Successful Story of AMCO Batteries

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 AMCO Batteries has been a leading manufacturer of automotive and commercial batteries in India since 1932. Here's a brief overview of their success story:

Early Years

AMCO Batteries was founded by Becken Bain, a German national, and was later acquired by the Amalgamations Group in 1955. Under the stewardship of S Anantharamakrishnan and K.G. Parameswaran, the company saw exponential growth and expansion.

Key Milestones

- Introduction of Two-Wheeler Batteries: AMCO was the first company to introduce two-wheeler batteries in India, specifically designed for new-generation Japanese vehicles.

- Technical Collaborations: The company signed technical collaborations with Gould Inc. and Yuasa Corporation to enhance its product offerings and quality.

- Export Leadership: AMCO became the largest battery exporter from India, earning the status of Export House from the Government of India.

- Quality Certifications: The company obtained QS 9000:1998, ISO 9001, ISO 14001, and TS16949 certifications, demonstrating its commitment to quality and high standards.

Product Range

AMCO Batteries offers a wide range of products, including ¹ ²:

- Automotive Batteries: For two-wheelers, cars, SUVs, MUVs, tractors, and commercial vehicles - Inverter Batteries: For backup power solutions - Genset Batteries: For industrial power generation - UPS Batteries: For uninterruptible power supply

Partnerships and Joint Ventures AMCO Batteries has partnered with leading companies like Yuasa Corporation and Saft to enhance its product offerings and technology. The joint venture with Saft, AMCO Saft India Limited, specializes in nickel-cadmium batteries for power backup systems and has supplied batteries to prominent projects like the Delhi Metro and Bangalore's Namma Metro ³.

Current Status

Today, AMCO Batteries is a market leader in the two-wheeler battery segment, supplying batteries to major OEMs like Honda, Hero MotoCorp, Bajaj Auto, and TVS. The company has a strong presence in both original equipment and replacement markets, with a large dealer network across India ¹.

 AMCO Batteries offers a wide range of products, including:

- Automotive Batteries: Designed for two-wheelers, cars, SUVs, MUVs, tractors, and commercial vehicles, ensuring instant start, long life, and trouble-free performance. - Inverter Batteries: Suitable for backup power solutions, providing reliable energy storage. - Genset Batteries: Ideal for industrial power generation, offering high-performance batteries. - UPS Batteries: Uninterruptible power supply batteries for critical applications.

Some specific products include ¹ ²:

- SMF Batteries: Sealed Maintenance Free batteries with high-quality polypropylene cases, known for durability and safety features. - Nickel-Cadmium Batteries: Custom-made, high-tech battery systems for power backup systems, manufactured by AMCO Saft India Limited, a joint venture between AMCO and Saft. AMCO Batteries has established itself as a leading manufacturer in India, supplying batteries to major OEMs and having a strong presence in both original equipment and replacement markets ³.

 AMCO Batteries Limited's financial performance is as follows ¹:

- Operating Revenue: The company's operating revenue ranges from INR 1 crore to 100 crores for the financial year ending on March 31, 2023. - Sales: For the financial year ending March 2024, the company's sales showed a decline of 72.64%. However, the exact sales figure isn't publicly available without subscribing to the company's financial reports. - Net Profit: The company reported a significant increase in net profit of 109.9% for the financial year ending March 2024.

To get more detailed information about AMCO Batteries' turnover, including specific financial figures, you may need to purchase a financial report or dashboard from a business information platform like Tofler.