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."

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Gujarat-based embedded electronics and power systems company Bacancy Systems has closed an INR 400 million Series A funding round led by Sabre Partners and Greenstone Capital, both of whom have acquired minority stakes in the firm.

The company intends to deploy the capital to scale manufacturing infrastructure, accelerate product development and expand into international markets. The funding will also support research and development (R&D) in two primary industrial segments:

Electric Mobility: Development of DC charger controllers and power electronics for EV original equipment manufacturers (OEMs) and charging infrastructure providers.

Railway Electronics: Expansion into Train Control and Management Systems (TCMS), traction converter control systems, and remote monitoring platforms.

Founded in 2021, Bacancy operates at the intersection of hardware, firmware and cloud technologies.

Binal Patel, Founder and CEO, Bacancy Systems, said, “Closing our first fund raise is indeed a defining moment for Bacancy Systems. This milestone validates what we have believed from day one – that deep, purpose-built R&D in Electric mobility, Railways, is not just the future, but an urgent necessity, and local manufacturing of the same under the Make in India initiative is equally essential to empower India and build a reliable supply chain. With over two decades of industry experience, I am more confident than ever that the innovations we are building will define the next generation of India’s industrial backbone. This capital empowers us to push the boundaries of what’s possible in EV infrastructure, Railways, and beyond – and we are just getting started.”

Tanushree Agarwal, Partner, Sabre Partners, added, “Bacancy represents a compelling play on India’s electrification and indigenisation themes. The company has built strong capabilities in power electronics and controller systems, with a clear focus on IP-led product development. We believe Bacancy is well-positioned to benefit from the rapid growth in EV infrastructure and railway modernisation, and we are excited to partner with the management team to support the next phase of growth and scale.”

Paresh Thakker, Managing Partner at Greenstone Capital, stated, “Bacancy’s strong engineering capability and focus on indigenised embedded systems position it well within India’s evolving EV and railway electronics ecosystem. We are pleased to collaborate with the company in driving its upcoming phase of growth and transformation.”

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Samvardhana Motherson International Limited (Motherson) has signed a joint venture agreement with Hellmann Worldwide Logistics (MESA) Holding Limited (Hellmann) to provide integrated supply chain solutions tailored to the global automotive industry. The JV will be incorporated in Dubai and deliver innovative, efficient and sustainable logistics solutions by combining Hellmann’s global logistics network and technology capabilities along with the deep automotive supply chain expertise of Motherson. 
The Dubai-based company will provide access to more than 30,000 global suppliers and trusted OEM relationships. It will also help deliver greater stability, predictability and efficiency across global logistics operations and spending. Both the partners are committed to carbon net-zero targets and will leverage their expertise and technologies to support industry-wide sustainability initiatives. The joint venture will support Motherson’s growing global manufacturing footprint and the broader automotive ecosystem while strengthening Hellmann’s global automotive logistics capabilities.
Arjun Kochhar, Chief Executive Officer, Logistics Solutions Business Division, Motherson Group, said, “Motherson’s Logistics Division focuses on building specialised platforms that support the evolving supply chain needs of the Group, our customers, suppliers and the broader ecosystem, as part of Motherson’s solutions strategy. Our partnership with Hellmann Worldwide Logistics combines Motherson’s integrated industrial capabilities with Hellmann’s extensive network and advanced logistics expertise. Together we aim to deliver more resilient, agile and sustainable logistics networks in an increasingly interconnected and complex global environment.”

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Autoverse Mobility announced a series of technical and service initiatives at Motor Mechanic Day 2026 to address transparency and parts authenticity in the Indian automotive aftermarket. The digital distributor is introducing traceability systems and certification programmes to support garage operations.

The company has launched a warranty programme for multi-brand garages underpinned by an advanced traceability system. This platform allows for the verification and tracking of genuine parts across the supply chain.

To improve consumer access to verified providers, Autoverse introduced a WhatsApp-based mechanic discovery feature. This tool connects vehicle owners with garages that utilise verified parts, aiming to standardise service reliability.

Autoverse Mobility, in partnership with Paracoat Products, unveiled Pynoseal, an underbody coating solution for vehicle durability.

Recognising the shift toward electrification, the company launched an EV Mechanic Certification Programme. This initiative focuses on – technical training, workshop digitalisation, industry collaboration with direct engagement with component brands such as Sumax Industries, Lumax Auto and Delux Bearings.

Rama Shankar Pandey, Co-Founder, Autoverse Mobility, said, “As vehicles become more advanced and electrified, the role of mechanics is becoming even more critical to the reliability and safety of mobility. The future of mobility will not just be defined by vehicles, but by the strength of the ecosystem that supports them. For too long, the aftermarket has operated with fragmentation, limited transparency, and unequal access to quality parts and capabilities. By empowering mechanics with the right tools, trust, and opportunities, we are enabling a more reliable, transparent, and scalable aftermarket for India through Autoverse Mobility. Our vision is to fundamentally redefine how India services its vehicles while significantly reducing the need for heavy CAPEX.”

Mihir Mohan, Founder and CEO, Autoverse Mobility, added, “Through our new initiatives, we aim to strengthen an ecosystem where garages can operate with confidence and customers can rely on every repair. As mobility evolves, especially with the shift to electric, enabling mechanics with the right capabilities and access will be critical to the future of the aftermarket. Motor Mechanic Day 2026 reflects our commitment to bringing the industry together while laying the foundation for a more trusted, transparent, and future-ready automotive aftermarket in India.”

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Bosch and Tata AutoComp Systems (TACO) have announced a 50:50 joint venture to develop electric vehicle components for the Indian market. The partnership, headquartered in Pune, is scheduled to begin operations by mid-2026, pending regulatory approvals.

The joint venture will specialise in the engineering, manufacturing and sales of eAxle systems and electric motors. This initiative is designed to localise global powertrain technologies for passenger cars and specific commercial vehicle segments in India.

Bosch has invested EUR 6 billion globally in e-mobility research and development. This agreement allows the company to transfer its technical expertise to the Indian automotive ecosystem, which is currently the third largest in the world. The collaboration aims to provide scalable technology solutions that meet increasing demand for domestic production and sustainable transport.

Guruprasad Mudlapur, President, Bosch Group in India and Managing Director of Bosch, said, ‘‘At Bosch, we strongly believe that Battery Electric technology is the definitive path to achieving low emissions in passenger cars and select commercial vehicle segments. Our joint venture with Tata AutoComp is designed to accelerate the adoption of these technologies by delivering efficient, state-of-the-art e-Mobility solutions to our customers.”

Sandeep Nelamangala, Joint MD, Bosch and President of Bosch Mobility India, said, “Mobility market worldwide is going through a transformation and India is no different. E-mobility is a strategic field for us and is evolving rapidly. Our customers are asking for cutting-edge global solutions to be made locally in India. This is exactly what the joint venture aims to do.”

Arvind Goel, Vice-Chairman, Tata AutoComp, added, “India’s mobility ecosystem is undergoing a rapid transformation driven by electrification, localisation and the need for scalable technology solutions. This joint venture between Tata AutoComp Systems and Bosch brings together complementary strengths in engineering, technology and manufacturing to accelerate the development of advanced e-mobility solutions for the Indian market.”

Karsten Muller, Executive Vice-President, Manufacturing and Quality, Electrified Motion, Robert Bosch, said, “India being world’s third largest automotive market, Bosch aims to leverage stronger opportunities for its business in India. This planned partnership with TACO further cements our presence in e-mobility, enabling us to deliver cutting edge global solutions locally in India including engineering and manufacturing expertise.”

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