Sansera Engineering has announced a strategic joint venture with Nichidai Corporation of Japan. The joint venture will focus on manufacturing advanced automotive components in India for both domestic and international markets. A new company will be established in Bengaluru with Sansera holding a 60% stake and Nichidai holding 40%. The partnership aims to leverage Nichidai’s expertise and Sansera’s market presence.
Strategic Partnership Announced
Sansera Engineering is partnering with Nichidai Corporation to manufacture precision forged and machined parts in aluminium and steel. These components will be used in differential assemblies, compressors, driveline systems, and other advanced automotive applications.
Joint Venture Details
The joint venture will establish a new company in Bengaluru. Sansera will hold 60% equity, while Nichidai will hold the remaining 40%. The initial authorized equity share capital is proposed to be INR 200 million, with an initial paid-up capital of INR 200,000. Sansera’s board approved the joint venture on January 29, 2026.
Nichidai’s Role
Nichidai will exclusively supply the tooling required for the business and provide technical know-how, specifications, designs, process information, and manufacturing-related assistance to the JV Company.
Anticipated Benefits
Both Sansera and Nichidai will leverage their existing customer and sales networks to expand the customer base and promote the JV Company’s business. The partnership enables Sansera to diversify its product portfolio and access international markets. The aim is to contribute to the growth of the automotive value chain in India. Sansera plans to invest up to INR 500 million in the JV.
Source: BSE