KAPICO at Auto Expo 2006

January 14, 2006 (PRLEAP.COM) Business News
New Delhi: Supported by its Indian subsidiary KAPICO India Private Limited, the KAPICO Group is presenting a select range of its aftermarket products at the Auto Expo in New Delhi (January 12 - 17, 2006).

The KAPICO Group is a leading automotive aftermarket player with operations spread across the Middle East, Africa, Asia Pacific and South Asia. The Group represents more than 150 of the world’s best automotive aftermarket brands and has customers in more than 80 countries.

The Group's trade fair presence is being reinforced by presentations given by senior KAPICO Group executives, giving visitors with a technical interest an opportunity to obtain detailed information about the Group's range of automotive aftermarket products.

Mr. Ravikumar L, General Manager, commented “The Indian marketplace has been experiencing strong growth and has been the focus of our attention for sometime now. The proportion of our worldwide sales derived from this region has increased steadily during recent years and we expect substantial acceleration in our Indian business in the near future.”

“We have established a good presence in India and are looking to extend our reach through dealer partners that share our vision of quality and value”, remarked Ravikumar.

In a move to strengthen its local capabilities the KAPICO Group has recently acquired a parts manufacturer in Noida in addition to making considerable investments in setting up the newest MARUTI SUZUKI franchise in Chennai, Tamilnadu.

“We are continuing to set standards in providing the world’s best aftermarket products to emerging markets across the globe”, said Pradeep K Handa, Vice Chairman & Group CEO of the KAPICO Group. “Our extensive global capability allows us to provide cost arbitrage to the Indian market while maintaining the high quality and reliability standards that are demanded by OEMs and car owners.”

The KAPICO presence at the Auto Expo’2006 is focused on introducing SPAREX, its independent brand of quality automotive parts to the Indian consumer.

KAPICO’s stand no 62 in Hall 18a will also showcase body parts from TYC, shock absorbers from KAYABA, and spark plugs from NGK, among a host of international brands.



About the KAPICO Group

The KAPICO Group, founded in 1950, is a global conglomerate with 43 companies spread across 9 countries in three continents.

From automotive to lifestyle, and health care to infrastructure, we are dedicated to turning innovative ideas into essential products and services you trust.

For Further Information, please contact:

Sanjay Gautam
Chief Marketing Officer
KAPICO Group Holding Co. KSCC
P.O. Box 4296 Safat 13042 Kuwait
Tel: (965) 483 7344
Fax: (965) 481 7488
E-mail: sgautam@kapicogroup.com