MANN+HUMMEL is targeting a 40 per cent revenue through filter sales in the commercial vehicle segment in the first three-five years.
This was disclosed in an exclusive interview to MOTORINDIA by Mr. Hans-Georg Hummel, Managing Director, MANN and HUMMEL Filter Private Ltd., on the sidelines of the press conference recently organised by the company in Bangalore to announce the launch of its automotive filters in the aftermarket as well as inauguration of its R&D Centre.
He said the range of filters produced by the company includes specially designed air filter system for commercial vehicles. This would be among the focus areas for the company in India since the products are more value-added rather than volume-based. It has already become a major supplier of the air filter system to the newly-launched Tata World Truck and also has a substantial market share in supplies to global OEMs such as MAN, Volvo, Daimler, Scania, etc.
Mr. Manfred Wolf, Senior Executive Vice President, Filter Elements and Systems for Industry and Trade, MANN+HUMMEL GmbH, said the company has major investment plans for Asia, including in India, for introduction of new products. As a 68-year-old family-run company, it is not only a pioneer but also an innovative filter manufacturer, investing heavily on R&D activities as well as for registration of patents.
The company has also grown through its various acquisitions, mainly SMEs. For instance, in North America, it has bought Purolator jointly with Bosch. With such acquisitions, the company has become a strong player in the European as well as South American markets. For India, the company is working out a long-term strategy, he added.
This was disclosed in an exclusive interview to MOTORINDIA by Mr. Hans-Georg Hummel, Managing Director, MANN and HUMMEL Filter Private Ltd., on the sidelines of the press conference recently organised by the company in Bangalore to announce the launch of its automotive filters in the aftermarket as well as inauguration of its R&D Centre.
He said the range of filters produced by the company includes specially designed air filter system for commercial vehicles. This would be among the focus areas for the company in India since the products are more value-added rather than volume-based. It has already become a major supplier of the air filter system to the newly-launched Tata World Truck and also has a substantial market share in supplies to global OEMs such as MAN, Volvo, Daimler, Scania, etc.
Mr. Manfred Wolf, Senior Executive Vice President, Filter Elements and Systems for Industry and Trade, MANN+HUMMEL GmbH, said the company has major investment plans for Asia, including in India, for introduction of new products. As a 68-year-old family-run company, it is not only a pioneer but also an innovative filter manufacturer, investing heavily on R&D activities as well as for registration of patents.
The company has also grown through its various acquisitions, mainly SMEs. For instance, in North America, it has bought Purolator jointly with Bosch. With such acquisitions, the company has become a strong player in the European as well as South American markets. For India, the company is working out a long-term strategy, he added.
According to Mr. Ajith Raj Nair, Joint Managing Director, MANN and HUMMEL Filter Private Ltd., the Indian filter aftermarket business in the organised sector is worth Rs. 600-800 crores, and his company is aiming for a sizeable market share in the next few yeas. It has already appointed agents in different parts of the country and is also planning to export its filters in a small way.
