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."
Marelli to Showcase Software-Defined Cabin Innovations At Auto China 2026
- By MT Bureau
- April 09, 2026
European tier 1 supplier Marelli has announced it will present its latest in-cabin technologies at Auto China 2026 in Beijing, scheduled from 24 April to 3 May. The showcase focuses on the integration of electronics and interiors to support software-defined vehicles (SDVs) through unified computing and scalable architectures.
The centrepiece of the exhibition is a software-defined cockpit experience that centralises computing, artificial intelligence and human-machine interface (HMI) functions. Built on a QNX real-time operating system (RTOS), the system manages in-vehicle infotainment, cluster visualisation and cabin intelligence within a single architecture.
Key display at its booth includes –
MiniLED FALD Display: An ultra-thin Full Array Local Dimming screen designed for high contrast and sunlight readability, supporting curved pillar-to-pillar configurations.
HorizonView Display: A continuous 44.8-inch image projected across the base of the windshield. Powered by a Picture Generation Unit (PGU) capable of 12,000 nits, it provides a panoramic visual field intended to reduce driver distraction.
Marelli is also introducing a zonal electrical/electronic (E/E) architecture to centralise intelligence and reduce wiring complexity. This approach utilises an ‘edge node’ strategy to remove local microcontrollers (MCUs) from peripheral modules.
MCU-Free Modules: Door and seat modules shift window, mirror, and safety functions to the Zone Control Unit (ZCU) or central compute unit via low-latency protocols.
Zonal Audio: Multi-zone audio distribution is managed at the zonal level, utilising Ethernet-based amplifiers. This configuration eliminates the need for local digital signal processors (DSPs) in every speaker location.
Connectivity: The company will debut an Affordable 5G RedCap (Reduced Capability) telematics solution. It offers 2.5 times lower latency than 4G at a similar cost, supporting over-the-air (OTA) updates and remote diagnostics.
The cabin experience is further defined by mechanical and lighting solutions designed for personalisation and space efficiency:
Cockpit Features: Motorised swivel speakers for directional audio, motorised vents for climate management, and retractable tables for workspace versatility.
Console Design: A multi-access console lid that opens from three sides and a detachable display mechanism for rear-seat passenger access to controls and entertainment.
Joachim Fetzer, Chief Technology and Innovation Officer, Marelli, said, “In the cabin of the future, technology must feel human – intuitive, responsive and seamlessly integrated. At Auto China, we will demonstrate how Marelli unifies compute, display, audio, and interior design into a coherent, software-defined experience enabled by deep local engineering and strong partnerships.”
- Bosch
- Bosch Chassis Systems India
- Bosch Group
- Vehicle Motion
- Guruprasad Mudlapur
- Sandeep Nelamangala
Bosch To Acquire Bosch Chassis Systems India
- By MT Bureau
- April 08, 2026
Bosch, the flagship entity of the Bosch Group in India, has announced its intention to acquire 100 percent of Bosch Chassis Systems India. The transaction is structured as a cash deal combined with the issuance of equity shares on a preferential basis.
The acquisition integrates the Vehicle Motion business into Bosch’s portfolio. This move is designed to unify the company’s mobility offerings, shifting from the supply of individual components to the delivery of integrated platform solutions.
Bosch Chassis Systems India specialises in automotive safety systems. Its product range includes:
- Active Safety: Antilock braking systems (ABS), electronic stability control (ESC) and advanced braking systems.
- Passive Safety: Airbag electronic control units (ECUs) and sensors.
- Actuation Systems: Braking hardware for passenger cars, two-wheelers and commercial vehicles.
The realignment allows Bosch to expand its investment in safety and braking technologies alongside its existing operations in power solutions.
Following the acquisition, Bosch Chassis Systems India will operate as an independent entity, with its governance overseen by Bosch. The boards of the Bosch Group, Bosch and Bosch Chassis Systems India have approved the transaction. The deal remains subject to approval from Bosch shareholders, after which the unit will become a wholly-owned subsidiary.
Guruprasad Mudlapur, President, Bosch Group in India and MD, Bosch, said, “Adding Bosch Chassis Systems India, with a future-fit vehicle motion solutions business into Bosch Limited, demonstrates our organisational belief in enhancing the company’s growth trajectory through portfolio diversification. This transaction further solidifies our leadership presence within mobility, enabling us to utilise our strengths and deliver solutions backed by local research and development and local manufacturing.”
