Apex Auto Limited is a publicly quoted company with a number of shareholders, both Indian and Foreign. Promoted by Mr. Atul Taunk in 1995 with a modest capital outlay of Rs. 342 lakhs, Apex today has a capital outlay of Rs. 1200 lakhs. A growth of over 350% per anum. Achieved by producing thousands of dynamically stressed machined components for the construction equipment industry.
The raison d''etre of Apex is that the emerging scenario in post liberalized India indicated that the nation was poised to go in for massive infrastructure building: roads, super highways, ports, power projects, and so on. This would put immense pressure on manufacturers of earth-moving equipment. Apex eases the load on them by supporting the industry with precision engineered sub-assemblies and major assemblies that can go directly into their equipment, such as revolving frames, main frames, booms, arms, dozers, buckets, and so on.
As a case in point, were proud to have been entrusted with the single share of business for all major fabrications that go into the making of TATA Hitachi''s top selling excavators, the EX-60.er the last 5 years, we have fabricated more than 10,000 components of this particular model alone.