Latest News
- Chrysler Pacifica Marks Seven Years As Most Awarded Minivan With New Campaign
- Nissan Magnite Achieves 1 Lakh Unit Sales Milestone: Consistency Helps
- Log9 Unveils Amphion & Nexmile – Revolutionizing EV Asset Management
- 2025 Cayenne GTS Unveiled: V8 Power And Advanced Dynamics In New Porsche Models
- Vanessa Williams Moderates Panel To Support Parkinson’s Awareness With Drive Toward A Cure
- India's Car Exports Surge In 2023-24: Maruti Suzuki Leads The Way
- 2024 Isuzu D-Max V-Cross Facelift: What To Expect From The Latest Updates
- Suzuki Access Electric To Electrify The Indian Scooter Market By 2024
- Bajaj Pulsar 400 Teaser Out – Launch Date & Other Details
- Tata Motors Rolls Out New Bi-Fuel Tata Magic Van, Aiming At Eco-Friendly Transportation
Setco Automotive Promote Udit Sheth As Joint MD
Setco Automotive, the flagship company of The Setco Group has announced that Udit Sheth has been promoted from Executive Director to the company's joint Managing Director.
This announcement was made during a Board of Directors meeting, and Sheth will take up his new role, effective immediately.
Setco manufactures clutches for medium and heavy commercial vehicles in India. The company claims to be among the top 3 spots in terms of volume.
The company caters to almost 85 percent of MHCV Clutch demand in India and also supplies to a few of India's leading commercial vehicle manufacturers.
Udit Sheth joined Setco Automotive as the company's Executive Director in 2002, when the company used to generate an annual turnover of INR 10 crore. With Sheth's strategic initiatives over the years, the company now makes an annual turnover of around INR 500 crore.