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Plant 3 built and commissioned
6th product family introduced
(Cold Forging line set up for “near net shaped” cold forged parts)
Sales US$ 23 Million, Exports @ 55%
3rd Manufacturing Plant Started in the EOU
TS 16949 certification
Sales US$ 6.08 Million
4th Product family started, Fuel System Parts and Assemblies
Growth rate is at 40%
Sales US$ 2.92 Million
100% Export Unit (EOU) established
QS 9000 certification
Sales US$ 0.83 Million
Established as a premier OEM supplier
Development of Precision machined parts 3rd Product line introduced (Turbocharger  Parts)
Sales US$ 0.71 Million; Exports @ 10%
2nd product line (Rocker Arm Screws)
30 employees
Sales US$ 0.22 Million
Indo Schottle is incorporated
1st product family (Engine  Valve Collets) Single Customer,
Sales US$ 5.6 k
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