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Setco Automotive Limited ( (IN:SETCO) ) just unveiled an update.
Setco Automotive Limited has announced a strategic collaboration between its subsidiary, Setco Auto Systems Pvt. Ltd., and Visvesvaraya National Institute of Technology (VNIT), Nagpur, to drive joint research and innovation in automotive technology. This partnership aims to foster industry-academia synergy, focusing on next-generation automotive systems, including drivetrains, electric mobility, and sustainable vehicle solutions. The collaboration will also establish a dedicated Clutch Research Laboratory at VNIT, providing students with practical industry exposure. This initiative is expected to enhance Setco’s R&D capabilities and contribute to the development of advanced, sustainable mobility solutions, while nurturing young engineering talent.
More about Setco Automotive Limited
Setco Automotive Ltd, established in 1982, is a leading manufacturer of medium and heavy commercial vehicle (MHCV) clutches and a premium supplier of truck products. The company offers a diversified product portfolio including brake linings, clutches, flywheels, lubricants, release bearing assemblies, and universal joints. With five manufacturing units and a presence in the US, UK, SAARC, and the Middle East, Setco caters to a global market. Its R&D facilities in India and the UK are equipped with advanced tools for product development and testing.
Average Trading Volume: 10,978
Technical Sentiment Signal: Hold
Current Market Cap: 2.08B INR
For a thorough assessment of SETCO stock, go to TipRanks’ Stock Analysis page.