Clutch maker Setco eyes plant in Russia, to foray into LCV and farm equipment standard

Setco Automotive, the largest clutch supplier to the medium and heavy commercial vehicle (MHCV) segment, is not only eyeing a foray into the light commercial vehicles (LCV) and farm equipment space within the next six months, but also exploring options to set up an assembly plant in Russia. The company already operates two assembly units overseas, one in Manchester, UK and another in Nashville, Tennessee, US. “We operate in a hub-and-spoke mode. Our main plant is in Kalol, Gujarat, which supplies to assembly plants in the UK, the US and also in Uttarakhand. We are exploring opportunities to set up an assembly plant in Russia as well, and are working with OEMs (original equipment manufacturers) on that front,” said Udit ...

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