Danblock Brakes India Pvt. Ltd. is a part of MAT Holdings, Inc of USA, which is $700million (Rs.3200 crores) diversified group established in 1984 , now having over 30 manufacturing and warehousing plants throughout Asia , Europe and the USA.
In India, the group has been expanding its activities on an exponential scale in the form of 100% E.O.Us, manufacturing Automotive Brake pads at Sonepat, Haryana.
Danblock Company of this group in India which was incorporated on 30th July, 2007 has been set up with an investment of about 100 crores. It has modern state- of- the- art manufacturing plant to produce 40 million disc brake pads every year.
Dr. Steve Wang, the Group chairman of MAT Holdings; Inc USA inaugurated the company by cutting ribbon. He has ambitious plans to expand the group activities substantially in India during the course of 2010. He said “Danblock manufactures high quality brake pads for cars and commercial vehicles. The quality is based on long-term investments in scientific research, product development and on the use of state-of-the-
Mr. K. Pandarinath, Managing Director of Danblock said “His plant is the largest brake pad manufacturer in Asia. Currently Danblock is a 100% Export Oriented Unit catering to the American market but has plans to cater to the Indian automotive market also very shortly.”
Other guests who were present at inauguration were Mr. George Ruhl: President & COO (MAT Holdings;- USA); Mr. Craig Gordon : Vice - President & General Manager - G R I E and Mr. Shanti Rewri : Executive Advisor - MAT Cos. India.
Function was concluded with light fusion music (Shennai, Violin and Saxophone jugalbandi) which enthralled the guests.
