What AVTEC does

AVTEC Limited is India's largest independent powertrain manufacturer, producing engines, transmissions (manual, powershift, automatic, and EV), and high-precision components for automotive, off-highway, defence, railway, and aerospace applications. The company was formalized in 2005 as a distinct entity within the CKA Birla Group, with manufacturing heritage tracing back to 1981 through a technical collaboration with Allison Transmission; subsequent partnerships with ISUZU (1984), Twin Disc (1988), and the 1999 Allison strategic alliance built its transmission and engine portfolio. The company operates three Indian manufacturing facilities — Hosur (headquarters and R&D), Pithampur (contract manufacturing with ~60K engines/year capacity, 5Cs in-house machining, NABL-accredited lab), and Chennai (MEPZ-SEZ export-oriented unit) — and owns ASSAG in Switzerland (acquired 2012), a pioneer in face gear technology supplying premium automotive, medical, industrial, and machine tool customers.

AVTEC generates revenue through contract manufacturing for global OEMs (Ford, Ashok Leyland, ISUZU, Daimler, Stellantis/PSA via PAPPL JV) and proprietary product sales, including off-highway transmissions (e.g., AOS 9800 Series at 3,300HP for oil field applications), EV gearboxes (single-speed, up to 10,000 rpm), and precision components (cylinder heads, blocks, crankshafts, camshafts, gears, shafts). The customer portfolio spans Ford, Ashok Leyland, ISUZU, Daimler, Caterpillar, BEML, Terex, EATON, ALSTOM, Indian Railways, HAL, BEL, and luxury OEMs (BMW, Audi, Porsche) via ASSAG, with an aftermarket spares business supported by a 819 sq. meter Parts Distribution Centre maintaining 95% first pick availability. The 2023 partnership with Saietta Group (UK) for end-to-end eDrive solutions and the 2017 PAPPL joint venture with Stellantis signal deliberate positioning for the EV powertrain transition while preserving the legacy ICE business. AVTEC is privately held, not listed on any stock exchange, and operates without external venture capital or private equity investment.

Name

AVTEC

Legal name

AVTEC Limited

Website

https://avtec.in

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

AVTEC is India's largest independent powertrain manufacturer, producing engines, transmissions (manual, powershift, automatic, EV), and precision components for automotive, off-highway, defence, and railway OEMs including Ford, Daimler, Caterpillar, and Stellantis, with manufacturing in India and Switzerland via its ASSAG subsidiary.

Ownership category

akta.pro rank

Product category

Automotive Powertrain Manufacturing

NAICS

Motor Vehicle Gasoline Engine and Engine Parts Manufacturing (336310), Engine, Turbine, and Power Transmission Equipment Manufacturing (33361), Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing (333612)

SIC

Engines & Turbines (3510)

akta.pro primary industry

Internal Combustion Engine (ICE) Manufacturing (Gasoline/Diesel) (IMACAHAA)

akta.pro secondary industries

Engine Components & Subsystems Manufacturing (Blocks/Heads/Valvetrain/Pistons) (IMACAHAB), Hybrid Powertrain Integration Manufacturing (ICE-HEV/PHEV modules) (IMACAHAJ)

Keywords

• Powertrain manufacturing
• Transmission components
• Engine manufacturing
• Precision auto components
• Off-highway transmissions

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Contract Manufacturing: AVTEC manufactures engines and transmissions on contract for OEMs including ISUZU, Ashok Leyland, Ford, Daimler, and Caterpillar. Pithampur plant has annual capacity of ~60K engines.
2. Proprietary Products: Sale of proprietary powertrain products including off-highway transmissions, automotive transmissions, and precision components under AVTEC brand.
3. Component Manufacturing: High-precision powertrain components including gears, shafts, cylinder heads, blocks, differentials, and housings sold to OEMs.
4. Parts Distribution (Spares): Aftermarket spares distribution through dealer network with $0.82 million war chest of spares maintained at any given time.

Go-to-market motion2 records

Distribution channels6 records

Marketing channels8 records

Core offering

AVTEC manufactures and supplies powertrain products including diesel and petrol engines, manual/powershift/automatic/EV transmissions, and high-precision components (cylinder heads, cylinder blocks, crankshafts, camshafts, gears, and transmission cases) for the automotive, off-highway, defence, railway, and agriculture industries. The company operates as a tier-1 OEM supplier through proprietary products and contract manufacturing for global OEMs.

