Dharma Polimetal Group Benefits from the Rise of New Car Models

INDUSTRY.co.id - Jakarta, 15 November 2021 – PT Dharma Polimetal (“Dharma Group”) automotive component manufacturing company, received significant increase in orders for automotive spare parts from automotive manufacturers which are currently competing to issue a wide variety of car models at the end of 2021.

The situation can lead the performance of Dharma Group, a company under Triputra Group, to become more prospective in the upcoming year.

Irianto Santoso as President Director of Dharma Group said, "Along with the emergence of various car models, this trend has positively impacted on the demand from automotive manufacturers as well as providing greater multiplier effects in driving the progress of the automotive component industry in the near future.” 

In addition to the PPnBM DPT incentive, the presence of the 2021 Gaikindo Indonesia International Auto Show (GIIAS) which started on Thursday, 11 November 2021 is also considered as one of the primary factors in the rising demand of automotive components. At the exhibition, the Sole Agent of Brand Holders (ATPM) competed in showing their newest car.

There are various types of new cars from sport utility vehicles (SUVs), plug-in hybrid electric vehicles (PHEV) to electric vehicles (EV). 

In welcoming the revival moment of the automotive industry, Dharma Group, which has experience in the national automotive industry, is currently relying on excellent human resources and conducting automation using robotic technology.

Furthermore, the Company is also supported by adequate infrastructure such as strategic and integrated factory locations, advanced technology in supporting facilities, as well as digitalization in its business process chain to increase productivity and efficiency.

For example, currently Dharma Group has applied more than 460 robots to support the scalability of the production of spare parts.

Furthermore, Irianto explained that with the support of competent human resources and advanced robotic technology, we are confident that we will produce automotive components with the best quality for our customers' new car models.

The presence of new cars produced by our customers will provide an increase in demand for automotive components, especially for four-wheel vehicles for 2022, so it can balance the demand for two-wheel automotive components.

For information, until Semester I-2021, Dharma Group has recorded revenue of Rp. 1.3 trillion and net income of Rp. 100 billion. Both revenue and net income grew compared to the previous year, although the automotive component industry itself has not fully recovered.

"We, as an automotive component manufacturing company, are optimistic that the presence of a new car will revive the automotive component industry in the future. For this reason, Dharma Group relies on mastery of technology and reliable human resources to create a more efficient automotive component manufacturing,” Irianto concluded.

About Dharma Group

PT Dharma Polimetal the Holding Company of Dharma Group, was established in 1989 and engages in the production of automotive components for motorcycles and cars. Dharma Group has become part of an integrated automotive supply chain with innovative and quality spare parts and components that meet the world-class manufacturing standards.

As a subsidiary of Triputra Group, the Company is supported by strong and experienced management in the national automotive industry. PT Dharma Polimetal has developed into a holding company of Dharma Group that promotes sustainable growth by making technology its operational excellence.

With the motto of Excellence Through People and Process, Dharma Group has reputable customers from world-famous brands and maintains sustainable and long-term relations.

Onward, Dharma Group is ready to be part of the automotive revival and to welcome the era of industrial revolution 4.0 by implementing digitalization in its business process chain and the development and production of components and parts for electric vehicles in the country as a manifestation of Exist to Contribute to the Nation.