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Hindustan Composites inks long term technical assistance agreement with TBK

31 Aug 2017 Evaluate

Hindustan Composites has signed a Long Term Technical Assistance Agreement with TBK Co., headquartered in Tokyo, Japan to obtain technical assistance for manufacture of commercial vehicle brake friction materials in India.

TBK Co. controls about 70% market share for heavy and medium duty commercial vehicle brakes in Japan.

Hindustan Composites is a pioneer in the development, manufacturing & marketing of Asbestos Industrial Products and Friction Materials in India.



Hindustan Composites Share Price

493.70 13.20 (2.75%)
17-Apr-2026 16:59 View Price Chart
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