Sansera Engineering Limited announced a strategic joint venture with Japan's Nichidai Corporation to manufacture precision forged and machined parts in aluminium and steel for advanced automotive components. The joint venture company, to be incorporated in Bengaluru, India, will be 60% owned by Sansera and 40% by Nichidai. The Board of Directors of Sansera approved the execution of the Joint Venture Agreement on January 29, 2026. The JV will focus on manufacturing components for differential assemblies, compressors, driveline, and other automotive parts not currently produced by Sansera, for sale in both Indian and overseas markets. Nichidai Corporation will provide technical know-how, designs, process information, and manufacturing-related assistance, along with supplying necessary tooling. The JV Company is proposed to have an initial authorized equity share capital of ₹2,00,00,000 and an initial paid-up share capital of ₹2,00,000. Sansera has approved an investment of up to ₹500 million in the JV Company. The rationale behind this collaboration is to leverage Nichidai's expertise in manufacturing dies and precision components with Sansera's established presence in the Indian automotive sector. This move aims to diversify Sansera's product portfolio, access new customer segments, improve financial performance, and strengthen its competitive positioning. The JV is expected to be operational within approximately 12 months from the disclosure date.