Sandeep Nelamangala, Joint Managing Director of Bosch and President of Bosch Mobility India, added, “In India, we expect the mobility landscape to evolve radically by 2030 and beyond with sustainable, safe and exciting technologies. To foster a customer- first mindset and pivot from supplying individual components to delivering future- ready platform solutions, it is imperative to unite our forces and adopt an integrated approach. This transaction empowers Bosch to drive growth with a wider portfolio and combined offerings across the mobility tech stack.”
- Sona BLW Precision Forgings
- Sona Comstar
- differential gears
- differential assemblies
- Vivek Vikram Singh
Sona Comstar Surpasses 500 Million Gears And 10 Million Assemblies Production Milestone
- By MT Bureau
- April 07, 2026
Sona BLW Precision Forgings (Sona Comstar) has announced the achievement of two production milestones: manufacturing 500 million differential gears and 10 million differential assemblies since its inception. The company provides mobility technology solutions for battery electric vehicles (BEVs), passenger vehicles, commercial vehicles and off-highway vehicles.
According to the company, Sona Comstar has an 8.7 percent global market share in differential gears in 2025, an increase from 4.5 percent in 2019. It operates manufacturing facilities in Gurugram, Pune and Manesar.
The company commenced production of differential gears in Gurugram in 1999. It reached 100 million units in 2013 and 400 million in 2024. the most recent 100 million units were produced within a two-year period.
For differential assemblies the production began in 2008. It crossed 5 million unit production milestone in 2023, with the subsequent 5 million units manufactured in less than three years.
The company designs and manufactures precision-forged gears and driveline components. Its growth trajectory is linked to the expansion of both conventional and electric mobility platforms. The facility in Manesar, opened in 2019, supports the production of differential assemblies specifically for the global BEV market.
Vivek Vikram Singh, Group CEO, Sona Comstar, said, “We are proud to celebrate these important milestones of our Driveline Business. They reflect the scale we have built over the years, our commitment to engineering excellence, and the trust our customers have placed in us globally. I thank our customers, suppliers, and employees for their continued support and contribution to this achievement. As mobility continues to evolve, we remain focused on innovation, expanding our integrated driveline capabilities, and delivering high-quality solutions that meet the changing needs of our customers across EV and conventional platforms.”
- Kay Jay Forgings
- DRHP
- SEBI
- TVS Motor Company
- Honda Motorcycle & Scooter India
- Mahindra & Mahindra
- Bajajsons
Kay Jay Forgings Files DRHP For INR 3.6 Billion IPO
- By MT Bureau
- April 01, 2026
Ludhiana-based auto components manufacturer Kay Jay Forgings has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The proposed INR 3.6 billion initial public offering (IPO) consists of a fresh issue of equity shares up to INR 3 billion and an offer for sale (OFS) of up to INR 600 million by existing shareholders.
The company plans to deploy the net proceeds from the fresh issue for capital expenditure and debt reduction. It aims to invest INR 1.18 billion towards a new forging facility, a machining facility and a solar power plant. INR 900 million towards debt repayment and the remaining funds to be utilised for operational purposes.
The company may also consider a pre-IPO placement of up to INR 400 million, which would reduce the size of the fresh issue accordingly.
Kay Jay Forgings is a precision engineering company manufacturing machined components for automotive original equipment manufacturers (OEMs). It also serves the farm equipment, mining, and home appliance sectors with a portfolio of 286 products.
The company claims it is the largest supplier of crankshafts and crankshaft assemblies to two-wheeler OEMs in India, with an estimated 36 percent domestic market share in FY2025. It operates 6 manufacturing units in Ludhiana, Punjab, and Hosur, Tamil Nadu. The company reported a customer rejection rate of less than 1 percent for the 6-month period ended 30 September 2025.
It maintains long-term relationships with several manufacturers, including a 37-year partnership with TVS Motor Company. Other clients include Honda Motorcycle & Scooter India, Mahindra & Mahindra and Bajajsons.
Future strategies focus on diversifying into lightweight aluminium forged and machined components. These powertrain-agnostic parts are intended to help OEMs meet emission norms and improve fuel efficiency.
In terms of financial performance, the company reported revenue of INR 7.5 billion in FY2025, up 12 percent YoY, as against INR 6.72 billion a year ago. Net profit for FY2025 came at INR 290 million, up 20 percent YoY, as against INR 240 million a year ago.
For H1 FY2026, the company reported a net profit of INR 213 million. The global automotive forging market is projected to grow from USD 45.1 billion in 2025 to USD 65.8 billion by 2030, representing a CAGR of 7–9 percent.

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