Overview

The company is an India-based manufacturer of automotive components, specializing in a wide array of safety-critical systems and engineering solutions.

It serves a broad spectrum of vehicle categories, including:

• Two-wheelers
• Three-wheelers
• Four-wheelers
• Commercial vehicles
• Agricultural vehicles

The company’s product portfolio is largely agnostic to vehicle powertrain types, meaning its components are compatible with both Electric vehicles (EVs) , Internal combustion engine (ICE) vehicles

This versatility highlights the company’s technical adaptability and positions it well to benefit from the ongoing shift towards electric mobility.

Products

Two Wheelers
Sheet metal based - Chassis, side and main stand, brake pedal/gear clutch lever, swing arm
Polymer based - Visor front, fenders, covers, cowls
Suspension systems - Rear suspension, front forks, steering column, helical springs
Braking systems - Braking assemblies for drum and disc brakes Automotive – Four Wheelers

Four Wheelers

Sheet metal based - Chassis
Polymer based - Centre grill, fog lap cover, battery container, lids
Suspension systems - Rear suspension for sports utility vehicles, front suspension for light commercial vehicle

Non-Automotive

Polymer refrigerator parts - Fruit and vegetable tray, handles, base
Renewable parts - Solar panel components

OEMs (Customers)

The company has a diversified customer base of 29 OEMs as at 31st Dec, 2024.

Some of the prominent OEMs include:

• Bajaj Auto Limited
• Honda Motorcycle & Scooter India Private Limited
• Tata Motors Limited
• Jaguar Land Rover Limited
• Royal Enfield Motors Limited

Presence

• As of December 31, 2024, the company had established 15 manufacturing facilities across nine cities in eight Indian states.
• In March 2025, the company acquired H-One India Private Limited (H-One), formerly a subsidiary of H-One Company Limited, a publicly listed entity in Japan.
• Following this acquisition, the company’s manufacturing footprint expanded to 17 facilities across 10 cities in nine states in India, as of March 31, 2025.