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Wheels India enters into joint venture with Bosch

21 May 2026 Evaluate

Wheels India, along with its group company Brakes India, has entered into a joint venture (JV) with Bosch, for the development and manufacture of next-generation electronically controlled air system products for commercial vehicles (trucks and buses) to be sold worldwide. Wheels India and Brakes India are part of TSF Group. The company and Brakes India will collectively hold 50% stake in the JV, while Bosch will hold rest 50% stake.

Globally, there is a shift in OEMs, towards modular, electronically controlled air and braking platforms and suspension systems, which is the product portfolio of the JV. The JV will focus on engineering, manufacturing and sales of electronically controlled and software driven modules for air compression, air processing, air suspension, and air parking brakes. The proposed joint venture seeks to combine Bosch’s strengths in electronics & software, sensing and control systems with the mechanical system design, pneumatic management architecture and manufacturing capabilities available within Brakes India and Wheels India.

Wheels India engages in the design, manufacture, and sale of automobile wheels in India.

Wheels India Share Price

1527.85 27.25 (1.82%)
04-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 144.30
Tube Investments 3091.20
Bosch 37009.50
UNO Minda 1082.75
CIE Automotive India 456.25
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