Training Example: Varroc Engineering Limited – Review the Data, Give Your Score & Compare to the Real AI Evaluation

Engineering a better world through safe, smart and sustainable mobility solutions

SUSTAINABILITY
SPOTLIGHT

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[IMG: Sustainable Production Process]

PIONEERING
INNOVATION

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[IMG: Arrow]

[IMG: Varroc Engineering Pune Chakan]

LEADING AUTO
TECH PRODUCTS

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[IMG: Varroc Engineering Limited Aurangabad]

[H1] ABOUT US

Varroc is a leading global auto technology company with a product portfolio covering a
wide
range of electrical, electronics, lighting, polymer, metallic, aftermarket and advanced
safety solutions.

Countries

Employees

OPERATING MANUFACTURING FACILITIES

+

Patents

TECHNICAL CENTRES

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[IMG: Blue Explore]

TECHNOLOGY

SUSTAINABLE MOBILITY

We craft sustainable solutions in the realm for EV and emission control ensuring balance
with environmental responsibility

Explore More
[IMG: Blue Explore]

SAFE MOBILITY

Varroc's safety technology pioneers innovation where mirrors, automotive lighting and
advanced safety solutions converge to create a safe driving environment

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[IMG: Blue Explore]

SMART MOBILITY

Our cutting-edge technologies like telematics, connected clusters, and sensor interfaces
create endless avenues of monitoring and communicating with vehicles

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[IMG: Blue Explore]

TECHNOLOGY

[IMG: Varroc Engineering Pvt. Ltd. Chakan]

SUSTAINABLE MOBILITY

We craft sustainable solutions in the realm for EV and emission control
ensuring
balance with environmental responsibility

Explore More
[IMG: Blue Explore]

[IMG: Varroc Engineering Ltd. Chakan]

SAFE MOBILITY

Varroc's safety technology pioneers innovation where mirrors, automotive
lighting
and
advanced safety solutions converge to create a safe driving environment

Explore More
[IMG: Blue Explore]

[IMG: Varroc Engineering Ltd. Chakan]

SMART MOBILITY

Our cutting-edge technologies like telematics, connected clusters, and
sensor
interfaces create endless avenues of monitoring and communicating with
vehicles

Explore More
[IMG: Blue Explore]

SOLUTIONS

[IMG: Product Image]

Round LED Headlamp

[IMG: Explore Icon]

[IMG: Product Image]

Blind Spot Detection Mirror

[IMG: Explore Icon]

[IMG: Product Image]

Traction Motor & Controller Unit

[IMG: Explore Icon]

[IMG: Product Image]

Tail Gate

[IMG: Explore Icon]

[IMG: Product Image]

All-in-one Cluster

[IMG: Explore Icon]

[IMG: Product Image]

Telematics Control Unit

[IMG: Explore Icon]

[IMG: Product Image]

EFI-ECU

[IMG: Explore Icon]

[IMG: Product Image]

Vcam - Dual Dash Camera For Fleets

[IMG: Explore Icon]

View all products
[IMG: Blue Explore]

[IMG: E Vehicle Manufacturers in India]

[IMG: EV Charger Manufacturers]

[IMG: EV Charger Manufacturers in India]

[IMG: Electric Two Wheeler in Pune]

[IMG: EV Charging Companies in India]

OUR CUSTOMERS

[IMG: Bajaj]

[IMG: Royal Enfield]

[IMG: Hero]

[IMG: Honda]

[IMG: Tata Motors]

[IMG: Volkswagen | Leading Manufacturing Company In India]

[IMG: Our Customers]

[IMG: Aprilia]

[IMG: Our Customers]

[IMG: Our Customers]

[IMG: Our Customers]

[IMG: Ashok Leyland]

[IMG: AVATR]

[IMG: Bombardier]

[IMG: CAT]

[IMG: Daimler]

[IMG: Ducati]

[IMG: Force Motors]

[IMG: Ford]

[IMG: Fuso]

[IMG: Geely]

[IMG: GM]

[IMG: Hiphi]

[IMG: Iveco Motors]

[IMG: Jaguar]

[IMG: JCB]

[IMG: JMC]

