Western Thomson Group

www.westernthomsonindia.com

Corporate Presentation

Group Highlights

• We are India’s largest producer of Automotive Thermostats and Temperature Sensors

• A specialised International Auto-Components group established since 1967

• We have International Technical Partners and Shareholders

• Maruti Suzuki India Limited (MSIL) is a shareholder in one of our Companies

• Thermostat is a Critical Functional part in the vehicle ( Engine Management System )

• First Company in India to produce Thrust Bearings for Turbo Chargers

• Two of our Companies are profiled in the Top 500 Automotive SMEs in India by Dun & Bradstreet

• Although privately owned we hold a CRISIL (S&P) Rating (BBB rating for WTI)

• Privately owned and Professionally managed (Quick decision making)

Thermostat Housing

Thermostat-Plastic Housing

Thermostat

Pressure Relief Valve

Thermostat- Aluminum Housing

Thermostat-Brass Housing

Thermostat

Thermostat Sensor Water Temperature

Thrust Bearing for

Turbo - chargers

Group Product Range

Thermostat

Thermostats Variants

Current Group Market Position in Thermostats & Thrust Bearings

• Thermostats– Indian market share

• Overall 75% + – Passenger Cars 70%– Utility Vehicles 70%– Commercial Vehicle 90%– Tractor 100%– Motorbike (Water cooled) 60%+

• Key overseas market share– World Tractor OEM market share 25% +– Australia After market 10% +– Malaysia OEM–Passenger Car 25% +

• Thrust Bearings

– India Market share 50% +

Corporate Holding Structure

Western Thomson Group PTE, Singapore

100% owned byChidambaram Family

Western Thomson (India) Limited

Technical Affliation with BTTI, FBC

Nippon Thermostat (India) Limited

Joint venture with NTCL Japan and Maruti

Suzuki India

Precialp Precision India Pvt Ltd

Joint venture with Precialp France

Riviera Auto Components Pvt

Ltd

RAC

Group Details

• Established in 1967, by late Mr V.Chidambaram (1942 – 2002)

• Group Sales: 25m US$

• Total Employees: 260 ( Staff 72, Workmen 188 )

• Product Range:• Automotive Thermostats• Thermostat Module Assembly (Plastic, Aluminium)• Thermostats for two Wheeler applications• Single & Dual Sensors• Oil Pressure Relief valve• Thrust Bearings• Journal Bearings

• Total number of Group customers: 65• Domestic OEM - 32• Overseas OEM - 7• Overseas Aftermarket: - 19• Tier 1 - 7

Group Sales Profile

87%

13%

TOTAL

DOMESTIC

EXPORT 56%

23%

12%

3%6%

Group Sales - Segment Wise

Passenger Car

Commercial Vehicle

Tractor

After Market

Others

PuneSales Office

Chennai Head OfficeWTI PlantNTI PlantPPI PlantRAC Plant

New Delhi Sales Office

Pondicherry WTI Plant 2CTRI Test Centre

UK, London

Singapore

Our Locations

Western Thomson (India) Limited

Nippon Thermostat (India) Limited

Precialp Precision (India) Pvt Ltd

Western Thomson (India) Limited - Plant II

Singapore Office

Head Office - Chennai

International Office - UK

Global Partners

Precialp - France

Behr Thermotronik

Italia

Nippon Thermostat

Japan

Fuji Bellows Co. Ltd Japan

CEC - Korea

Ashok Leyland Limited Cummins India Limited Fiat India Private Limited Ford India Private Limited Indian Defence Vehicle Factory John Deere Mahindra Navistar Engine Pvt Ltd Daimler India Commercial Vehicles Pvt Ltd Bajaj Auto Limited Harley-Davidson Motor Company Volvo Eicher Commercial Vehicles International Tractors Limited Toyota Kirloskar Auto Parts Pvt Ltd

Mahindra & Mahindra Limited Maruti Suzuki India Limited New Holland Fiat (India) Limited Suzuki Power Train India Limited Swaraj Mazda Simpson & Company Limited Same Greaves Limited TATA Motors Limited TATA Cummins Limited TVS Motor Company Limited Turbo Energy Limited Honeywell Turbo Technologies (India) Pvt Ltd India Yamaha Motors Pvt Ltd

Key Customers

Domestic

O.E.M

Case New Holland - UK Cummins - UK, US John Deere - France Deutz AG - Germany Proton - Malaysia Kubota - Japan Volvo - France Triumph Motorcycles - Thailand Honeywell - Korea, China IVECO - Latin America

Export

After Market

Maxi Force - USA Ingersoll Rand - USA Mark IV Automotive - Australia Nippon Thermostat Co Ltd - Japan Precialp - France Gates - Belgium TVH - Belgium

Key Customers

Group Management Team

Mr. S.Subramanian

Director of the Board & Group CEO.

Previously Business Head with JBM Group company, Unit Head at Motherson Automotive Technologies.

As Head of Production and Industrial Engineering in Siemens VDO.

Masters in Management from Poona University and Graduate in Engineering from Regional Engineering College (now known as NIT), Tiruchirappalli.

Mr. Venkat Chidambaram

Director of the Board

Previously was Senior Investment Manager at Towry Investment Management, UK.

Deputy CIO at TFO Management LLP

1994 - 2005: Investment Director at GAM, division of UBS.

