About AVTEC
AVTEC is a company based in Delhi (India) founded in 1994 was acquired by Motorola Solutions in March 2019. The company has 683 employees as of March 23, 2024. AVTEC has completed 1 acquisition, including ASSAG. AVTEC offers products and services including Engines, Transmissions, Cylinder Heads, and Cylinder Blocks. AVTEC operates in a competitive market with competitors including Cummins, UNO Minda, Endurance Technologies, Illinois Tool Works and Pricol, among others.
- Headquarter Delhi, India
- Employees 683 as on 23 Mar, 2024
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Sectors
Transportation, Automotive & LogisticsIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Avtec Limited
- Date of Incorporation 08 Feb, 2005
- Jurisdiction M.P, Madhya Pradesh, India
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Annual Revenue
$49.5 M (USD)-7.48as on Mar 31, 2023
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Net Profit
$2.61 M (USD)-77.18as on Mar 31, 2023
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EBITDA
$4.32 M (USD)-19.82as on Mar 31, 2023
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Latest Funding Round
Not available
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Investors
Motorola Solutions
& 1 more
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Employee Count
683
as on Mar 23, 2024
- Investments & Acquisitions
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Acquired by
Motorola Solutions
(Mar 11, 2019)
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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.
People of AVTEC
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Funding Insights of AVTEC
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.
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Multi-stage private equity investments are pursued across diverse sectors.
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Communication technology provider
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Investor details for AVTEC
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Investments & Acquisitions by AVTEC
AVTEC has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ASSAG.
Investment portfolio details for AVTEC
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Automotive powertrain components are manufactured and supplied by ASSAG.
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Complete acquisition details for AVTEC
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Financial Statements - AVTEC
Detailed financials for AVTEC
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- Profit trends
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Avtec Comparisons
Peer comparison for AVTEC
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Competitors of AVTEC
AVTEC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cummins, UNO Minda, Endurance Technologies, Illinois Tool Works and Pricol, among others.
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Manufacturer of gas-powered construction equipment
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Manufacturer and supplier of major auto components to OEMs and tier 1 companies
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Auto components including suspension and braking systems are manufactured.
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Major auto components are manufactured and supplied to OEMs.
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Electronic components for automotive applications are manufactured.
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Provider of design & development of electrical powertrain systems for automotive applications
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Detailed competitors of AVTEC
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Latest news on 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.
As of Mar 23, 2024, the latest employee count at AVTEC is 683.
Annual revenue of AVTEC is $49.5M as on Mar 31, 2023.
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 Cummins, UNO Minda and Rane Group.
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.