Product overview

AVTEC is India's largest independent powertrain manufacturer offering a comprehensive portfolio of engines, transmissions, and precision-engineered components for automotive, off-highway, defence, agriculture, and railway industries. The product portfolio comprises four core business units: AVTEC Automotive (petrol/diesel engines and manual/EV transmissions for passenger cars, SUVs, and commercial vehicles), AVTEC Off-Highway (automatic and powershift transmissions for mining, construction, material handling, and railway applications), Engine and Transmission Components (high-precision components including cylinder heads, blocks, crankshafts, camshafts, gears, shafts, and synchropacks), and Defence Systems (automatic transmissions for track vehicles and artillery systems). The portfolio also includes ASSAG, a Swiss-based subsidiary providing proprietary face gear technology (Cylkro) and specialized drive systems for automotive, medical, industrial, and machine tools applications. AVTEC serves global OEMs including Ashok Leyland, BEML, Caterpillar, Daimler, Ford, ISUZU, PSA, and Stellantis, with manufacturing facilities in Hosur, Pithampur, and Chennai in India, and operations in Switzerland through ASSAG.

Differentiator

Problem solved

Functional benefit

Brands

• ASSAG: Swiss-based company and expert in drive technology, specializing in crown gear technology, face gears, and customized mechanical transmission solutions. A 100% subsidiary of AVTEC Limited.
• Cylkro
• Evolvere

Products and services

• AVTEC Automotive Engines and Transmissions Manufactures petrol and diesel engines, Manual Shift, Power Shift and EV transmissions for passenger cars, SUVs, and light and medium commercial vehicles. Includes proprietary and contract manufacturing capabilities for OEMs.
• AVTEC Off-Highway Transmissions Manufactures Power Shift and Automatic Transmissions for Off-Highway applications including mining, construction, material handling, railway, and airport ground support equipment.
• AVTEC Engine and Transmission Components Manufactures high-precision powertrain components including cylinder heads, cylinder blocks, crankshafts, camshafts, gears, shafts, and transmission cases for automotive and off-highway segments.
• AVTEC Defence Transmissions and Systems India's only automatic transmission manufacturer for defence track vehicles, supplying transmissions for infantry combat vehicles, splitter gearboxes for artillery systems, and transfer cases for tank modernization programs.
• ASSAG Drive Technology Swiss-based subsidiary specializing in face gear technology, mechanical transmissions, and rotating applications. Produces angular drives, planetary drives, differentials, and precision gears for automotive, medical, industrial, and machine tools applications.
• AOS 9800 Series Transmission Fully automatic/powershift transmission with 8 forward speeds for demanding oil field applications. Maximum input power of 3300HP and torque of 8851 LB FT.
• AH 8700 Series Transmission Fully automatic/powershift transmission with 7 forward and 1 reverse speeds. Maximum input power of 1200HP and torque of 3300 LB FT.
• CRT 5633 Transmission Unique transmission with 3 forward and 3 reverse gears designed for railway applications including OHE cars, track maintenance vehicles, and shunting locomotives. Net input power of 430 hp.
• Single-Speed EV Gearbox (150 Nm) Single-speed electric vehicle gearbox designed for high-speed EV motors with input speed up to 8500 rpm. Features high efficiency helical gear-train for LCV vehicles.
• 170 Nm Manual Transmission Constant mesh 5-speed manual transmission with maximum input torque of 180 Nm for light commercial vehicles with GVW of 2.5T.
• 210 Nm Manual Transmission Constant mesh 5-speed manual transmission with maximum input torque of 210 Nm for passenger cars, SUVs, and LCV vehicles with GVW of 3.5T.
• ATC 3000 Transfer Case Combines on-road and off-road handling for rear-wheel drive vehicles with all-terrain capability. Maximum input torque of 10000 Nm and input power of 600 hp.
• Synchropack Synchronizers Synchronizer assemblies for smooth gear shifting in manual and automated manual transmissions. Available in single and multi-cone configurations for automotive and off-highway applications.
• Power Transfer Unit (PTU) Drivetrain component for 4WD vehicles with maximum torque of 2700 Nm. Transfers power from transmission to front and rear axles for 6-speed automatic transmissions.
• 5/6600 Series Transmission Transmission available with 6 forward and 2 reverse speeds for mining and construction applications. Maximum input power of 550-710 HP.

Quantifiable outcome

• 95% First Pick availability maintained at Parts Distribution Centre
• +3 more outcomes

