Brakes India Private Limited and TBK Co., Ltd. recently signed a capital and business alliance agreement. With this, Brakes India, a TSF Group Company, acquires 10% shareholding in TBK through a primary capital infusion.
The investment marks an important development for both organisations. This paves the way to
leverage the strength of both the companies for commercial vehicle braking and create
enhanced value for customers and stakeholders.
TBK, a leading global auto component manufacturer in the M&HCV segment specialises in
brakes, pumps, and engine-related components. This move gives both organisations the
scope to draw on each other’s strengths. It provides access to complementary geographies
and has the potential to engage new customers and explore new supply chains. This
opportunity introduces Brakes India’s existing hydraulic and pneumatic products into new
export markets. It also opens avenues to extend the complementary product portfolio of
TBK in the Indian domestic market. “Through this partnership, both companies will mutually
complement each other’s technological strengths and customer bases to the fullest extent,
jointly creating high value-added products and solutions for respective markets. Together,
we aim to unlock new opportunities and contribute to the advancement of next-generation
mobility” said Mr Kaoru Ogata, President & CEO, TBK.
“This milestone is a starting point for a long-term association with TBK. It reinforces our
commitment to strategic, long-term growth. With this agreement, Brake India has access to
TBK’s line-up of products for the Indian market and will offer Brakes India’s leading
pneumatic braking products to new customers outside of India” said Mr Sriram Viji,
Managing Director, Brakes India. This collaboration drives the development of cleaner, safer
and more efficient commercial vehicle braking technologies, supporting the industry’s shift
towards advanced and sustainable mobility.