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Announcement: Teutech Automotive Division joins The Hi-Tech Gears Ltd.

We are glad to inform that Teutech Automotive Division (Teutech) has joined The Hi-Tech Gears Limited.

The Hi-Tech Group of Companies comprises of The Hi-Tech Gears Ltd, The Hi-Tech Engineering Systems, The Hi-Tech e-Soft and The Hi-Tech Robotic Systemz, spans a wide spectrum of products and services that include manufacturing of warld class Auto Componenets. The Hi-Tech Gears Ltd is a flagship entity of The Hi-Tech Group.

The Hi-Tech Gears partners with Global OEMs and Tier 1 customers in providing Powertrain Solutions for their global platforms. Established in 1986, The Hi-Tech Gears offers high precision transmission gears and shafts, driveline components, engine gears and power take off components, for two wheeler, passengers’ vehicles, commercial vehicles, off-highway and construction equipment as well as non-automotive applications.

The new management took charge of the operations at Teutech effective March 1, 2017 under the leadership of Mr. Pranav Kapuria, Managing Director, The Hi-Tech Gears Limited. The company shall continue to operate under the Teutech brand. Teutech's value propositions to its customers, suppliers and its employees shall remain unaffected.

Mr. Pranav Kapuria, Managing Director, The Hi-Tech Gears said "It is an exciting moment for all of us that Teutech is joining The Hi-Tech Group family. This accelerates our growth along the path of Going Global and being the preferred partner for our customers in providing powertrain solutions. Going forward, we see strong growth opportunities emanating from synergies across customers and markets".

Mr. Deep Kapuria, Executive Chairman, The Hi-Tech Gears said "Globally, Auto industry is going through a defining era. It is at an inflection point with paradigm shifts taking place. Such transformational trends bring with them several challenges as well as a host of opportunities. We are at the start of an exciting journey for all the stakeholders of Teutech and The Hi-Tech Gears. This takes us one step closer to our Vision of being a Global Footprint Company".

 

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