Bengaluru: Sansera Engineering Limited (Sansera), a leading manufacturer of precision-engineered components for the automotive and non-automotive sectors, has announced a strategic joint venture with Japan-based Nichidai Corporation (Nichidai). The partnership will focus on manufacturing precision forged and machined aluminium and steel components for differential assemblies, compressors, driveline systems, and other advanced automotive applications not currently produced by Sansera, catering to both Indian and global markets.
The partnership will establish and operate a private limited company to be incorporated in Bengaluru, India (the “JV Company”) to undertake these manufacturing operations.
Strategic Rationale
This collaboration brings together Nichidai Corporation’s 50 years of expertise in manufacturing dies, precision components, and filters developed across operations in Japan and Thailand, with Sansera’s established presence in India’s automotive sector. The partnership leverages complementary strengths to create a world-class manufacturing platform capable of serving both domestic and global markets.
Structure & Governance
The Joint Venture will operate as a private limited company to be incorporated in Bengaluru, Karnataka, India, with Sansera holding a 60% equity stake and Nichidai holding 40%. This structure reflects a commitment to building a strong, domestically anchored enterprise aligned with the Government of India’s vision of “Make in India” and “Atmanirbhar Bharat,” while leveraging international expertise and technology transfer.
Value Creation to Stakeholders
This Joint Venture will enable Sansera to:
• Diversify the product portfolio of precision-engineered components and derisk against their
existing IC engine components.
• Access new customer segments and international markets
• Create additional revenue streams and improve financial performance
• Strengthening competitive positioning in the automotive value chain
• Create skilled employment opportunities and contribute to the economic development of
Karnataka
Commenting on this strategic JV, Mr. S Sekhar Vasan, Chairman & Managing Director of Sansera said, “We are extremely pleased to announce this landmark Joint Venture with Nichidai, Japan, which represents a pivotal moment in Sansera’s evolution and growth story. This strategic partnership is perfectly aligned with our vision to expand into high-value, technology agnostic automotive component segments and strengthen our position as a comprehensive solutions provider to the global automotive industry.
By partnering with Nichidai, we are gaining access to world-class Japanese precision engineering technologies and manufacturing processes that will enable us to produce advanced components that represents the next frontier of automotive manufacturing excellence.”
Mr. Naoki Ito, President, of Nichidai said, “On behalf of Nichidai Corporation, I am honoured to announce this strategic Joint Venture with Sansera, marking our entry into India’s vibrant and rapidly growing automotive components manufacturing sector. India represents one of the world’s most dynamic automotive markets, and we have been carefully evaluating opportunities to establish a meaningful presence in this important geography.
After extensive evaluation, we are convinced that partnering with Sansera will provide us with the ideal platform to bring Nichidai’s 50 years of precision engineering expertise and Japanese quality standards to the Indian and global markets.”