh, Uttar Pradesh**, and led by **Mr. Swapnil Jain**, the company has evolved from a single die-casting unit in 1971 into a full-capability, multi-product automotive systems supplier serving OEMs and aftermarket segments across South Asia and globally. Pavna is now repositioning itself as a **technology-driven player in advanced automotive engineering**, with strategic expansion into electric vehicles (EVs), electronic components, and next-generation mobility solutions. --- ### **Core Business & Product Portfolio** Pavna Industries manufactures a **diversified range of high-quality automotive components** for passenger vehicles, two-wheelers, three-wheelers, commercial vehicles, and off-road vehicles. The company also serves the agricultural sector with specialized parts. **Key Product Categories:** - **Safety & Control Systems**: Ignition switches, steering cum ignition lock assemblies, auto locks, wheel locks - **Fuel & Engine Management**: Fuel tank caps, throttle bodies, fuel cocks, oil pumps, carburettors, injection systems - **Mechanical Components**: Latches, chain tensioners, handles, casting components - **Electrical & Electronic Components**: Switches, wire harnesses, connectors - **EV & New Mobility Solutions**: EV motor controllers, charging piles, electronic locks, throttle bodies for EVs The company is actively **developing components for drones** and expanding into aerospace, medical, and commercial electronics through strategic partnerships. --- ### **Manufacturing & Operations** Pavna Industries operates **nine state-of-the-art manufacturing facilities** across four strategic locations: 1. **Aligarh, Uttar Pradesh** 2. **Aurangabad, Maharashtra** 3. **Pantnagar, Uttarakhand** 4. **Hosur, Tamil Nadu (upcoming greenfield facility)** These plants are **strategically located near major OEM hubs**, enabling timely delivery, close collaboration, and responsive supply chains. The facilities are certified under **ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007, and IATF 16949:2016**, ensuring global quality and safety standards. **Advanced Manufacturing Capabilities:** - In-house **zinc and aluminum die-casting** with AI-enabled temperature and pressure control - Fully automated **powder coating and plating lines** (nickel, zinc, copper) - **Vertical machining centers** with micron-level precision - Dedicated clusters for **wire harnesses, stamping, and engine components** - **End-of-line testing** for functionality, leakage, continuity, and performance --- ### **Strategic Expansion & Capital Investments** Pavna is executing an aggressive expansion strategy to strengthen capacity, enhance technological capabilities, and increase regional presence: #### **Land Acquisitions & Greenfield Projects (2024–2025):** - **Hosur, Tamil Nadu (~4 acres)**: First South India manufacturing unit to serve key OEMs like **TVS Motor** and **Ola Electric** - **Pantnagar, Uttarakhand (4,335 sq. meters / ~1 acre)**: Greenfield plant for proprietary die-cast and engine components; proximity to **Bajaj Auto** - **Jewar Airport, Uttar Pradesh (cumulative ~9.6–11.49 acres)**: Future-ready **innovation and manufacturing hub** in a key industrial corridor #### **New Facilities:** - **Noida, Uttar Pradesh**: Dedicated **R&D Center** focused on **electronic components, lock systems, switches, and advanced automotive solutions** - **Hosur Plant**: Equipped with advanced automation to improve **efficiency, profitability, and regional service capabilities** --- ### **Research & Development (R&D) & Innovation** Pavna invests heavily in **in-house R&D** and collaborates with global partners to drive innovation: #### **Key R&D Initiatives:** - Focus on **electronics, EV technologies, smart locks, and embedded systems** - Development of components aligned with **stricter emission norms** and **electrification trends** - Investment in **digitalization, automation, and Industry 4.0 technologies** #### **Strategic Collaborations:** 1. **Sunworld Moto Industrial Co. (Indo-Taiwan JV)** - Joint development of **chain tensioners, oil pumps, throttle bodies**, and advanced mechanical components - Leverages Indo-Taiwan technical synergy for innovation 2. **SmartChip Microelectronic Corporation (SMC), Taiwan** - **Joint Venture (Aug–Sep 2025)** to co-develop: - Electronic lock systems - EV motor controllers and throttle bodies - EV charging infrastructure - Combines **Pavna’s manufacturing and market access** with **SMC’s electronics R&D expertise** 3. **Farma SRL, Italy (Technical Alliance)** - Supports development of high-precision components and advanced engineering solutions 4. **Ola Electric (Strategic Partnership, Apr 2024)** - Supply agreements for ignition switches and latches across Ola’s EV platforms --- ### **Market Presence & Customers** #### **Key OEM Clients:** - **Two-Wheeler**: Bajaj, Honda, TVS, Royal Enfield, Tork Motors, Revolt - **Commercial & Passenger Vehicles**: Mahindra & Mahindra (including Mahindra Electric), Ashok Leyland, Eicher Motors - **EV Sector**: Ola Electric, Tork, Revolt, Mahindra Electric Pavna is a **trusted Tier-1 supplier** with long-standing relationships, especially with **Bajaj Auto**—its first major client. #### **Geographic Reach:** - **Domestic**: Strong presence in 17 Indian states via an extensive distribution network - **Exports**: Components exported to **Italy, Sri Lanka, Indonesia, Sudan, USA, Bangladesh, Taiwan, and Nepal** #### **Aftermarket Services:** - Operated through **Pavna Marketing Pvt. Ltd. (100% subsidiary)** - Offers spare parts including locks, switches, fuel tank caps, clutch plates, filters, bearings, wiper blades, brake shoes, and **EV components** --- ### **Subsidiaries & Corporate Structure** Pavna Industries Limited is a holding company with strategic stakes in key subsidiaries: - **Pavna Sunworld Autotech Pvt. Ltd.** (71.50%) – Engine components (oil pumps, throttle bodies) - **Pavna Auto Engineering Pvt. Ltd.** (50.74%) – Fuel cocks and die-cast components - **Swapnil Switches Pvt. Ltd.** (50.74%) – Electro-mechanical switches - **Pavna Marketing Pvt. Ltd.** (100%) – Aftermarket distribution --- ### **Strategic Shifts & Future Vision** Pavna is transitioning to a **higher-margin, technology-led business model**: - **Divested casting business** to focus on **proprietary, value-added, non-casting products** - **Shifting from commodity components to technologically advanced systems** - Aligning with **India’s PLI (Production Linked Incentive) Scheme** to boost domestic manufacturing and exports - Targeting **zero-debt status** and becoming a **stakeholder-centric, innovation-first organization**