Rockman Industries
From Wikipedia, the free encyclopedia
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| Formerly | Rockman Cycles Limited |
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| Industry | auto components manufacturing |
| Founded | 1960 |
| Headquarters | , India |
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| Products |
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| Website | www |
Rockman Industries, formerly Rockman Cycles limited, is an Indian auto components manufacturer, based in New Delhi, India. The company is one of India's largest auto component manufacturers.[1] Rockman Industries is primarily engaged in the manufacturing of aluminum die casting components, machined and painted assemblies, auto chains and parts.[2] In January 2017, Rockman Industries entered the carbon composites sector with the acquisition of Moldex Composites, a UK-India carbon composite design and manufacturing company.[3] Rockman was founded in 1960 and is led by Suman Kant Munjal, Chairman[4] and Ujjwal Munjal, Managing Director.[5]
A part of the Hero Group, Rockman Industries (formerly Rockman Cycles limited.[6]) was set up in 1960[6] and started to manufacture bicycle chains and hubs for Hero Cycles.[7] In 1999,[8] it diversified into high pressure aluminium die cast components and automotive chains for Hero MotoCorp (Erstwhile Hero Honda). In 2005[7] it closed the bicycle chains and hubs business and from November 2005, is only manufacturing die casting components and auto parts. In 2008,[9] Rockman Industries set up a new auto components plant in Uttaranchal. In February 2014, Rockman Industries acquired Sargam Die Casting company[10] and started its new facility at Bawal (Haryana). In January 2017, Rockman Industries acquired a majority stake in Moldex Composites to enter the aerospace, motorsport and high-end auto component manufacturing space.[11] In 2019, company inaugurated two new plants at Vadodara and Tirupati. In Tirupati plant company is manufacturing four wheeler alloy wheels.