Mitsubishi Heavy Industries India Precision Tools Ltd. Unlisted Shares

MHI-IPT is now India’s largest manufacturer of Gear Cutting Tools and Broaches, featuring the most advanced precision technologies and commanding the largest market share. Its product range includes Hobs, Gear Shaping Cutters, Gear Shaving Cutters, Master Gears, Rotary Cutters, Spline Broach and various other types of Broaches, used in the manufacturing of various automotive and engineering components.

Mitsubishi Heavy Industries Machine Tool Co., Ltd. acquired S.R.P. Tools Ltd., India a 42-year-old company and also the leader in the manufacturing gear cutting tools and broaches in the country, in May 2005 and thus Mitsubishi Heavy Industries India Precision Tools Ltd was formed. This unit is now functioning as a subsidiary of Mitsubishi Heavy Industries Machine Tool Co., Ltd.

About S.R.P Tools Limited
S.R.P Tools Limited was started in the year of 1965. It started the first factory in Chennai, India for manufacturing conventional cutting tools. It signed an agreement with Mitsubishi Heavy Industries Machine Tool Co., Ltd. for the technical collaboration to manufacture gear cutting tools and broaches in the year of 1972.

S.R.P Tools Limited’s second factory was started at Ranipet in the year of 1974 for manufacturing Gear Hobs, Shaper cutters, and Broaches. Later, it started manufacturing of Gear Shaving Cutters, Rotary cutters for straight bevel gears and Master Gears.

S.R.P Tools Limited obtained ISO 9001-1987 certification in 1994 and India’s first unit to obtain ISO 9000 certification for Gear Cutting Tools and Broaches. It added CNC machines for profile grinding of Gear Hobs, Shaper cutters, and Broaches.

Capacity Expansion
MHI-IPT expanded its plant capacity in 2007-08 by adding many CNC machines and conventional machines, to make more than double its production capacity to cater to the needs of its customers.

Support from Japan
MHI-IPT draws upon MHI Japan’s strengths in the use of advanced materials technology and its knowledge base as MHI Japan is the only manufacturer of gear cutting tools, who also manufactures machines to produce these gear cutting tools, as well as the gear cutting machines on which they are consumed, to produce gears for the automotive industry.

Clients of the Company

A) Two Wheeler
Bajaj auto ltd
Hero motocorp limited
Honda motorcycle & scooter india pvt.ltd
India yamaha motor pvt.ltd
Mahindra 2 wheelers ltd
Royal enfield (a unit of eicher motors)
Suzuki motor cycle india pvt.ltd
T.v.s.motor company limited

B) Three Wheeler
Bajaj auto ltd
Mahindra & mahindra ltd.(automotive sector)
Scooters india ltd
T.v.s.motor company limited

C) Passenger Car
Force motors ltd
Ford india pvt.ltd
Hyundai motor india ltd
Mahindra & mahindra ltd.(automotive sector)
Maruti suzuki india ltd
Renault nissan automotive india pvt.ltd
Tata motors ltd
Toyota kirloskar auto parts pvt.ltd

D) Heavy Commercial Vehicle
Ashok leyland limited
Daimler india commercial vehicles pvt.ltd
Force motors ltd
Mahindra & mahindra ltd.(automotive sector)
Tata motors ltd
Ve commercial vehicles ltd

E) Tractors
Escorts limited
International tractors limited
Mahindra & mahindra ltd. (farm divison)
Swaraj division tractor
Tractors & farm equipment ltd

F) Non-Auto Sector
Bharat earth movers ltd
Bonfiglioli transmissions pvt.ltd
Caterpillar India Pvt ltd
Diesel loco modernization works
Diesel locomotive works
Engine factory
Heavy vehicles factory
Larsen & Toubro limited
Vehicle factory
Zf wind power Coimbatore limited