[IMG: Kawasaki]

[IMG: KTM]

[IMG: Land Rover]

[IMG: Link & Co]

[IMG: Mahindra]

[IMG: Maruti Suzuki]

[IMG: Mclaren]

[IMG: MG]

[IMG: Moto Guzzi]

[IMG: Agusta MV]

[IMG: Nissan]

[IMG: Oerlikon Fairfield]

[IMG: Piaggio]

[IMG: Polaris]

[IMG: Renault]

[IMG: Rivian]

[IMG: Saic]

[IMG: Skoda]

[IMG: Suzuki]

[IMG: Tesla]

[IMG: Triumph]

[IMG: TVS]

[IMG: Volvo]

[IMG: Yamaha]

[IMG: Zero Motorcycles]

SUSTAINABILITY

[IMG: Eco Friendly Products Manufacturers in India]

[IMG: Varroc Excellence]

[IMG: Varroc Excellence]

OVERVIEW & INITIATIVES
We are focused on becoming a fully sustainable organization that takes care of the
planet, supports its employees, and strengthens communities

[IMG: Enviornment]

[IMG: Sustainable and Green Manufacturing]

[IMG: Sustainable and Green Manufacturing]

COMMITMENT TO ENVIRONMENT
Taking care of the environment through environment friendly manufacturing
practices
and realizing social responsibility

[IMG: Leading Manufacturing Company in India]

[IMG: Best Workplaces in Manufacturing]

[IMG: Best Workplaces in Manufacturing]

COMMITMENT TO PEOPLE
Promoting sustainable livelihood and nurturing sports talent

SUSTAINABILITY

[IMG: Overview icon]

[IMG: Overview icon]

OVERVIEW & INITIATIVE

We are focused on becoming a fully sustainable organization that
takes
care of
the planet, supports its employees, and strengthens communities

[IMG: Kham river]

[IMG: Commitment to enviornment]

COMMITMENT TO ENVIRONMENT

Taking care of the environment through environment friendly
manufacturing
practices and realizing social responsibility

[IMG: loading=]

[IMG: Best Workplaces in Manufacturing]

COMMITMENT TO PEOPLE

Promoting sustainable livelihood and nurturing sports talent

Investors

[IMG: Varroc Investor]

[IMG: Varroc Investor]

Financial Results
[IMG: Blue Explore]

Sustainability

We recognize the critical role we play in creating a greener and more responsible
automotive industry, and we will continue to prioritize environmental stewardship,
social responsibility, and ethical governance in all that we do. Our dedication to these
principles is not only a business imperative but also a moral obligation to future
generations and the communities we serve.
- Tarang Jain

[H1]
Our ESG Framework
Our six-pillar ESG Framework integrates Global Reporting Initiative, Sustainability Accounting
Standards Board and UNSDG standards as a foundation for our strategy. In keeping with our mission
for smart, safe, sustainable mobility, our goal is to integrate sustainability across every
element of our business in partnership with all our stakeholders (internal, external, and our
customers).

Explore
ESG Framework

Explore ESG Profile

[IMG: Rewards and recognition]

Sustainability Goals & Milestones

Commitment to increase the Renewable energy
contributions to 50% in coming
years.

Renewable energy consumption increased by 14.3% in two years

Reduction of Scope 1 emissions by 6.65% in FY 23-24

ISO 14001:2018 certified

92.1% increase in waste diverted from disposal

8.2% decrease in total energy intensity per revenue

Commitment to Environment

Kham River

Renewable Energy and GHG Emission

Waste Management

Energy Conservation Projects

One of the most ambitious drives to restore the environment began with
the
Kham river restoration project. In association with Ecosattva and
Aurangabad
municipal corporation – Varroc has been an active member in restoring
the
waterbody for Aurangabad. Apart from cleaning and greening, our
contribution
extends to the introduction of diverse flora and fauna, promoting
riverfront
biodiversity and conducting citizen engagement activities.
Simultaneously,
we actively participate in solid waste management in Aurangabad,
enhancing
the overall health of the Kham River.