MBA from Cass Business School (City Univ.), London and BBA from American Intercontinental Univ., London.

Group Management Team

Mr. T.Govindarajan

Group – Executive Director

Previously was Head of Customer Support Development at Western Thomson India

Head of R&D with India Radiators Limited and Head of Oil Cooler Division

M.Sc Degree in Chemistry from the American College in Madurai.

Mr. K.V.Ramanan

General Manager - Group Quality

Previously Senior Manager Production Engineering in Wheels India Limited.

Previously with Caterpillar India and Turbo Energy Limited (associated with Borg Warner).

Certified Six Sigma Master Black Belt.

ME (Production Engineering) from GCT,Coimbatore and MBA (General Management) from Bharathiar University.

Group Management Team

Mr. S.Senthilkumaran

General Manager – Operations in Precialp Precision India Ltd

Previously Chief Manager- Quality–Reliance Wind Power Division

Experienced in Tooling ,Heavy Engineering ,Fabrication and Machining parts

MBA (Technology  Management)  and Graduate in Engineering from College of Engineering,Anna University

Profile of the Companies in the Group

Western Thomson India (WTI)• Established in 1967

• Technical Agreement and Partnership with Behr Thermotronik Italia (affiliate of Behr Thermotronik Germany).

• Long term association with Fuji Bellows (FBC)

• Products: – Thermostats – Thermostat Module assemblies (Plastics, Aluminium) – Oil Pressure Relief valve

• Quality certification – ISO / TS 16949

• EMS certification - ISO 14001:2004

• Profiled by D & B in Top 500 Automotive SMEs in India (DUNS number 91-536-1281)

• Exports account for 18% of Sales

• Key Customers– Suzuki Powertrain, TATA Motors, Tata Cummins, Fiat India, Ford India– Kubota Japan, Deutz Germany, John Deere - France, Proton – Malaysia

WTI Product Range

Thermostat Housing

Thermostat-Plastic Housing

Pressure relief Valve

Thermostat

Thermostat- Aluminium Housing

ThermostatThermostat

Thermostat

Integrated Thermostat Module

TML – Plastic Housing Assy

Bajaj – Housing Assy

SPIL- Euro V Assy

FGP – Housing Assy

Volvo – MDEP Engine

Volvo – MDEP Engine

FIAT DIESEL (SDE) ASSY LINE FIAT PETROL (FIRE) ASSY LINE

Module Assembly Capabilities

AUTOMATED ELEMENT ASSY MACHINE

AUTOMATED ELEMENT CALIBRATION MACHINE

CMM DRY AIR LEAK TESTING MACHINE

Research & Development

• Our R&D team includesA team of 10 Design engineers, with one consultant based in the UK

Partnership with Sri Venkateshwara College of Engineering (SVCE) for a variety of services including FMEA and other Software's and Engine test beds

• Facilities In-house

Autocad-2004,Solid Edge V20

SVCE partnershipAnsys software

New Product Development

Harley Davidson

DRCV Bajaj Auto

TML Plastic Housing

Nippon Thermostat India (NTI)• Established in 1994

• Products: – Thermostats – Dual Sensor– Single Sensor– Thermostat and Sensors for motorbikes

• International Collaborator – NTCL Japan, Maruti Suzuki has a 10% shareholding

• Profiled by Dun & Bradstreet in Top 500 Automotive SMEs in India (DUNS number 91-848-0141)

• Quality certification – ISO / TS 16949

• Key Customers– Maruti Suzuki India Ltd, Swaraj Mazda, NTC Japan (buy back), TVS Motors– Pipeline includes Honda India and Honda Thailand (Motorbikes)

NTI Product Range

ThermostatThermostat

Sensor Water Temperature

Thermostat

Thermostat

Sensor Water Temperature

Facilities

Case Cold Forging

CNC

Sensor Inspection - Resistance checking  

Air Leak Tester

Testing Lab

Precialp Precision India (PPI)

• Established in 2006

• Products: – Thrust Bearings

• From Forged Blanks• From Stamping

• International Collaborator – Precialp France

• Key Customers– Turbo Energy Ltd (TEL), Borg Warner/TVS Group JV company– Honeywell India (HTT)– HTT Korea– HTT China

PPI Product Range

Thrust Bearing for Turbo - chargers

Drilling Machine Washing Machine

Grinding Machine

Facilities

Riviera Auto Components (RAC)

Established in 1985

Manufacturer of pressed parts and thermostat metal

housings

Aftermarket distributor of Thermostats in India

CT Research Institute (CTRI)

Established in 2005 as a non-profit organization

Formed by the Chidambaram family / Trusts

Partnership with Sri Venkateshwara University (SVCE) for Training and Research Activities

CTRI conducts

Strategic long term product development & testing activities, joint program with SVCE

Group Training activities

In house and external courses conducted in Six Sigma, FMEA, RCA etc

Group Quality, Training & HR

• CTRI the group training wing is responsible for all in-house and external activities.

• CTRI conducts an annual quality competition within the group with entire group divided into sub-zone.

• CTRI conducts social and sporting events.

• In-house news letter is published every quarter.

• Sporting events are conducted on quarterly basis.

• CTRI has affiliation with Sri Venkateshwara College of Engineering (SVCE) Chennai for various training activities.

Thank You

www.westernthomsonindia.com

sales@westernthomsonindia.com

RAC