About AVTEC
AVTEC is a Transportation, Automotive & Logistics company based in Delhi (India) founded in 1994, and was acquired by Motorola Solutions in March 2019. Powertrain components for automotive and off-highway sectors are manufactured. It operates in the Transportation, Automotive & Logistics and Industrial Goods & Manufacturing sectors. The company has 216 employees. AVTEC has completed 1 acquisition, including ASSAG. Its Indian entity Avtec Limited reported revenue of ₹335 Cr. AVTEC offers products and services including Engines, Transmissions, Cylinder Heads, and Cylinder Blocks. Its focus areas include Auto, Auto Components, Multi Category and Retail. Its competitors include UNO Minda, Endurance Technologies and Pricol; 2 of its 3 listed competitors have raised funding.
Company details
AVTEC was established in 1994 in Delhi, India, as a manufacturer of powertrain components for automotive and off-highway applications. Engines, transmissions, and precision parts such as cylinder heads, blocks, crankshafts, and gears are designed and produced. Supplies are provided to original equipment manufacturers in automotive, defense, agriculture, and railway sectors, both domestically and internationally. Operations cover the full value chain from design through production.
- Headquarters Delhi, India
- Employees 216
- Stage Acquired
- SectorsTransportation, Automotive & LogisticsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website avtec.in
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Motorola Solutions (Mar 2019)
- Legal Name Avtec Limited
- Date of Incorporation 08 Feb, 2005
- Jurisdiction Madhya Pradesh, India
- Annual Revenue₹335 Cr
FY 2026 · +13% YoY
- Net Loss-₹18.45 Cr
FY 2026 · -5% margin
- EBITDA₹40.46 Cr
FY 2026 · 10% margin
- InvestorsMotorola Solutions
& 1 more
- Employee Count216
- Investments & Acquisitions
- Acquired byMotorola Solutions
(Mar 2019)
Associated legal entities of AVTEC
AVTEC operates through Avtec Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Avtec Limited CIN U34103MP2005PLC017319 | Active | 08 Feb 2005 | ₹335 Cr | 683 | 9 | View details |
Products & Services of AVTEC
AVTEC offers a comprehensive portfolio of products and services, including Engines, Transmissions, Cylinder Heads, and Cylinder Blocks.
Manufactures engines for automotive and off-highway applications.
Produces transmissions for vehicles and machinery.
High-precision parts for engine assemblies.
Engine components for automotive and industrial use.
Apps and channels of AVTEC
its YouTube channel AVTEC Ltd has 497 subscribers and 22 videos.
Videos from AVTEC
The most watched videos on AVTEC's YouTube channel, AVTEC Ltd (497 subscribers). Click a video to play it here.
More on AVTEC Ltd.
Funding Insights of AVTEC
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of AVTEC with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2013 | Private Equity Round | – | – |
2 investors in total: 2 institutional.
Investors in AVTEC
AVTEC has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Motorola Solutions and Warburg Pincus.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multi-stage private equity investments are pursued across diverse sectors. | 1966 | warburgpincus.com | New York, United States | |
Communication technology provider | 1928 | motorolasolutions.com | Chicago, United States |
Investor details for AVTEC
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Board of directors of Avtec Limited (AVTEC)
Avtec Limited is the primary company behind AVTEC. The board of Avtec Limited currently have 6 directors; the longest-serving is Ananthanarayanan Sankara Narayanan, appointed in 2005. 24 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ananthanarayanan Sankara Narayanan DIN 00385632 | Nominee Director | 28 Jun 2005 | 21 yrs 4 mo | Avtec Limited |
| Chandrakant Birla DIN 00118473 | Nominee Director | 28 Jun 2005 | 21 yrs 4 mo | Avtec Limited |
| Srinivasa Varadhan Tirumalai Echambadi DIN 00263942 | Director | 08 May 2015 | 11 yrs 6 mo | Avtec Limited |
| Rajat Mukherjee DIN 03431635 | Director | 17 Feb 2020 | 6 yrs 8 mo | Avtec Limited |
| Tejkrishan Rammurti Rajput DIN 07473224 | Managing Director | 06 Sep 2023 | 3 yrs 2 mo | Avtec Limited |
| Abhilasha Mimani DIN 06932590 | Director | 24 Mar 2025 | 1 yr 7 mo | Avtec Limited |
People of AVTEC
23 people are tracked at AVTEC (6 in leadership, 3 in board & advisors, 14 in team); the tracked headcount is 216.