90,072 sq meter area cleaned

54000+ saplings planted

59,810 sq meters area greened

4 Ecological reserved created

6000 meters of river banks pitched

3 lakh + citizens engaged

In FY 23 our renewable energy generation efforts prevented 1,900 tonnes
of CO2 emissions and helping reduce greenhouse gas emission. With solar
and wind power installations, we're already making significant strides.
However, our vision extends beyond the present, as we aim to increase
our renewable energy contributions to 50% in the coming years. Through
strategic partnerships and unwavering commitment, we're paving the way
towards a sustainable supply chain.

Generated 2.4 Million units of
renewable energy last year which is equivalent to avoiding
1,900 tonnes of CO2 emissions in the
atmosphere.

Solar Power installed capacity 11.5 MW

Wind Power installed capacity 9.6 MW

Sustainable partnerships through our investment in renewable
energy platforms

At Varroc, our commitment goes beyond manufacturing. We are contributing
to a circular economy through minimizing waste generation, maximizing
recycling efforts and steering towards a cleaner, more efficient future.

>90% Wastewater is recycled & reused in process
or
utilized for non-potable purpose such as tree plantation and
landscape

Zero Liquid Discharge with water evaporation
technology.

> 90% Waste generated across 26 manufacturing
plants is recycled/reused

At Varroc, our energy-saving approach revolves around optimizing
manufacturing processes beyond just relying on renewable energy. We
prioritize efficiency across all operations, utilizing Kaizen principles
for continuous improvement. By scrutinizing every aspect of production,
from equipment usage to resource management, we identify opportunities
to reduce energy consumption while boosting output. This continuous
improvement centric perspective reflects our unwavering commitment to
sustainability, extending beyond traditional boundaries to promote a
culture of innovation enabling environmental stewardship.

100 plus Energy Conservation Projects/Kaizens
implemented

ISO 14001 Environment Management Certification
for
all Plants

Saved 400 tonnes CO2 equivalent energy in FY 23

Our renewable energy generation efforts helped us avoid
1900
tonnes of CO2 emissions

Commitment to Society

Earn and Learn

Varroc Vengsarkar

Blood Donation Camp

Abhinav Bindra Foundation

EHS

In FY 23 our renewable energy generation efforts prevented 1,900 tonnes
of CO2 emissions and helping reduce greenhouse gas emission. With solar
and wind power installations, we're already making significant strides.
However, our vision extends beyond the present, as we aim to increase
our renewable energy contributions to 50% in the coming years. Through
strategic partnerships and unwavering commitment, we're paving the way
towards a sustainable supply chain.

275 students enrolled for this programme in FY
23.

Varroc Group & Veteran cricketer and Former chairman of national
selection committee Mr. Dilip Vengsarkar joined hands in hand to start
Cricket Academy at Thergaon, Pune in FY 2007-08.

Varroc hosts annual blood donation drives at our plants and R&D center,
where employees generously donate blood. These events reflect our
collective commitment to making a meaningful impact in society. By
participating, we demonstrate our benevolent spirit and support for
those in need of blood transfusions.

400+ employees participated in blood donation
camps

Lives of more than 103 children impacted
through
blood donation drives in FY 23

We Varroc with Abhinav Bindra Foundation Trust, jointly contributed
towards the objective of transforming the lives of athletes in India.
Steadily we are bringing about a change in the Indian sporting ecosystem
right from the grassroots. We have been able to ensure that athletes
continue to receive the best high-performance training which helps
greatly in fast-tracking their journey towards excellence.

3 athletes sponsored in FY 23

14 medals won in international tournaments

5 gold medals won

At Varroc, the health and safety of our workers are paramount. Our
Environmental, Health, and Safety (EHS) protocols ensure that every
employee operates in a secure and healthy environment. Through rigorous
training, regular inspections, and the implementation of best practices,
we prioritize accident prevention and risk mitigation. From proper
equipment usage to emergency response procedures, every aspect of our
operations is meticulously managed to safeguard our workers' well-being.
At Varroc, we understand that a safe workplace is essential for
productivity and morale, and we remain committed to upholding the
highest standards of EHS across all our facilities.

