L G Balakrishnan & Bros (LGBL), the flagship company of ELGI Group, is a leading supplier of transmission chains to the automobile industry under the brand, Rolon. Transmission chains are also known as automotive chains. LGBL has a around 70% market share in the OEM chain segment and around 50% market share in the replacement segment. The technology is the entry barrier in this business as chains are precision components. As vehicles become sleeker and powerful, the chain quality has to improve.
The transmission segment mainly caters to OEMs and replacement (more…)