RSB Group Celebrates 50th Anniversary

RSB Group Celebrates 50th Anniversary

RSB Group, one of India’s largest automotive component manufacturers, is celebrating its 50th anniversary and has plans to honour the decades of innovation, resilience and growth by achieving 3X growth in the next three to four years.

RSB Group was founded by brothers R K Behera and S K Behera in 1974 with just INR 200,000, which included a state subsidy for Technocrats for INR 20,000. The company has now expanded into an INR 30 billion-plus industry major, employing more than 6,000 people, and plans to celebrate the 50-year milestone by focusing on surpassing the INR 100 billion revenue mark before launching an IPO in the next 3-4 years.

These expansion aspirations will be greatly aided by a recent strategic alliance with Bain Capital, which made an investment in RSB a few months ago. With a strong emphasis on global markets, especially when it comes to growing operations in Mexico, this partnership will help both organic and inorganic growth. At the moment, RSB runs two factories abroad, 17 manufacturing sites in India and a tech subsidiary called I-DESIGN Engineering Solutions Ltd in Pune. Major domestic and foreign customers of the firm include Ford, Fiat, Isuzu, Cummins, John Deere, Volvo, Renault Nissan, JCB, Ashok Leyland, Mahindra & Mahindra and Tata Motors.

Early difficulties notwithstanding, RSB's journey acquired tremendous impetus with a crucial contract from Tata Motors, which resulted in growth of almost 75 percent annually until 1990 and a steady 25 percent CAGR after that. In order to give OEMs a comprehensive solution and establish itself as a powerful player in the e-mobility industry, RSB is also investing in the electric vehicle (EV) market as part of its sustainable growth plan. RSB is working with an Israeli startup to create EV solutions, such as controllers, motors, and e-axles. Over the next five years, the business plans to generate 25 percent of its income from EV components and 75 percent from conventional car components as part of a strategic revenue mix.

R K Behera, Chairman, RSB Group, stated, “Looking back on 50 years of RSB, I am deeply grateful for the journey we’ve taken. The celebration is not just about marking a milestone; it’s a tribute to the humble beginning, to the dedication and shared values that have brought us here. This journey wasn’t one I took alone; it was built alongside my brother, S K Behera, whose support and determination carried us through our most challenging times. In the beginning, we faced intense struggles – limited resources, financial setbacks and constant hurdles – but with SK by my side and the unyielding spirit of our employees, we persisted. Every success is truly a testament to the sacrifices, resilience and dedication of our RSB parivar. As we look forward, I urge our next generation to hold fast to these values of integrity, quality and respect. They are also expected to have a strong focus on sustainability. Together, we have not only achieved growth but also built a legacy that we can proudly pass on, impacting our communities and industry for years to come.”

S K Behera, Vice Chairman, RSB Group, said, “Our journey from a small workshop to an industry leader with an INR 30 billion-plus revenue base has been one of resilience, strategic vision and a focus on excellence. From the earliest days, we were guided by the belief that taking care of our people would allow us to achieve remarkable things. Every milestone reflects the hard work, talents and sacrifices of our employees, whose dedication and commitment have driven RSB forward. As we now embrace new opportunities – from electric vehicle technology to expanding into international markets – our focus remains on building with integrity and quality. Looking to the future, we will continue setting new industry standards, not just for growth but for creating lasting value and impact in every market we enter. We are exploring a few opportunities, and a decision will be taken in a few months.”

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    Kongsberg Automotive Inaugurates New Plant In Fardiabad

    Kongsberg Automotive

    Norway-headquartered automotive component supplier Kongsberg Automotive has inaugurated its new manufacturing facility in Faridabad, India.

    The Norwegian company is a leading supplier of driver and motion control systems, fluid assemblies and industrial driver interface products. It primarily caters to on-highway, passenger cars, off-highway and aftermarket segments.

    The company has established its presence in 17 countries globally, employs over 4,700 people in 32 locations and clocked EUR 788 million revenue in 2024.

    The new facility primarily manufactures Drive Control Systems (DCS) products – steering columns, cable gear shifters, shift towers and shift-by-wire shifters, among others. Furthermore, the new facility will allow Kongsberg Automotive to expand its production capability for Flow Control Systems (FCS) products.

    Robert Pigg, Executive Vice-President of Drive Control Systems, Kongsberg Automotive, said, “This relocation represents a significant step in Kongsberg Automotive’s ongoing journey toward growth and enhanced manufacturing excellence in India.”

    The new facility is spread across 6,947 square metres, as compared to its previous plant in the same locality.


     

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      Marelli Bags Three 2025 Automotive News PACE Awards

      Marelli Bags Three 2025 Automotive News PACE Awards

      CK Holdings-owned Italian automotive tier 1 supplier Marelli has won three accolades at the 2025 Automotive News PACE Awards.

      The company won awards for Innovation Partnership Award for Digital OLED Taillights, PACE Award for Digital OLED 2.0 Technology and PACEpilot Award for Electromechanical Suspension.


