Hindustan Hardy Limited, formerly known as Hindustan Hardy Spicer Limited, was established as a Public Limited Company on October 16, 1982. The company specializes in the design and manufacture of Propeller Shafts and related accessories for various sectors including automotive, industrial, and agricultural applications.
Under a 10-year technical license agreement with Glenkwellenban GmbH (GWB) and a techno-marketing consultancy arrangement with XLO India Ltd, the company benefits from expertise in propeller shafts and marketing strategies. GWB holds a stake of up to 26% in the company, with Dana Corporation, USA representing GWB's interests following its acquisition of the worldwide propeller shaft business of GKN Group, GWB's parent company, in 1999-2000.
Exporting to the UK, Sri Lanka, and Nepal, the company has developed new products such as the two-piece propeller shaft for Mahindra Allwyn Nissan's cabston - 690 model, US Kit for Bajaj Timpo Matador FAS, and Journal and bearing races for Telco 1516 vehicles. Notable developments include agricultural propeller shafts for Rotavator, 1600 series propeller shafts for Ashok Leyland, and 1410 series propeller shafts for the Ashok Leyland Conqo project during 1992-93.
The company's propeller shaft capacity increased from 165,000 units in 1996-97 to 200,000 units, and by the year 2000-01, the installed capacity reached 245,000 units. In 2018, the company changed its name from 'Hindustan Hardy Spicer Limited' to 'Hindustan Hardy Limited'.
Under a 10-year technical license agreement with Glenkwellenban GmbH (GWB) and a techno-marketing consultancy arrangement with XLO India Ltd, the company benefits from expertise in propeller shafts and marketing strategies. GWB holds a stake of up to 26% in the company, with Dana Corporation, USA representing GWB's interests following its acquisition of the worldwide propeller shaft business of GKN Group, GWB's parent company, in 1999-2000.
Exporting to the UK, Sri Lanka, and Nepal, the company has developed new products such as the two-piece propeller shaft for Mahindra Allwyn Nissan's cabston - 690 model, US Kit for Bajaj Timpo Matador FAS, and Journal and bearing races for Telco 1516 vehicles. Notable developments include agricultural propeller shafts for Rotavator, 1600 series propeller shafts for Ashok Leyland, and 1410 series propeller shafts for the Ashok Leyland Conqo project during 1992-93.
The company's propeller shaft capacity increased from 165,000 units in 1996-97 to 200,000 units, and by the year 2000-01, the installed capacity reached 245,000 units. In 2018, the company changed its name from 'Hindustan Hardy Spicer Limited' to 'Hindustan Hardy Limited'.