Zero Accident Goal

Lost time injury frequency rate of 0.55 in FY
23

Implementation of Occupational Health & Safety Management
System
across all the manufacturing Plants - ISO 14001 & ISO
45001

COMMITMENT TO GOVERNANCE

[IMG: Governance Structure]

Governance Structure

[IMG: Green Arrow]

[IMG: Policies]

Policies

[IMG: Green Arrow]

[IMG: ESG Reports]

ESG Reports

[IMG: Green Arrow]

Related Content

Varroc Paving the Way Towards a Sustainable Automotive Industry

At Varroc, we stand firm on our commitment to fostering a greener and more responsible automotive industry. Recognizing

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Overview

[H1] About Us

Varroc is a leading global auto technology company with a product portfolio covering a
wide range of electrical, electronics, lighting, polymer, metallic,after-market and
advanced safety solutions.

Read More

08
Countries

7000+
EMPLOYEES

39
OPERATING MANUFACTURING FACILITIES

100+
PATENTS

7+
TECHNICAL CENTRES

Varroc is a global automotive technology solution company that designs, develops,
and manufactures electrical, electronics, lighting, polymer, metallic, and advanced
safety solutions for OEMs worldwide in the two-wheeler, three-wheeler, passenger
car, commercial vehicle, and off-highway vehicle ("OHV") segments. Additionally,
Varroc has a strong aftermarket division serving over 27 countries across the world.

Along with a wide range of solutions across powertrain, electrical, Polymer body
parts, and metallics, Varroc has repositioned itself as a leading auto technology
company by innovating in the field of future mobility. The company has acquired
cloud-connected telematics platform, Varroc Connect (previously CarIQ), enabling its
customers to take advantage of big data-driven utilities like predictive analysis.
Furthermore, Varroc has entered the safety mobility space by providing solutions
such as the Advanced Driver Assistance System (ADAS) and Driver Monitoring System
(DMS) with the help of its improved AI-enabled video telematics solution to enhance
road safety in India.

Varroc's strong R&D capabilities and technological partnerships enable the
development of products that align with emerging megatrends in automotive mobility:
Safer, Smarter, Sustainable, and Connected.

Headquartered in Aurangabad, India, Varroc has 36 world-class manufacturing
facilities, 7 R&D centres, and over 7,000 employees across 7 countries. Over three
decades of Varroc is relentless commitment to excellence and performance, and offers
the best design solutions, giving its customers a competitive edge in their markets.
The company established itself as the most preferred partner with all leading OEMs
in the automotive segment worldwide. Today, Varroc is listed at stock exchange (BSE
and NSE) and features in the Fortune 500 list in India.

Varroc prioritizes and upholds the principles of corporate governance as the
cornerstone of the operations and is committed towards environmentally friendly
actions and sustainable solutions. To date, the company has focused extensively on
greener practices and has launched a sustainable Environment, Health, and Safety
(EHS) strategy plan. Various environmental projects like Zero Liquid Discharge
(ZLD), waste utilization, and alternate usage of by-products have been initiated to
promote sustainability. The company strategically integrates the endeavour to
achieve operational sustainability with societal development by leveraging the core
competencies, resources, technology, and employee strengths. The company aims to be
injury-free while being eco-friendly.

Further, the company engages in various Corporate Social Responsibility (CSR)
initiatives, channelling the resources and expertise to address social and
environmental challenges. The company has partnered with TISS for Learn and Earn
program to support the community, association with Vengsarkar Cricket Academy to
sponsor budding talent. Through these initiatives, Varroc aims to make a lasting
impact on the communities that they serve, while promoting inclusive growth,
education, and empowerment.

One of the key initiatives is Kham River Project. Varroc has undertaken conservation
and maintenance of the Kham River Project. It is a success story where Varroc has
helped restore the Kham River with the support of the Aurangabad Municipal
Corporation and Aurangabad Cantonment Board, along with Ecosattva as the Knowledge
Partner. The seasonal river was suffering from neglect and heading toward rapid
deterioration. Under the leadership of Tarang Jain, Varroc was able to transform the
river and its surrounding community. The company's immense effort reflects its
vision to create safe, smart, and sustainable future for everyone.

