Igarashi Motors India LtdNSE IGARASHI Stock Report

Igarashi Motors India Ltd. engages in the manufacture and sale of auto components for automobiles specifically for passenger cars. The company is headquartered in Chennai, Tamil Nadu and currently employs 669 full-time employees. The firm is engaged in the manufacture of components for automotive and non-automotive sector. The firm is a brushless DC Motor (BLDC) solutions provider in fast moving electrical goods (FMEG). Its standard printed circuit boards (PCB) are supplied with RF remote and Internet of things (IoT)-enabled features. Its product portfolio includes electric parking brake, trunk opening and closing device, and park lock actuators. Its EV traction motor platform has also been developed for electric vehicle applications. The firm has approximately nine manufacturing facilities and two logistics warehouses, which are located at MEPZ-SEZ, Chennai, and the Domestic Tariff Area Unit at Maraimalai Nagar.