In 1984, three enterprising engineers – Rajendra Bagwe, Devendra Bapat and Amol Chitnis – after a few years of industrial experience, decided to make it on their own and set up their first industrial venture by the name of “Reliable Engineers” to manufacture pressed components mainly for the automobile industry. In 1989, its constitution was changed and Reliable Technocrats Pvt. Ltd. (RTPL) was formed.
Until 1998, Mahindra and Mahindra was RTPL’s largest customer and had the potential of offering a sizeable business for the larger pressed components. However, RTPL had power presses of only up to 150 tons and hence could not tap into this large market. Space was another major constraint. To realise these new opportunities, Reliable Autotech Pvt. Ltd. (RAPL) was created. RAPL manufactured heavy pressed parts, components for Mahindra and Mahindra such as front and rear doors, brake parts, brackets.
In 2003, RAPL ventured into the Farm Equipment sector by manufacturing the front axle assembly and hood assembly for the tractor division of Mahindra and Mahindra. RAPL further expanded its business horizons and undertook export of valve components to Fischer Control, USA.
In 2004, after gaining knowledge of the intricacies of export trade, RAPL set-up a dedicated export unit equipped with power presses from 40 tons to 160 tons capacity, a CNC machining facility, welding robots, CNC Coordinate Measuring Machine. The set-up, today, caters to OEMs in USA, UK and Europe and has been granted “One Star Export House” status by DGFT, Pune based on its export performance of previous years.
With the business volumes growing, space remained a big constraint at both plants. In 2006-07, RAPL acquired the adjacent plots at both units and augmented its production capacity substantially.
At the same time, RAPL decided that it was prudent to undertake further future expansions at Pune. The city becoming a major hub for auto components with the presence of vehicle manufacturers such as Tata Motors, Bajaj Auto, Mahindra Navistar Automotives, Volkswagen, Benteler Components.
RAPL acquired a 10 acre plot in MIDC Chakan, Pune and dedicated a part of the area to setup a state of the art R & D facility. The facility commenced commercial operations in June 2006. In October 2008, the production facility with heavy tonnage presses, welding robots became operational by manufacturing and assembling fenders and hoods for John Deere, Pune.
In 2014, Reliable has established a new manufacturing setup in Sanand GIDC, 30 Km away from Ahmadabad City, Gujarat State. This plant caters to the automobile OEMs in the western region. It is equipped with 1250 Ton Transfer press and 630 Ton progressive Press facility at this location.
Today, after 35 years of steady growth, Reliable is a force to be reckoned with. Reliable is fast becoming a benchmark for other manufacturing companies in India by excelling in all areas of business and society.