Avlock India's Annual meet was held in April 2022, wherein we focused on reviewing our last year’s progress and strategies to grow the business along with growing demand of INR 460 bn worth fastener industry. Our Heavy, Light & SFC division have shown tremendous growth in last FY 2021-22 by 78%, 87% and 34% respectively. In order to achieve our goal of reaching the coveted mark in terms of revenue by 2025, we need to start with a small amount. This financial year we are aiming high and by the end of the second quarter we have already crossed more than half of our targets, which has been made possible only due to our sales team’s constant hard-work and dedication towards Avlock India’s aspirations.
As one of the major tier 3 suppliers to top Automotive & Rail wagon manufacturers, our intent is to become leading fastener provider for Whitegoods, Bus Body Builders, Electrical, Medical and Construction Businesses also. Our expert engineers have even listed out several new applications for the trending Electric Vehicle industry. The use of our fasteners, installation tools & sealing-flow control solution eventually reduces machining process & provide even more sturdy and durable fastening & sealing solutions.
Sales meet ended with lots of excitement and boosted morale of all our employees. With the kind of determination displayed by our team members, we are sure to reach our target within stipulated time in each of the upcoming year ahead.