| Name | Role | Group |
|---|---|---|
Anitha Manikantan | Chief Human Resources Officer | Leadership |
Shivakumar B | Asst. General Manager - Strategic Sourcing | Leadership |
Narasimhan Natarajan | Chief Financial Officer | Leadership |
Dr Vikas Manjrekar | Executive Vice President | Leadership |
Mukundan Sudarsanam | Associate Vice President- Sales & Marketing | Leadership |
Sathyanarayana Pvv | Vice President And Head Of Research & Development | Leadership |
Manjira Khurana | Director | Board & advisors |
| Director | Board & advisors | |
Ck Birla | Chairman | Board & advisors |
Ashok Kumar Jain | Assistant Manager Finance & Accounts | Team |
Kulasekararajan Sayee Manoharan | Production Manager | Team |
Nandhakumar Nandhakumar | Maintenance Manager | Team |
Deepak Sisodiya | Manager Finance | Team |
Amit Das | Plant Engineering Manager | Team |
Alwin Vinoth | Assistant Manager-r&d / CAE | Team |
Vandana Wilson | Senior Officer | Team |
Iftekhar Khan | NPD Quality Engineer | Team |
Manish Dhanak | Quality Department | Team |
Akhil Narang | Manager- Manufacturing Operations | Team |
Mahadev Rao | Seniorr Manager Industrial Engineering | Team |
3 more people are available in the full profile.
Complete people profiles for AVTEC
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
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Financials of AVTEC
Figures of Avtec Limited, the primary company behind AVTEC, for FY 2026. Revenue was ₹335 Cr (+13% year on year). Net loss was -₹18.45 Cr (-5% margin). EBITDA was ₹40.46 Cr (10% margin). Revenue has grown at a compounded annual rate of -1% over three years and +3% over five years.
- ₹335 CrRevenue · FY 2026 · +13% YoY
- -₹18.45 CrNet loss · -5% margin
- ₹40.46 CrEBITDA · 10% margin
- ₹26.56 CrPaid-up capital
- 683Employees (provident fund records)
- -1%Revenue CAGR, 3 years
- +3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Avtec Limited are on its company page.
Detailed financial statements for AVTEC
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Investments & Acquisitions by AVTEC
AVTEC has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ASSAG.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Automotive powertrain components are manufactured and supplied by ASSAG. | assag.ch | Dudingen, Switzerland | 1979 | May 2012 | •••• |
Complete acquisition details for AVTEC
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Complete history
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Timeline of AVTEC
4 dated milestones of AVTEC across 25 years, from founding to its latest funding, stage changes and deals.
- Founded AVTEC is founded.
- Acquisition Acquires ASSAG.
- Funding First funding round.
- Exit Acquired by Motorola Solutions.
Competitors of AVTEC
AVTEC has 3 listed competitors in our database, 2 of them funded. They include UNO Minda, Endurance Technologies and Pricol.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| unominda.com | 1958 | Gurugram, India | $259.53M | 2,509 | Manufacturer and supplier of major auto components to OEMs and tier 1 companies | |
| endurancegroup.com | 1985 | Aurangabad, India | $104M | 4,070 | Auto components including suspension and braking systems are manufactured. | |
| pricol.com | 1975 | Coimbatore, India | 1,876 | Electronic components for automotive applications are manufactured. |
Detailed competitors of AVTEC
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- Full competitor set
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Web traffic of AVTEC
The website of AVTEC (avtec.in) receives about 2K visits a month.
- Monthly visits2K
▼ 6.4% vs previous month
Websites whose visitors overlap most with AVTEC. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| commercialvehicle.in | 100% | 11.5K | #2,342,562 | View details | |
| woodheadsprings.com | 98% | View details | |||
| anandgroupindia.com | 93% | 26.7K | #975,034 | View details | |
hmambassador.com | hmambassador.com | 91% | – | ||
| automartindia.com | 91% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for AVTEC
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- 17 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Automotive Manufacturing & Components
3 companies that operate in the same segment as AVTEC (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles | 1994 | Mumbai, Maharashtra, India | USD 137.89 M | USD 24.41 B | 33,980 | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | USD 34.18 M | 177 |
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Related news about Avtec
Complete news archive for AVTEC
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Frequently Asked Questions about AVTEC
AVTEC was founded in 1994 and raised its 1st funding round 19 years after it was founded.
AVTEC is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
AVTEC has 216 employees.
The primary company behind AVTEC, Avtec Limited, reported revenue of ₹335 Cr for FY 2026, up 13% year on year.
AVTEC was established in 1994 in Delhi, India, as a manufacturer of powertrain components for automotive and off-highway applications. Engines, transmissions, and precision parts such as cylinder heads, blocks, crankshafts, and gears are designed and produced. Supplies are provided to original equipment manufacturers in automotive, defense, agriculture, and railway sectors, both domestically and internationally. Operations cover the full value chain from design through production.
AVTEC's top competitors include UNO Minda, Endurance Technologies and Pricol.
AVTEC offers Engines, Transmissions, Cylinder Heads, and Cylinder Blocks.
AVTEC has made 1 acquisition, including ASSAG.
AVTEC has 2 investors. Key investors include Motorola Solutions, and Warburg Pincus.
AVTEC operates through Avtec Limited.
Yes. AVTEC was acquired by Motorola Solutions in March 2019.
The legal entities of AVTEC currently have 9 directors, including Rajat Mukherjee, Srinivasa Varadhan Tirumalai Echambadi, Ananthanarayanan Sankara Narayanan and others.