“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.,” said a release. The release, however, did not mention the quantum of investment made by Brakes India in TBK. TBK, a global auto component manufacturer in the M&HCV (medium and heavy commercial vehicle) 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,” said the release “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,” the release quoted Mr SrSriram Viji, Managing Director, Brakes India, as saying. TBK Co., Ltd., headquartered in Tokyo, Japan, is a leading global supplier of braking systems, pumps,and engine-related components for the commercial vehicles, passenger cars, construction and other industrial machinery segments. Established on August 1, 1949, the company operates manufacturing facilities in Japan, Thailand, India and China. The company employs approximately 2,700 people worldwide. TBK is vertically integrated with its own foundries in Japan and develops a wide range of products including integral actuator drum brakes, drum brakes, hydraulic brakes, air brakes, brake pads, brake linings, electromagnetic retarders and regenerative-type retarders. The company reported revenues of over ₹3,000 crore(USD 350 million) in FY 2024-25. Brakes India is a leading supplier of braking systems and ferrous castings, catering to passenger, commercial vehicles, and tractors. Founded in 1962, its revenues exceed ₹7,550 crores (USD 910 million) in FY 2024-25.