Journey

1990

Initiated polymer business in Aurangabad, India, marking the first milestone of the journey

[IMG: Timeline Dot | Best Workplaces In Manufacturing]
1990

1996
[IMG: Timeline Dot Rotated | Best Places To Work In Manufacturing]

1996

Partnered with Scarpa, Colombo, to Manufacture engine valves

2007

Acquired Forging company, IMES, Italy

[IMG: Timeline Dot | Best Workplaces In Manufacturing]
2007

2011
[IMG: Timeline Dot Rotated | Best Places To Work In Manufacturing]

2011

Acquired Tri.o.m (Italy), for 2W Lighting

2012

Acquired Visteon's global PV lighting business (VLS)

[IMG: Timeline Dot | Best Workplaces In Manufacturing]
2012

2014
[IMG: Timeline Dot Rotated | Best Places To Work In Manufacturing]

2014

PE Investments by Omega, TC Holdings and Tata Capital
Acquired 50% in Varroc TYC Corporation (China)

2017

Acquired 90% stake in auto accessories manufacturer Team Concepts (India)

[IMG: Timeline Dot | Best Workplaces In Manufacturing]
2017

2017
[IMG: Timeline Dot Rotated | Best Places To Work In Manufacturing]

2017

JV with Dell’Orto for Electronic Fuel- Injection Technology for 2W & 3W in India

2017

Technical Collaboration with Heraeus, Germany for 2W Catalytic Converters in India

[IMG: Timeline Dot | Best Workplaces In Manufacturing]
2017

2018
[IMG: Timeline Dot Rotated | Best Places To Work In Manufacturing]

2018

Varroc Engineering Limited listed on the Indian Stock exchanges (BSE & NSE)

2019

Acquired CarIQ, a leading Telematics solution provider

[IMG: Timeline Dot | Best Workplaces In Manufacturing]
2019

2022
[IMG: Timeline Dot Rotated | Best Places To Work In Manufacturing]

2022

Began localized production of 2-Wheeler & 3-Wheeler EV components in India

2022

Extension of product portfolio to ADAS, Driver Monitoring Systems, and Video Telematics

[IMG: Timeline Dot | Best Workplaces In Manufacturing]
2022

2022
[IMG: Timeline Dot Rotated | Best Places To Work In Manufacturing]

2022

Divested 4W lighting operations in EU and America to Plastic Omnium.

2023

ESG policy formulated

[IMG: Timeline Dot | Best Workplaces In Manufacturing]
2023

Journey

1990
Initiated polymer business in Aurangabad, India, marking the first milestone of the journey

1996
Partnered with Scarpa, Colombo, to Manufacture engine valves

2007
Acquired Forging company, IMES, Italy

2011
Acquired Tri.o.m (Italy), for 2W Lighting

2012
Acquired Visteon's global PV lighting business (VLS)

2014
PE Investments by Omega, TC Holdings and Tata Capital

2014
Acquired 50% in Varroc TYC Corporation (China)

2017
Acquired 90% stake in auto accessories manufacturer Team Concepts (India)

2017
JV with Dell’Orto for Electronic Fuel- Injection Technology for 2W & 3W in India

2017
Technical Collaboration with Heraeus, Germany for 2W Catalytic Converters in India

2018
Varroc Engineering Limited listed on the Indian Stock exchanges (BSE & NSE)

2019
Acquired CarIQ, a leading Telematics solution provider

2022
Began localized production of 2-Wheeler & 3-Wheeler EV components in India

2022
Extension of product portfolio to ADAS, Driver Monitoring Systems, and Video Telematics

2022
Divested 4W lighting operations in EU and America to Plastic Omnium.

2023
ESG policy formulated

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[H4] Data Security

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data against unauthorized access, misuse, loss, or disclosure.

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[H4] Changes to This Policy

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[H4] Contact Information

Varroc Engineering Limited
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www.varroc.com

Effective Date: May 21, 2026

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[H4] Contact Information

Varroc Engineering Limited
Website:

www.varroc.com

Safe Technology

Road Illumination

Illuminating the road for your safety and caution

Explore Solutions

Occupant Monitoring

Monitoring your surroundings for your safety

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Eliminating Blind spot

Guarding your way with clearer vision

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