Varroc Corporate Presentation

September 2010

Varroc Group Vision

Varroc Group Mission

Varroc Core Values

Varroc GroupMETALLICEngine ValvesPOLYMERELECTRICAL& ELECTRONICSMETALLIC, Hot, Warm & Cold ForgingGROUPSTRUCTUREVEPLVPPLMANAGEMENTSTRUCTUREMr. Tarang Jain (MD)Mr. Naveen SinghMr. Prakash KhoseMr. L.K.MiniyarVarroc Engg. Pvt. Ltd.Varroc Polymers Pvt. Ltd.Mr. S N PatilSr. Vice President 7 Manufacturing plants Technical center provides support for Design validation,, Testing, Tooling and PrototypePRODUCTCAPABLITY 6 Manufacturing plants Technical Support by Japanese & European Manufacturer Supplier to all premium OEMs 3 Manufacturing plants Technical center provides support for Design validation,, Testing, Tooling and Prototype 3 Manufacturing plants Technical collaboration with Italian CompanyVarroc Engg. Pvt. Ltd.Varroc Engg. Pvt. Ltd. All 4 product portfolios manufactured in this divisionVarroc Engg. Pvt. Ltd.Mr. Harsh KohliIntegrated Division, PantNagar 2009 -10 US$450 MillionsGROUP ANNUAL SALESLeading Integrated supplier for Automotive Components & ModulesMr. Sanjiv Kumar (President)Mr. Tarang JainMD *2010 -11 US$575 Millions80% with 2 & 3 Wheeler Segment15% with Passenger Car, Off Road and Oil & Gas Segments5% with White Goods & Consumable Segment

Operationing Structure

Varroc Group_ Journey*

Strategic restructuring of Varroc GroupVarroc Polymers Pvt. Ltd.Varroc Engineering Pvt. Ltd. Enhance Capacities & Added technologies to cater to OEMs.2007-08Plastic Molded Components for Automotive and Consumer Electronics Industry.Commercial Production Started (1990)Electrical Division (Aurangabad)Focus Bajaj Auto

1990-91SOPs at 3 additional plantsMetallic & Electrical divisionsFocus Bajaj Auto & Overseas Market1995-98Enhanced CapacitiesStarted Exports to European OEMSAdded customers in Northen Region of India2005-061999-20022003-04

Foray in Europe in Forgings Space by Acquiring IMES Spa Italy and Poland.SOP at Integrated Manufacturing Plant in Pantnagar, Northern Region Industrial Hub2006-07SOPs at 3 additional plantsMetallic & Polymer divisionsFocus Honda, LG , YamahaEnhanced Capacities for all 3 manufacturing divisionsEnhanced product portfolio by adding Engine Valve Technology8 New Plants & R&D Center StartedFocus Passenger Car Industry & White Goods IndustryVolkswagen recognized Varroc as one of the preferred 100 Global Suppliers.Capacity Enhancement, putting up two manufacturing plants in Northern & Central Regions2009-10

W. Europe 2 1India 18 2 Employees 9,000India Plants Location Northern India- 3 Western India- 15Varroc WorldwideISO 14001OHSAS 18001OEM SupplierISO-TS 16949

Varroc Worldwide Plants & Offices20

Varroc Polymer - Product Expertise Varroc Polymers

Varroc Polymer - Product Expertise Varroc Polymers

MetallicVarroc Engineering_ Product Expertise

MetallicVarroc Engineering_ Product Expertise

Electrical / ElectronicsVarroc Engineering_ Product Expertise

Varroc Engineering_ Product Expertise Electrical / Electronics

Varroc Group PrioritiesCostInput Costs/ Benchmarking with CompetitionReduction of Rejection & Waste EliminationLean Manufacturing Techniques / Reduction in inventoriesControl Overhead ExpensesInnovationEnhancing performance of the component/module supplyingContinuous Focus on increasing Brain PowerImprove the Value Chain, Component to System/Sub-system SupplierValue Engineering ProposalsDeliveryJIT Delivery System100% flawless deliveriesQualityCustomer & Internal PPMTPM, Kaizen Culture, TS 16949 accredited

Varroc Group Overall Strategies Joint Ventures & Acquisitions Strategic Alliances Focus on 4 wheeler business potential in Electrical & Electronics space Expansion in Far east markets for Japanese OEMs primarily in 2 Wheeler market place. Expanding manufacturing footprints in India & selected overseas countries for Future Technologies. World Class Technologies, facilities & Human Resource Investing in Green Technologies

Varroc Group Joint Ventures & Technical Collaboration Exterior Modules Bumpers, Wheel Arches, Claddings etc (TC) Interior Trims Door Panels, Glove Box, HVAC Housings etc (TC) Automotive Lighting (TC) Automotive Catalytic Converter(JV) (JV) Engine Valves for 2Wh ApplicationStrengthening & Technology Up gradation 2 JVs & 3 TCs

Production Floors

Our Global Customer BaseTRADEMARKS SHOWN IN THIS SITE ARE THE PROPERTY OF THE RESPECTIVE COMPANYPassenger CarsCommercial VehiclesSystem SuppliersTwo WheelersWhite Goods

Program Management Concurrent Designing with customer State of Art Communication technology, Secured Data Transfer thru ftp sites. Development Processes Spanning the time zones

Varroc Group: Sales Turnover

Employee Motivation & Social ResponsibilityVarroc Vengsarkar Cricket Academy

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