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Company Profile

MODVAK from beginning so far

Modvak Engineering (I) Pvt Ltd incepted in 1998 with a vision to built a world class manufacturing unit providing its products to Automobile Industries.

Started Progressive tooling in 1999 with a small unit in Delhi.

With the exponential growth coming in, Expanded the manufacturing unit to 6000 Sq ft area in an upcoming industrial town of Haryana in 2001.

Started business relationship with one of the pioneer in Automotive sector “Minda Industries” in 2002.

Modvak Engineering become a private limited company and got ISO Certified , Trademark registrations etc. in 2004.

Modvak equipped with 2 High speed Power press in 2005 and expanded its product line for Honda & Yamaha, leading automobile companies in India.

Crossed turnover of Rs. 2.00 Cr. in 2006 and acquired 4 High Speed Power press. With the growth of the organization, created one more unit with 6000 Sq ft making the capacity to double in one years time.

With the size of the organization growing , it became necessary to have:

Dedicated Tool Room.

CNC Wire Cut.

Automation in Tooling.

Automation in Production.

Imported Raw Material from China.

With the turnover touching Rs. 10 Cr.:

We bought land of 27000 sq ft.

Built up an area of 10000 sq ft.

World class Power Presses from Taiwan.

Started manufacturing terminals for Appliances.

Imported 5 High Speed Precision Power Press in 2011 from Taiwan and created a state of the art manufacturing infrastructure to take the organization onto the next level, Ready to take on the leadership role in the Industry by building up capabilities in each and every aspect of the business.

Milestones Created:

Turnover 15 Cr.

Components produced 32 Cr.

New Products Developed – 48.

Customers Base 350 +.

Exposure in 18 states in 52 cities in India.

Approval from BAJAJ, HONDA, TVS, YAMAHA, HERO.

Currently having capacity of making:

6 Cr. components per month.

5 New Products per Month.

Supplying 20 lacs components per day.

Meeting New component requirements of HONDA, BAJAJ, HERO in 15 days.

Maintaining Rejection level 0.025% / 250 PPM.