Milestone Gears Limited is a prominent Indian manufacturer of high-precision transmission components and auto parts, primarily serving global and domestic Original Equipment Manufacturers (OEMs). It specializes in producing bull gears, transmission shafts, rear axle shafts, internal ring gears, and planetary gears, largely for the tractor industry, which accounts for over 80% of its revenue.
It has customer reach through nine strategically located manufacturing facilities across Punjab, Haryana, and Himachal Pradesh. Milestone Gears has a significant domestic market share in the tractor segment, holding 37% in bull gears, 30% in internal ring gears, and 22% in rear axle shaft and supplies to over 50 global and domestic OEMs, including all top nine Indian tractor manufacturers and exports to 10 countries, including the USA, UK, Germany, and Turkey.
Milestone Gears was incorporated on 27 April 1984 and currently Mr. Aman Tandon is the Managing Director is the company.
Milestone Gears Limited has filed DRHP with SEBI for a proposed IPO with an issue size of ₹ 1100 Cr consisting as Fresh Issue of