### **Overview** Sintercom India Limited, established in 2007 and headquartered in Pune, is India’s leading manufacturer of automotive sintered components. The company operates integrated manufacturing facilities and specializes in medium- to high-density precision sintered parts for engines, powertrains, exhaust systems, and sensor applications using advanced powder metallurgy technology. With a strong emphasis on innovation, quality, and cost efficiency, Sintercom serves major domestic and global automotive OEMs and Tier-1 suppliers. The company began commercial production in 2010 at its Talegaon facility and has since expanded its production capacity from 1,980 to 3,600 metric tons per annum (MTPA) in 2019, aligning with growing industry demand. --- ### **Strategic Positioning & Diversification** As of August 2025, Sintercom is actively transforming its business model to respond to global industry shifts, particularly the rise of electric mobility and supply chain diversification trends: - **Transition to EVs:** Proactively addressing the expected decline in internal combustion engine (ICE) demand by developing sintered components for electric vehicle (EV) drivetrains, e-motors, braking systems, and thermal management. The company leverages its expertise in **Soft Magnetic Composites (SMC)** for high-performance, compact, and cost-efficient EV motor components. - **Expansion Beyond Automotive:** Diversifying into non-automotive sectors including industrial machinery, consumer appliances, medical devices, aerospace, and defense. Recent initiatives include forward integration plans supported by the "Make in India" initiative and adoption of **Metal Injection Molding (MIM)**. - **Geographic Expansion:** Aiming to expand its footprint in Europe and North America by positioning India as a reliable alternative sourcing hub, especially amid global supply chains de-risking from China. - **Industrial Goods Growth:** Successfully entered the industrial segment with products such as liquid dispensing metering parts and synchro rings, with validations nearing completion and production expected to scale in coming quarters. --- ### **Technology & Innovation** Technology remains a core pillar of Sintercom’s competitive advantage: - **R&D Focus:** Maintains an in-house R&D team focused on product development for engines, transmissions, body/chassis, and EV applications. The company invests heavily in **advanced powder metallurgy solutions**, process automation, and technical upskilling. - **Joint Venture with Miba Sinter Austria GmbH:** Formed in 2011, this strategic partnership brought technology transfer and an initial equity investment (~26%), later increased to **30.57%** by FY23. Miba, a global sintering technology leader since 1963, continues to support Sintercom with cutting-edge know-how, especially in electrification technologies. - **New Capabilities:** Commissioned **India’s first gear rolling line** (2021), enabling production of planetary gearbox gears for EVs. Also localized **scissor gears** and **FIP sprockets**, replacing imports and supporting indigenization. - **Process Advantages:** Utilizes sintering to produce complex, lightweight, high-precision parts with minimal material waste and reduced need for secondary machining—resulting in cost-effective, sustainable manufacturing. --- ### **Market Strategy & Customer Base** - **Domestic Leadership:** Key supplier to leading Indian OEMs including **Maruti Suzuki, Mahindra & Mahindra, Bajaj Auto, and Fiat India**. Acts as a single-source supplier for several critical components. - **Global Reach:** Supplies global Tier-1s and OEMs, with business secured from **Dana Graziano** (off-highway) and **PSA/AVTEC** (Euro 6/7 engines), enabling access to European markets. Now actively participating in global supply chains. - **Marketing & Visibility:** Participated in **Bharat Mobility Global Expo 2025** to showcase EV-ready technologies and strengthen domestic and international relationships. - **In-House Marketing Team:** Established to expand OEM customer networks and promote proprietary technologies. --- ### **Product Portfolio Highlights** Sintercom’s product range includes: - **Drivetrain & Transmission:** Drivetrain gears, transmission gears, synchro hubs, synchro rings, interlock fingers, reverse synchro hubs (for 6th-speed transmissions), and helical gears (low NVH, high performance). - **Engine Components:** Drive gears, chain sprockets, belt pulleys, crankshaft bearing journals, and bearing caps for engines (10–120 HP). - **Exhaust & Sensor Systems:** Stainless-steel **sensor Hego bosses** (oxygen, temperature, NOx sensors) and **ABS rings**—available in stepped, saddle, straight configurations with custom threads. - **EV-Specific Products:** SMC components for e-motors, electric power steering parts, and sensor components tailored for electrified platforms. - **Industrial Applications:** Components for off-highway equipment, compressors, and refrigeration systems. --- ### **Manufacturing & Sustainability** - **Integrated Operations:** High capacity utilization, localized raw material sourcing, and strict quality control enable cost competitiveness despite margin pressures. - **Sustainability Initiatives:** Commissioned a **solar power plant** to reduce carbon emissions and integrate renewable energy into manufacturing operations. - **Environmental Benefits:** Sintering process supports sustainability through high recycled content, minimal waste, and energy-efficient production. --- ### **Risk Management** Sintercom acknowledges several risks: - **Raw material price volatility** - **Technological disruptions** (e.g., new manufacturing methods) - **Customer concentration** - **Trade barriers and supply chain disruptions** To mitigate these, the company focuses on: - **Product and market diversification** - **Global customer base expansion** - **Operational agility and innovation** - **Strategic partnerships** to ensure technological relevance --- ### **Leadership** - **Managing Director: Jignesh Raval** – Over 27 years of automotive industry experience, including 9 years as Executive Director-GSCM at Tenneco Automotive India Pvt. Ltd. - Co-promoted by **BRN Industries Limited** and **Miba Sinter Holding GmbH & Co KG**, combining Indian entrepreneurial strength with Austrian technological leadership. --- ### **Financial & Investment Highlights** - Total foreign investment from Miba: ₹534.60 million (as of Feb 2025) - Raised ₹222 million in Mar 2021 via preferential equity and CCD issuance from Miba - Achieved **37% YoY sales growth in FY23**, outperforming the broader market - Continuous reinvestment in capacity expansion, automation, and R&D