      The first award jointly received by Marelli and Audi for their collaboration on the Digital OLED Taillight, featured on the 2024 Audi Q6 e-tron. The award highlights successful supplier-OEM partnerships in commercialising advanced technologies.

      The second-generation Digital OLED Taillight allows drivers to personalise their vehicle with up to eight light signatures via the MMI or myAudi app. It also enhances safety through proximity indication and vehicle-to-everything (V2X) communication, displaying warning symbols in critical situations.

      Frank Huber, President, Marelli’s Lighting business, said, “This award reflects our commitment to co-creating innovations with partners like Audi.”

      The second award was won jointly by Marelli and OLEDWorks for the Digital OLED 2.0 rear lights on the Audi Q6 e-tron. The technology uses 60-segment OLED panels, controlled via a high-speed CAN-FD bus, enabling dynamic light signatures and improved safety features.

      The system reduces mechanical complexity, increases energy efficiency and supports advanced animations. Steve Muench, Head of Marelli Lighting North America, and David DeJoy, CEO of OLEDWorks, accepted the award.

      Lastly, Marelli was recognised for its Fully Active Electromechanical Suspension, which received a PACEpilot Award for its potential to transform future mobility. The oil-free system uses four actuators to adjust suspension in real-time, improving comfort and efficiency while reducing motion sickness.

      Antonio Ferrara, President, Marelli’s Ride Dynamics business, said: “This award acknowledges our commitment to advancing vehicle dynamics for electric and autonomous vehicles.”

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        Hindustan Zinc Launches Digitally-Enabled Zinc Freight Bazaar

        Hindustan Zinc Launches Digitally-Enabled Zinc Freight Bazaar

        Hindustan Zinc Limited, India’s only and the world's largest integrated zinc producer, has launched Zinc Freight Bazaar, a digital-first logistics management system aimed at empowering customers, enhancing experience and simplifying the overall logistics process.

        Zinc Freight Bazaar, which was created with a strong emphasis on user experience, makes it possible for clients to make knowledgeable logistical decisions and supports efficient production planning. The platform is designed to satisfy its users' complex needs. The platform offers a number of associated logistics service providers, real-time tracking, a logistics planner and a bidding mechanism. Customers had to switch between many systems for shipment monitoring and logistics coordination in the traditional zinc procurement process, but this new platform provides a simplified, end-to-end digital solution that enables business teams to easily acquire vital metals.

        As a vital component of galvanisation, zinc protects steel from corrosion and supports vital sectors including electronics, renewable energy, infrastructure, high-tech manufacturing, defence and electric mobility. London Metal Exchange (LME)-registered premium products such as Special High-Grade Zinc, High Grade Zinc, Asia's first low carbon ‘green’ zinc EcoZen, Prime Western Zinc, Continuous Galvanizing Grade Zinc, Special High Grade Jumbo Zinc, High Grade Jumbo Zinc, Hindustan Zinc Die Casting Alloy 3, Hindustan Zinc Die Casting Alloy 5 and Special High-Grade Lead are among the products offered by Hindustan Zinc.

        Arun Misra, CEO, Hindustan Zinc Limited, said, “At Hindustan Zinc, we have always prioritised a customer-first approach to enhance the critical metal buying experience. With the integration of digitalisation, we are taking a decisive step forward in delivering a seamless, tech-enabled experience. This platform simplifies procurement and reinforces our commitment to building a future-ready supply chain. As India’s economy continues to expand, the role of zinc in infrastructure development becomes increasingly vital. This platform will empower manufacturers with improved production planning while providing a unified solution for logistics management.”

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          ZF Bags Multi-Year Order For AxTrax 2 Electric Axles From CV Maker In India

          ZF AxTrax 2 Electric Axles

          ZF Commercial Vehicle Solutions, a division of German tier 1 supplier ZF Group, has recently secured a multi-year business order from one of India’s leading commercial vehicle manufacturers for supply of AxTrax 2 Electric Axles.

          As part of the understanding, ZF will supply its AxTrax 2, an integrated and modular electric axle for medium duty buses, which the company said provides a more efficient, high-performance solution. The contract covers a supply of several thousand units over multiple years.

          The AxTrax 2 electric axle is designed to replace the engine, transmission and conventional axle to electrify a commercial vehicle. It is part of ZF’s modular e-mobility kit, which integrates in-house developed components into an innovative axle-based solution that is efficient, compact and lightweight in design.

          Akash Passey, President, ZF Group in India, said, “ZF Group has an established presence in India's commercial vehicle sector, consistently leading the charge in pioneering advanced technology solutions that enhance safety, efficiency, and sustainability in mobility. This business nomination highlights our pivotal role in delivering innovative mobility solutions tailored to meet the evolving needs of our OEM partners.”.

          P Kaniappan, Senior Vice-President – CVS Division (India), ZF Group, added, "AxTrax 2 represents evolution of our journey towards market leadership and sustainability for the next generation of mobility in India. This milestone reinforces ZF Group’s position as the industry leader in e-mobility while delivering significant advancements for both our customers and the Indian market."

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