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NDR Auto enters into 50-50 JV with Hayashi Telempu

09 May 2025 Evaluate

NDR Auto Components (NDR Auto) has entered into a 50-50 Joint Venture (JV) with Hayashi Telempu to bring to the Indian market a range of disruptive and innovative offerings. Both companies will equally invest Rs Rs 33.30 crore towards the setting up of the JV. 

Hayashi Telempu, whose sales amounted to $2.1 billion in 2024 is a Japanese company whose focus is on innovation and quality, often working closely with automotive manufacturers to develop customized solutions that meet specific needs. It annually produces 10mn+ units that transform the inside of vehicles and enhance comfort. 

The JV will leverage NDR Auto’s long-standing experience, capabilities and relationships in the auto components sector, to exclusively bring to the Indian market a range of disruptive offerings from Hayashi Telempu. The JV has also won its first order from Toyota for Ambient Lighting. The Ambient Lighting portfolio includes Vehicle Mounted Illumination that comprises planning and proposals for light effects such as interior illumination of the shift lever, head liner and door trim. It also offers design and lighting solutions for the Instrument panel.

NDR Auto Components is primarily engaged in the manufacturing, fabricating and assembling of every kind of automotive components including seats, spare parts and components for the seats and to deal in each and every kind of activity associated with the manufacture and trading of any kind of components, whether directly or indirectly or whether in India or abroad.


NDR Auto Components Share Price

753.40 -1.95 (-0.26%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 125.00
Tube Investments 2789.65
Bosch 37505.60
UNO Minda 1097.30
CIE Automotive India 490.15
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