The division specializes in manufacturing and supplying plastic injection moulded components to leading two-wheeler OEMs, construction equipment manufacturers, and Tier-1 two-wheeler suppliers across India.
As part of the acquisition, JRG Automotive gains ownership of two fully operational manufacturing facilities located in Manesar, Haryana, and Bengaluru, Karnataka. This expansion enhances the company’s manufacturing capabilities while extending its geographical reach.
“With this acquisition, we are securing a strong foothold in South India, particularly Bengaluru, further solidifying JRG's presence across all three major automotive hubs in the country. Additionally, the inclusion of infrastructure equipment manufacturers as customers strengthens our entry into this growing segment,” said Pawan Goyal, Founder & Managing Director of JRG Automotive Industries.
JRG Automotive is a key player in plastic component manufacturing for the automotive industry, with a growing presence in the defense sector.
Meanwhile, Stanley Engineered Fastening India (SEFI), a subsidiary of US-based Stanley Black & Decker, Inc., will continue to focus on its core engineered metals and plastics fastening solutions at its Chennai and Bengaluru facilities.
This acquisition marks a significant step in JRG Automotive’s expansion strategy, reinforcing its role as a key supplier in India’s evolving automotive and infrastructure sectors.
Last updated by a enewsx: