Pune: Varroc Safety and Mobility, a global tier-1 automotive component company, proudly announced the inauguration of its second manufacturing facility in Hanoi, Vietnam. This state-of-the-art electronics production unit represents a significant milestone in the company’s commitment to expanding its footprint within the South-east Asian Market.
With a focus on full backward integration of processes, Varroc aims to uphold automotive quality standards, deliver exceptional service, and reduce lead times, reaffirming its dedication to customer satisfaction.
Established in 1990, Varroc commenced operations in India with its Polymer business. Over the years, the company has evolved to design, manufacture, and supply a wide range of automotive components, including exterior lighting systems, plastic and polymer components, electrical-electronics components, and precision metallic components, catering to passenger car, commercial vehicle, two-wheeler, three-wheeler, and off-highway vehicle (“OHV”) OEMs worldwide.
Varroc’s success is attributed to its strong R&D capabilities and technological partnerships, enabling the company to develop products aligned with emerging mega trends of Safer, Greener, Smarter, and Connected Vehicles in the automotive space. In the fiscal year 2023, Varroc achieved revenue of more than Rs. 69000 million, showcasing its consistent growth trajectory.
With over three decades of relentless commitment to excellence and performance, Varroc offers cutting-edge design solutions, providing its customers with a competitive edge in their respective markets. This dedication has positioned Varroc as the preferred partner for all leading OEMs in the automotive segment.
The inauguration of the new manufacturing facility in Hanoi underscores Varroc’s commitment to further strengthen its presence in the South-east Asian Market while catering to the evolving needs of its global customer base.