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09-May-2025

NDR Auto Components

Formed a 50:50 JV with Hayashi Telempu to manufacture a range of auto components


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NDR Auto Components hosted a conference call on May 9, 2025. In the conference call, company was represented by: Pranav Relan- Whole Time Director, Mr. Vikram Krishan Rathi – CFO & Vice President, and Mr. Rakesh Rustagi – GM – Finance & Accounts.

Key takeaways of the call

The company has entered into an agreement with Hayashi Telempu (Hayashi) to form a joint venture named “NDR Hayashi Automotive India” for manufacturing auto components, including ambient lights, carpets, dash inners, rear shades, and tonner covers. Both companies will hold a 50% stake in the JV.

Hayashi Telempu, whose sales amounted to USD 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. A large number of these offerings are focused on the area of noise, vibration, and ...



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