Amco Batteries

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Amco Batteries Limited
Company type Public
Industry Battery
Founded1932
Headquarters Chennai, Tamil Nadu, India
Key people
Ramachandra S [1] (CEO)
Products Automotive batteries, inverter batteries, genset batteries, UPS batteries
Parent Amalgamations Group
Website www.amco.co.in

AMCO Batteries Limited, headquartered in Chennai, Tamil Nadu, [2] [3] is an automobile and commercial battery manufacturing company. Founded in 1932, it is a part of Rs. 15,000-crore Amalgamations Group, one of India's largest light engineering groups. [4] [5] Today, AMCO is the leading supplier of two-wheeler batteries to companies like Honda, Hero Motor Corp, Bajaj Auto, TVS, Yamaha, Royal Enfield, Mahindra Two Wheelers etc. It also supplies four-wheeler batteries to TAFE Tractors, Eicher Tractors, Sonalika Tractors etc.

Contents

The product profile of AMCO includes automotive, inverter, genset, and UPS batteries. It manufactures a wide variety of batteries across all these product categories. AMCO is a market leader in the two-wheeler battery segment[ citation needed ] with most of the two-wheelers coming with AMCO Battery's O.E, fitment. The company also manufactures four-wheeler batteries with a product range consisting of factory-charged, dry-charged, and maintenance-free batteries.

History

Founded by Becken Bain, a German national, AMCO became part of Amalgamations Group in 1955. AMCO began operations under the stewardship of the late S Anantharamakrishnan. The company saw exponential growth and expansion under the leadership of late Chairpersons, Dr. A. Sivasailam and Ms. Jayshree Venkataraman. [6]

It was the leading automotive battery manufacturer in the country. AMCO was the trendsetter in introducing two-wheeler batteries in India and was the first company to launch the two-wheeler polypropylene batteries in the years 1984–85. AMCO has got QS 9000:1998, ISO 9001, ISO 14001 and TS16949 certifications which were proof of its quality and high standards.

Products

AMCO manufactures products mainly in four ranges: automobile batteries, inverter batteries, UPS batteries, and genset batteries. Under the automobile battery range, AMCO manufactures batteries for two-wheelers, cars/SUVs/MUVs, tractors, and commercial vehicles.

Milestones

1932

1955

1964

1971

1974

1976

1980

1984  

1985–86

1992

1993

1994–96

2004 

2005 onward

Amalgamations Group

Amalgamations Group, founded in the year 1938, is an Indian business conglomerate based out of Chennai. The Group has companies operating across diverse industries. The Group has an interest in Manufacturing, Plantations, Trading, and Distribution and Services. [12] It is among India's top Light Engineering Conglomerates. [12] The group has 47 companies under its fold which operate 50 manufacturing plants. The most notable companies of the group are Tractor and Farm Equipment Limited (Better known as TAFE), Simpsons & Company, T Stanes & Co, AMCO Batteries, Higginbotham's, and Addisons Paints.

The group's history traces back to the year 1935 when Mr. Sivasailam Anantharamakrishnan joined the Simpsons Group, a British-owned South Indian business conglomerate, as Secretary in 1935. In the year 1938, he was one of the three directors on the board when Simpsons formed a holding company. [13] It was converted into a public limited company the next year, which later became Amalgamations Group in 1941. In the 1940s Anantharamakrishnan lead the rapid expansion of the group, even though he became its Chairman only in the year 1953. [13]

The Amalgamations Group after acquiring 100-year-old Simpsons in 1941, started acquiring several prominent old companies of South India like Higginbotham's, Associated Printers, Associated Publishers, Addison & Co., SRVS, George Oakes, T.Stanes, The United Nilgiri Tea Estates and Stanes Amalgamated Estates. [14] [15] From the 1950s onward the group's auto component manufacturing companies have supplied products to all the major OEM suppliers, helping them in reducing dependence on imports. The Group companies have formed several alliances with international partners to boost their technological capabilities. These alliances along with internal innovation, R & D and continuous zeal for New Product Development have led to group companies gaining a good share in the "After Sales Market" as well.

References

  1. "Ramachandra S – LinkedIn" . Retrieved 31 July 2016.
  2. "Amco Batteries". Company Wiki. Archived from the original on 2 June 2016. Retrieved 3 May 2016.
  3. "Amco Batteries". The Hindu, 21 April 2006. Retrieved 3 May 2016.
  4. "Amalgamations Group". Forbes India. Archived from the original on 18 March 2016. Retrieved 3 May 2016.
  5. "Company Overview of Amalgamations Group". Bloomberg. Retrieved 3 May 2016.
  6. "Jayshree Venkatraman is Chairman of Amco Batteries". The Hindu. 9 March 2011. Retrieved 4 May 2016.
  7. Venkataraman, P. (29 May 2024). Industrial Relations. APH Publishing. p. 91. ISBN   978-81-313-0072-5.
  8. "Amco Batteries". The Hindu. Retrieved 3 March 2016.
  9. "Amco Batteries' Hebbal Plant". Hindustan Batteries. Retrieved 3 May 2016.
  10. "Amco YUASA partnership". Economic Times. Retrieved 3 May 2016.
  11. "Amco, Yuasa Corp to part ways, end alliance". Economic Times, 10 March 2005. Retrieved 3 May 2016.
  12. 1 2 "Amalgamations Group". Bloomberg. Retrieved 4 May 2016.
  13. 1 2 "Business Standard". He oversaw Amalgamations Group's rise to a Rs 7k-cr giant. 14 January 2011. Retrieved 13 May 2016.
  14. S, Mutiah (29 May 2024). Madras Miscellany. Chennai. ISBN   9789380032849.{{cite book}}: CS1 maint: location missing publisher (link)
  15. "Live Mint". 1844 Higginbotham’s | First edition. Retrieved 13 May 2016.