RSB Transmissions Secures Strategic Investment From Bain Capital
- By TT News
- October 04, 2024
RSB Transmissions, a global leader in automotive, construction and equipment systems manufacturing, has secured a strategic investment from Bain Capital, a leading global private investment firm. The investment will support RSB’s growth initiatives, with a focus on mergers and acquisitions (M&A) and expanding its global footprint.
Founded in 1973 by R K Behera and S K Behera, Jamshedpur-based RSB is a global supplier for commercial vehicles, passenger cars and construction equipment. Serving leading original equipment manufacturers (OEMs) such as Tata Motors, Ashok Leyland, Daimler and Mahindra & Mahindra, as well as construction behemoths like CAT, Tata Hitachi, JCB and Komatsu, RSB operates 16 cutting-edge manufacturing facilities throughout India and a plant in Mexico.
Through the agreement, RSB Transmissions will get strategic and financial support to support its growth ambitions and international expansion. Bain Capital will assist RSB in expanding its worldwide presence and investigating new prospects in developing markets thanks to its vast experience in the automotive and industrial industries.
R K Behera, Founder of RSB Transmissions, said, "As we celebrate 50 years of excellence, we are excited to begin this new chapter of growth with Bain Capital as our strategic partner. We’ve built a solid foundation over the past five decades, and with Bain Capital’s expertise and resources, we are confident in our ability to seize new opportunities and further strengthen our position as a global leader in our industry."
S K Behera, Vice Chairman and Managing Director of RSB, added, "This investment partnership represents a shared vision for the future of RSB. Bain Capital’s deep industry knowledge and global network will be invaluable as we work together to explore new markets, drive innovation and continue delivering exceptional value to our customers."
Pawan Singh, Partner at Bain Capital, said, "RSB has built a strong reputation for high-quality engineering and long-term relationships with key customers. We look forward to working closely with the Behera family and RSB’s management team to help the company reach new heights and become a more diversified global platform."
- Sriram Viji
- Automotive Component Manufacturers Association of India
- ACMA< Brakes India
- Anjali Singh
- ANAND Group
- Gabriel India
- Vinnie Mehta
Sriram Viji Appointed President Of ACMA India, Anjali Singh Named President-Designate
- By MT Bureau
- September 04, 2026
The Automotive Component Manufacturers Association of India (ACMA), the apex body representing component manufacturers in the country, has appointed Sriram Viji, Managing Director, Brakes India, as President for the 2026–27 term.
The industry body also named Anjali Singh, Executive Chairperson of ANAND Group and Gabriel India, as President-Designate.
Vinnie Mehta, Director General, ACMA, said, “We are delighted to welcome Mr. Sriram Viji and Mrs. Anjali Singh to their new roles. Their rich industry experience and strategic vision will guide ACMA as the sector navigates geopolitical uncertainty and the evolving mobility landscape. I am confident that their leadership will strengthen our engagement with Government and industry partners to diversify supply chains, improve access to critical raw materials and enhance India’s global competitiveness.”
Sriram Viji, President, ACMA, said, “It is an honour to lead ACMA as India strengthens its position as a trusted partner in global automotive value chains. Our priority is to deepen local capabilities and accelerate investment in advanced technologies, R&D and innovation, while embedding sustainability across the industry. As electric, connected and new-energy mobility create fresh opportunities, we must move beyond adapting to change to shaping it. Together with our members, we will work to position India as a global hub for high-value manufacturing and next-generation mobility solutions.”
MAHLE Starts E-Compressor Production In India
- By MT Bureau
- August 27, 2026
German automotive supplier MAHLE has established an e-compressor production facility in Coimbatore, which it claims makes it the first company to manufacture the component in India.
The German firm has invested EUR 7 million in the site to produce e-compressors, which regulate thermal management, battery life, charging speeds and driving range in electric vehicles.
The production line has a capacity of over 300,000 e-compressors annually to supply domestic and international vehicle manufacturers. The launch creates 50 jobs, aligning with the Indian government's ‘Make in India 2.0’ manufacturing initiative.
The Coimbatore facility already produces starter motors, alternators, controllers and traction motors for two-wheelers and three-wheelers. Following the setup of an R&D facility in 2023 for product validation, MAHLE has outlined plans for women to represent 75 percent of the plant's total workforce by 2027.
The company entered India in 1958 through a piston manufacturing joint venture and now has expanded its operation across 15 locations in the country with 5,900 employees.
Ivan Lenehan, Vice-President, MAHLE Powertrain and Charging, India, China & East Asia, said, “India continues to play an increasingly important role in the global mobility transformation. This facility strengthens our presence in one of the world’s most dynamic automotive markets and reinforces our commitment to sustainable mobility solutions.”
Milind Mhaiskar, MD, MAHLE Electric Drives India, said, “This production facility underscores our focus on localisation and customer-centric innovation. The success of this project reflects the dedication of our teams and our collaborative approach with business partners.”
- Sandeep Bathla
- Imperial Auto
- Blue Star
- Motherson Sintermetal Technology
- Eicher Tractors
- Plasser India
- Vikram Wagh
Imperial Auto Appoints Sandeep Bathla As Chief Global Operations Officer
- By MT Bureau
- August 24, 2026
Delhi NCR-based fluid transmission provider Imperial Auto has appointed Sandeep Bathla as its new Chief Global Operations Officer.
In his new role, Bathla will oversee manufacturing operations and direct programs to update automation, expand production capabilities and streamline supply-chain networks across company facilities. He will report to Vikram Wagh, Managing Director and Chief Executive Officer, Imperial Auto.
Bathla brings over three decades of industry experience to the role and previously served as Executive Director and Chief Operating Officer at Plasser India, following management roles at Blue Star, Motherson Sintermetal Technology and Eicher Tractors. He holds a Bachelor of Engineering in Mechanical Engineering from NIT Kurukshetra and a PhD from European International University, Paris.
Vikram Wagh said, “As Imperial Auto continues to scale its operations and strengthen its position in global markets, building a future-ready and high-performing manufacturing organisation will be critical. Sandeep brings extensive experience across manufacturing and the automotive industry, along with a strong understanding of operational excellence. His leadership will be instrumental in enhancing our manufacturing capabilities, improving responsiveness and creating greater value for our customers.”
The executive change aligns with Imperial Auto's plans to expand its international manufacturing footprint and engineering capabilities.
- Lumax Auto Technologies
- DK Jain Group
- Ambarish Kumar Gupta
- Forvia Faurecia
- Marelli
- Brose
- Magna Steyr
- Infosys
- L&T Technology Services
- BlueBinaries Engineering & Solutions
- PGUB Management Consulting
Ambarish Kumar Gupta Joins Lumax Auto Technologies As VP Operations
- By MT Bureau
- August 18, 2026
Tier 1 automotive supplier Lumax Auto Technologies, part of the DK Jain Group, has further strengthened its management team by onboarding Ambarish Kumar Gupta as the new Vice-President – Operations.
Gupta comes with over two decades of experience in the automotive industry, with senior roles across financial operations.
The industry executive has worked with the likes of Forvia Faurecia, Marelli, Brose, Magna Steyr, Infosys, L&T Technology Services, BlueBinaries Engineering & Solutions and PGUB Management Consulting, among others.
In his new role, he will be responsible for advancing futuristic automotive electronics, strengthening operations and making the company future-ready.
Gupta will also support Lumax Auto Technologies’ innovation, technology and operational excellence roadmap.

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