The depreciation in the value of the rupee has also contributed to a squeeze in profit margins. Industry basics MSL is the second largest manufacturer of shock absorbers. The shock absorber industry is technology intensive and the products are manufactured as per OE requirements with specific properties and stated dimensions. The average life of the shock absorber is 5-8 years.
Shock absorbers are an important part of vehicle suspension systems.
Their function is to absorb shocks that are transmitted from the wheels to the frames. They are necessary because the spring used in the suspension system oscillates and that needs to be dampened. At present, most vehicles use the latter. Being a critical component, quality requirements are stringent. This makes technology an important consideration.