Joint Ventures


Bharat Seats Limited (BSL)

Mr. Rohit Relan & Associates had entered into a Joint Venture Agreement in 1988 with Maruti Suzuki India Limited and Suzuki Motor Corporation, Japan to manufacture Car Seating Systems. Bharat Seats Limited was one of the first Joint Venture’s of Maruti Udyog Limited and Suzuki Motor Corporation, Japan. Currently, BSL manufactures seating systems for passenger vehicles and two-wheelers, Seat Frames for two-wheelers, Floor Carpets for Passenger vehicles and body sealing products. BSL has four manufacturing plants in the National Capital Region and one plant in Gujarat. NDR Auto Components Limited holds 28.66% equity in BSL, whose shares are listed on Bombay Stock Exchange.

Toyota Boshoku Relan India Private Limited (TBRI)

A Joint Venture between NDR Auto Components Limited and Toyota Boshoku Asia Company Limited (TBAS) was formed in 2013 to secure business and supply components from Toyota Boshoku product range for customers in Indian Market. NDR Auto Components Limited holds 50% equity in TBRI.

Toyo Sharda India Private Limited (TSIL)

A Joint Venture between NDR Auto Components Limited and Toyo Seat, Japan was formed 2014 to manufacture seat devices and high tensile seat frames for passenger vehicles in India. TSIL has set up a manufacturing plant in National Capital Region and supplies seat devices and seat frames to Bharat Seats Limited. NDR Auto Components Limited holds 50% equity in TSIL.