Lifelong group is a diversified group with interests in manufacturing of auto components and medical devices and services in the areas of investments, education, software and event management. The group’s annual revenues are in excess of $125 million. The Lifelong group is led by Mr. Atul Raheja whose initial foray was a successful career in manufacturing and marketing of domestic appliances under the brand name of “Lifelong”. The company diversified into auto component manufacturing in 1995 by acquiring a small plastic injection molding company. From annual revenues of $ 0.5 million in 1995, today the business has grown to $ 125 million, and caters to global auto majors such as Hero MotoCorp, General Motors, Arvin Meritor, Plastic Omnium etc.
Lifelong India, which is the auto component manufacturing company specializes in injection molding components and assemblies, aluminum pressure die casting, metal stampings and multiple commodity assemblies. Lifelong India is a key supplier to Hero MotoCorp (which is the world’s largest 2 wheeler company with revenues in excess of $ 3 billion) and GM and has also won GM’s global best supplier award in 2007. In addition Lifelong India also supplies parts that get fitted in BMW, Audi, Ford, Skoda, Renault, Peugeot and Hyundai. Lifelong India manufactured components are exported to North America, South America, France, Spain, Italy and South Korea. Lifelong India has 2 manufacturing facilities, one in Daruhera - an industrial estate in the progressive state of Haryana and the other one in Haridwar - an upcoming industrial centre in Uttarakhand.
In 2005, the Lifelong group further diversified into manufacturing and marketing of medical devices and disposables. Thus Lifelong Meditech Limited was created for manufacturing of Sterile Hypodermic Single Use Syringes, Sterile Hypodermic Single Use Needles, Infusion Sets and Surgical Gloves. Lifelong Meditech Limited markets its products under the Safeway brand and is the second largest producer of syringes in India with an installed capacity of more than 900 million syringes per annum.
Both the businesses – auto component manufacturing and medical devices are managed and run by professionals who have been hired from the best companies in the industry. The other companies under the Lifelong group are: Shadionline.com, which is a wedding management company; Refam Securities, which is an investment company and Lifelong Learning which is a finishing school for personality grooming. The Lifelong Group under the able leadership and vision of Mr. Atul Raheja has ambitious plans of growing the business to annual revenues of $ 250 Million by 2014, a large part of this growth will come from acquisitions and activities for which are already underway.