Kross Ltd is a diversified player focused on manufacturing and supply of trailer axle and suspension assembly and a wide range of forged and precision machined high performance safety critical parts for medium and heavy commercial vehicles (“M&HCV”) and farm equipment segments.
They are widely recognized as one of the prominent manufacturers of trailer axles and suspension assembly in India (Source: CRISIL Report). In 2019, they commenced manufacture and sale of trailer axle and suspension assemblies and have witnessed robust growth between Fiscal 2021 and Fiscal 2024 (Source: CRISIL Report). They have become one of the fastest growing player in the organised trailer axle manufacturing industry competing with major trailer axle manufacturers (Source: CRISIL Report). With over three decades of experience, they rely on their product development capabilities to design and deliver proprietary products such as trailer axle and suspension assembly. They are one of the few players domestically, with the competency to manufacture trailer axles and suspension assembly in-house (Source: CRISIL Report).
They supply their products to a diversified client base which includes large original equipment manufacturers (“OEMs”) manufacturing M&HCV and tractors, tier one suppliers to the OEMs in the M&HCV segment domestic dealers and fabricators for their trailer axle and suspension business. In the past they have been recognized by customers for the high-quality of the products supplied by us, which is one of the factors that has helped us establish long term relationships with several large domestic and global OEMs, including, Ashok Leyland Limited, a leading Indian automobile OEM and a Indian farm equipment OEM, each of whom they have been associated with for a period of more than 18 years and Tata International DLT Private Limited with whom they have been associated since 2019. Due to their track record and diverse product portfolio, they have also been able to attract new customers such as Leax Falun AB and a Japan based OEM manufacturing commercial vehicles. They have also commenced their bulk exports to Leax Falun AB, a Sweden based company manufacturing propeller shafts for commercial vehicle OEMs, in August 2023 with supplies of Universal Joint Crosses and are in stages of validation for other critical parts.
They are backward integrated with design, process engineering, forging, casting and machining capabilities which allows us greater control over process, timelines, pricing and quality. They believe that their in-house design capabilities have been instrumental in their success by allowing us to work closely with customers for design and development of high performance and safety-critical components and assemblies, such as, anti-roll bars and stabiliser bars, where they along with the OEM’s design team, conceptualised the design and framework of the product.
Note: The actual amount will be debited when the shares are allotted to you.
Note: The actual amount will be debited when the shares are allotted to you.
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