Delphi-TVS to invest Rs 500 cr
Delphi-TVS Managing Director T K Balaji said that they were targeting to achieve a sales level of Rs 1,200 crore by 2010 from Rs 330 crore today.india Updated: Jan 20, 2006 12:40 IST
Delphi-TVS Systems, the largest supplier of rotary diesel fuel injection systems for passenger cars, on Saturdayaccounnced it will invest Rs 500 crore to manufacture common rail fuel injection systems and set up a technical centre for product development.
"We are targeting to achieve a sales level of Rs 1,200 crore by 2010 from Rs 330 crore today," Delphi-TVS Managing Director T K Balaji said at the Auto Expo here.
The company foresees huge potential for diesel engine vehicles — both passenger cars and commercial vehicles. India produces nearly 7,50,000 petrol engine cars and 1,80,000 cars with diesel engines presently.
Delphi-TVS expects that by 2010, India will be producing a million petrol-powered cars and 6,00,000 diesel-powered cars a year. The company is gearing itself to capture that business.
Common rail fuel injection is becoming a key diesel engine technology worldwide. Basically, in diesel engines, air is compressed inside the cylinder by piston action and diesel is sprayed into the compressed air at high pressure. The fuel then automatically ignites. For better combustion (and consequently lesser emissions) it is necessary that diesel is injected at high pressure.
In the common rail technology, the fuel is carried in a common rail over the cylinders and a high power pump keeps it in pressurised condition. An electronic control system controls the pattern of fuel injection into the cylinders.
First Published: Jan 14, 2006 17:35 IST