Highway Roop Precision Technologies Limited, a Carlyle-backed precision manufacturing company, has completed the acquisition of Chamundi Die Cast Private Limited, an Indian manufacturer of aluminium die-cast and precision-machined components for automotive and industrial applications. The acquisition brings aluminium die-casting and machining capabilities into Highway Roop’s existing forging and precision-machining platform. The combined business will serve applications across steering, transmission and powertrain systems, while expanding its portfolio of lightweight engineered components.
Chamundi has integrated capabilities covering tool design and manufacturing, high-pressure and gravity die-casting, precision machining, powder coating and assembly. The company also has a growing portfolio of components for electric vehicles and serves customers across India, North America and Europe.
The acquisition expands Highway Roop’s manufacturing footprint into South India and adds an established export-oriented facility to its network. The company said the combination will help diversify its manufacturing base, improve proximity to customers and strengthen supply-chain resilience.
Mohit Oswal, Chairman of Highway Roop, said, “This acquisition is an important milestone in our journey to build Highway Roop into a scaled, diversified precision manufacturing platform anchored in mission-critical torque and control applications. Chamundi’s capabilities and customer relationships complement our existing strengths and strengthen our ability to serve customers across automotive and industrial applications.”
Dharmesh Arora, Group CEO and Director of Highway Roop, said Chamundi strengthens the company’s capabilities in torque and control applications and expands its ability to manufacture complex, lightweight components for different vehicle technologies. Yasin Khan, Managing Director of Chamundi, said the company had built its business over four decades through engineering capabilities, an experienced workforce and long-standing customer relationships. He added that Chamundi would continue to hold a stake in the combined entity.
Founded in 1985 by Ghouse Khan, Chamundi has developed capabilities across die-casting, machining, coating and assembly. Its customer base spans automotive and industrial applications, while its EV component portfolio provides an additional area of business.
Highway Roop manufactures forged and precision-machined components and assemblies for steering, transmission and powertrain systems used in electric, hybrid and internal-combustion engine vehicles. The company is expanding its manufacturing capabilities through investments in technology, talent and production systems.
Amit Jain, Partner and Head of Carlyle India Advisors, said the transaction adds complementary capabilities to Highway Roop and supports its expansion as a precision manufacturing platform serving automotive and industrial customers globally. The acquisition brings together forging, machining and aluminium die-casting capabilities and broadens Highway Roop’s ability to supply engineered components across vehicle and industrial applications.
Carlyle (NASDAQ: CG) is a global investment firm that invests private capital across three business segments: Global Private Equity, Global Credit and Carlyle AlpInvest. As of June 30, 2026, Carlyle had $485 billion in assets under management. The firm employs more than 2,500 people across 28 offices in four continents. Carlyle works with companies and investors across sectors and markets, with a focus on deploying capital and industry expertise to support business growth and investment performance.
Founded in 1985 by Mr Ghouse Khan, Chamundi Die Cast Private Limited manufactures precision-machined aluminium die-cast components for automotive and industrial applications. Its capabilities cover tool design and manufacturing, high-pressure and gravity die-casting, precision machining, powder coating and assembly.
Chamundi provides integrated manufacturing solutions to customers across India, North America and Europe. The company has also developed a growing portfolio of components for electric vehicles and operates an export-focused manufacturing base in South India.
Highway Roop Precision Technologies Limited is a Carlyle-backed manufacturer of precision components for torque and control applications across the automotive and industrial sectors. The company produces forged and precision-machined components and assemblies used in steering, transmission and powertrain systems for electric, hybrid and internal-combustion engine vehicles. It supplies leading customers in global markets and is expanding its precision manufacturing platform through investments in technology, production capabilities, talent and systems.
