Steer Engineering Private Limited (SEPL), as per its credit rating report, is engaged in the business to design and manufacture co-rotating twin screw extruders, extruder processing zone elements and peripherals for the polymer industry. The company was promoted by Dr. Babu Padmanabhan. It has manufacturing units located in Bangalore and a foundry in Coimbatore. The company has a capacity to manufacture over 84,000 extruder elements and 140 extruders annually. It has wholly-owned subsidiaries — STEER Japan Corporation (SJC), STEER America Inc. (SAI) and STEER China Global (SCG) — to carry out sales and marketing activities in the respective regions.