FCC

NDR, Hayashi Telempu form JV for auto component manufacturing

2025-10-27

NDR Auto Components Limited has incorporated a joint venture company, NDR Hayashi Automotive India, with Hayashi Telempu. The new entity, established on October 10, 2025, will manufacture auto components for OEMs in India and export markets. NDR Auto Components invested Rs 10 crore for a 50 per cent stake in the venture, which has an authorised and subscribed share capital of Rs 20 crore. The joint venture will produce various auto components including ambient light, carpet, dash inner, rear shade, and tonner cover.

This joint venture represents a significant step for NDR Auto Components in expanding its manufacturing capabilities and product offerings in the auto components industry. By partnering with Hayashi Telempu, the company aims to leverage combined expertise and resources to cater to both domestic and international markets.

The collaboration is expected to enhance NDR Auto Components' competitive position in the auto components sector, potentially leading to increased market share and diversified revenue streams. The actual impact on the company's financial performance and market standing will become clearer as the joint venture begins its operations.