JM Frictech plans to achieve Rs 1,000 revenue in three years
Chennai-based auto component maker JM Frictech India Pvt Ltd (JMI) aims for Rs 1,000 crore revenue in the next two-three years, driven by the rising demand for hydrostatic transmission and wet clutch components in India as well as in abroad. Out of the Rs 1,000 revenue, the company aims Rs 350 income from export in the next two-three years, betting highly on hydrostatic transmission demand in the European markets.
The hydrostatic transmission is a vehicle without clutch and gear attached to it.
