the company was incorporated in 1954 in chennai. the main objective of the company is to manufacture of valves for internal combustion engines and ate valves for mercedes benz. it started with a technical collaboration with farnborough engineering company ltd. that lasted for over a decade till 1973. the valves are to be marketed under the trade name "evl". in 1959, it established the first ic engines valve plant in chennai. in the year 1973, the company entered into a technical collaboration agreement with kar valves ltd. (formerly cochin state power & light corpn. ltd.), for the export of technical know-how and assistance for the manufacture of valves for internal combustion engines.