CEO's Message

Hello there,

It is entirely our pleasure welcoming you to Centura Precision Components (CPC). Thank you so very much for coming.

The world we live in is transforming. Global markets are at the threshold of change. In the next decade, industries will experience more transformation than what they experienced ever before. New technologies, processes, products and services will emerge.

Against this backdrop, the world of Manufacturing, and Automobiles and Hydraulics in particular, has significant challenges and opportunities.
India is emerging as a global hub for auto component sourcing and is set to break into the league of the top five vehicle producing nations worldwide. The country is also emerging as a sourcing hub for engine components. Major global original equipment manufacturers (OEMs) plan to make India a component sourcing hub for their global operations. The auto components industry is expected to invest around Rs 70 billion (US$ 1.13 billion) over the next three years on new projects, as per rating agency ICRA’s estimates. The Indian auto component industry’s turnover is projected to touch US$ 115 billion by 2020-21. The industry is estimated to grow at a compound annual growth rate (CAGR) of 14 per cent during 2013-21. In addition, the industry’s exports are projected to touch US$ 30 billion by 2020-21, according to Automotive Component Manufactures Association (ACMA).
The rapid boom in Indian infrastructure industry, along with the more moderate growth of the manufacturing sector, has stabilized the demand for hydraulic components in India. The Government of India’s planned investment of INR 45 trillion in infrastructure in the 12th five year plan (2012-2017) will be a major boost to construction equipment and thereby, hydraulic components. New analysis on the Indian Hydraulic Components Market, finds that the market was valued above INR 18 billion during 2010 and is likely to grow at a compound annual growth rate of more than 14 percent from 2011-17 to cross INR 50 billion.

More than ever, we at CPC are now presented with the opportunity to evolve, collaborate, innovate and deliver. Guided by a firm focus on customer centricity and sustainability, we are focused on these opportunities. We aim to continue building strong relationships with our customers and become their trusted partner of choice. We are continuously improving our capabilities. All of this would, however, be nothing if we did not try to stay abreast, at least, of emerging trends, methods and techniques. The really satisfying thing is that all our hard work is paying off. People and companies trust us and keep coming back.

Moving forward, our goal is simple. We look forward to working with our customers by listening to their challenges, understanding the needs and opportunities and responding accordingly with the very capable team we have here at CPC.

In closing, we appreciate the interest and trust of our customers. We will continue our endeavor to improve quality and living standards of the community we live in, and enhance prosperity and happiness for our customers, employees, vendors, stakeholders, and our family members. Do write to us of your experiences with CPC - experiences that have delighted you and areas where we can improve, we can grow - we would be grateful for your valuable feedback.

Yours sincerely,

Chandrashekar U.