Named customers20 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Saietta Group PLC, UKcoreStrategic or Co-development Partner · 1 January 2023Collaboration with Saietta Group PLC, UK to develop and supply end-to-end eDrive solutions for Indian lightweight vehicles. AVTEC and Saietta will serve additional automotive customers in India and beyond, enabling EV transition.
• PSA Group (Stellantis) - PAPPL Joint VenturecoreStrategic or Co-development Partner · 1 January 2017JV signed between AVTEC and PSA (now Stellantis) to manufacture and supply powertrains. PAPPL (PSA-AVTEC Powertrain Private Limited) plant established for engine and transmission manufacturing. PSA signed license agreement with AVTEC in 2010 for engines.
• ASSAG, Switzerland (Acquisition)coreStrategic or Co-development Partner · 1 January 2012Acquisition of ASSAG, Switzerland - pioneers of face gear technology with over 40 years of expertise. 100% subsidiary of AVTEC. ASSAG is world leader in crown gear technology and leading enterprise for drive systems.
• PSA France (License Agreement)coreOEM/ Whitelabel/ Licensing Partner · 1 January 2010License agreement with PSA France for engines manufacturing in 2010.
• ISUZU MotorscoreTechnology or Integration · 1 January 1984Technical collaboration with ISUZU Motors started in 1984. Ongoing contract manufacturing relationship for diesel engines.
• Allison TransmissioncoreTechnology or Integration · 1 January 1981Technical collaboration with Allison Transmission started in 1981. Strategic Alliance with Allison Transmissions for Off-Highway Transmissions established in 1999.
• ESG International, USAminorChannel Partner/ Reseller/ DistributorAVTEC tied up with ESG International for utilization of their facility in Indianapolis USA for all supplies in and around United States.
• GAMMATIC sarl, FranceminorChannel Partner/ Reseller/ DistributorASSAG representation via GAMMATIC sarl in Bièvres, France for sales and support.
• Martin Brunner Antriebstechnik, GermanyminorChannel Partner/ Reseller/ DistributorASSAG representation via Martin Brunner Antriebstechnik in Durmersheim, Germany for sales and support.

Scale indicators11 records

Recent moves10 records

Expansion highlights5 records

Broad incumbents

• ZF Friedrichshafen: Germany-based global technology company supplying driveline and chassis technology, including a market-leading automatic transmission portfolio (8HP, 9HP, 10HP). ZF competes with AVTEC-ASSAG in passenger-car automatic transmissions and off-highway driveline systems, with substantially greater EV and software-defined vehicle capability.
• Eaton: US-headquartered global power-management company with a significant Vehicle Group segment making transmissions, clutches, and driveline components for commercial and off-highway vehicles. Eaton is a current AVTEC customer and competes broadly across AVTEC's off-highway and component segments, with deeper EV and electronics integration.

Direct peers

• Cummins India: Indian subsidiary of Cummins Inc., manufacturing diesel and natural gas engines, components, and power generation systems. Cummins India is the most direct Indian-headquartered peer to AVTEC's engine and powertrain business, with a comparable OEM customer base and significantly larger scale in the Indian market.
• Dana Incorporated: US-based global Tier-1 supplier of driveline, sealing, and thermal-management technologies for automotive, commercial-vehicle, and off-highway OEMs. Dana is a current AVTEC customer (component supply) and direct competitor in driveline components and precision gears for the same global OEM set.
• Allison Transmission: US-based global leader in fully automatic transmissions for on-highway, off-highway, and defence vehicles. Allison is simultaneously AVTEC's longest-standing technology partner (since 1981, strategic alliance since 1999) and its most direct competitor in the heavy-duty automatic transmission segment AVTEC targets with its AOS 9800, AH 8700, and 5/6600 series.

Regional players

• Bharat Forge: India's largest auto-components and forging company, supplying powertrain and chassis components to global OEMs. Bharat Forge is the closest Indian pure-play peer in precision-engineered powertrain components (crankshafts, connecting rods, gears), directly comparable to AVTEC's '5Cs' component manufacturing and contract-manufacturing model.
• Motherson Sumi Systems (Samvardhana Motherson): India's largest automotive component manufacturer supplying wiring harnesses, modules, and polymer products to global OEMs. While not a direct powertrain peer, Motherson is a relevant Indian auto-component comparator for scale, OEM relationships, and global manufacturing footprint analogous to AVTEC's.
• Endurance Technologies: India-based manufacturer of automotive components including transmission parts, engine components, and aluminium die-castings for two-wheelers, passenger cars, and commercial vehicles. Endurance is a relevant Indian peer for AVTEC's component manufacturing and contract-manufacturing model serving similar OEM customers.
• Sundaram Fasteners: India-headquartered manufacturer of high-precision automotive fasteners and powertrain components (including gears, shafts, and sintered parts) for automotive and off-highway OEMs. Closely comparable to AVTEC's precision components business unit in terms of customer base, manufacturing approach, and export orientation.

Emerging players

• Saietta Group: UK-based specialist in axial-flux electric motors and complete eDrive solutions for lightweight EVs. Saietta is AVTEC's eDrive partner (signed 2023) and a peer in the India LCV/3W EV powertrain opportunity, bringing motor technology while AVTEC provides gearing, integration, and Indian market access.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/AvtecLtd
• YouTubeyoutube.com/user/avteclimited
• Facebookfacebook.com/avteclimited
• LinkedInlinkedin.com/company/avtec-ltd
• Instagraminstagram.com/avtec_limited

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AVTEC