General Motors India (GMI) has awarded all suspension systems orders (with the exception of 'leaf springs', which are not made by TC Springs at present) for their next model, I-163, (from the Isuzu stable) to TC Springs. 

TC Springs will supply the 'strut rod' assemblies, the 'stabiliser' assembly, the 'torsion bar front suspension' assemblies and the 'height control arms' for front suspension to GMI. This is the first order for systems / assembly supply booked by TC Springs, and it marks the beginning of the next phase for TC Springs, which is developing system integration capabilities. 

This is also the first-ever order for an Isuzu model for any company in the Chuo Springs Company network. Isuzu is the only Japanese carmaker not buying springs from Chuo Springs Company Limited.

TC Springs Limited is a joint venture between Tata Autocomp Systems Limited (TACO) and Chuo Springs Company Limited (CHKK) of Japan. TC Springs started production in February 2000 and today manufactures suspension coil springs, torsion bars, stabilizer bars, tension rods and strut bars. 

Its prominent customers are Tata Engineering, Toyota Kirloskar, Fiat India, Mahindra & Mahindra, Eicher, Honda and GM India. The prominent vehicles supplied to include Indica, Sumo, Safari, Qualis, Palio, Corsa, Activa, Bolero, Scorpio, Maxx and Armada.

TC Springs is targeting a turnover of Rs 18 crores in the current year.

TACO, a technology and engineering company in the auto-component industry, has a total of 12 joint venture companies and three strategic business units dedicated to the design, development and production of components and systems required for the global automotive industry.

The group employees about 3,100 people and has recorded a turnover of about Rs 620 crores in the year ending March 2002. Through its Indian and global operations, TACO seeks to serve global vehicle manufacturers, global component manufacturers and the end users of automobiles.