Dhoot Transmission Limited, a Bain Capital-backed company and one of India’s leading electrical and electronics manufacturers, has announced the acquisition of MULTILINK through an affiliate entity. The transaction is aimed at expanding Dhoot’s electronics capabilities, strengthening its presence in the two-wheeler and three-wheeler segments, and creating growth synergies across products, customers and manufacturing operations.
MULTILINK is a well-established supplier of electronics and electrical products to several original equipment manufacturers (OEMs) in India. Founded in 1983, the company has a diversified product portfolio that includes chargers, sensors, relays and switches. Headquartered in Bengaluru, MULTILINK operates three manufacturing facilities located in Hosur, Mysore and Manesar.
The acquisition represents another strategic expansion step for Dhoot as it builds a larger integrated solutions platform for India’s automotive sector. The company said the move aligns with rising industry demand driven by vehicle electrification, premiumisation and growing electronic content across mobility platforms.
The combined business is expected to strengthen Dhoot’s position in key electronic and electrical product categories for two-wheeler and three-wheeler OEMs, while also creating cross-selling opportunities across a broader customer base. The integration is expected to support faster growth through expanded market reach and a wider technology portfolio.
Rahul Dhoot, Managing Director of Dhoot Transmission Limited, said, “MULTILINK is a strong strategic fit for Dhoot due to its complementary product range and long-standing customer relationships. This acquisition enhances our presence in the rapidly evolving two-wheeler and three-wheeler markets, where electrification and increasing electronic content are creating structural growth opportunities. We are pleased to welcome the MULTILINK team to the Dhoot family.”
Saahil Bhatia, Partner at Bain Capital, said, “We have remained focused on supporting Dhoot’s transformation into a scaled and future-ready automotive components platform. This acquisition continues that strategy by strengthening Dhoot’s electronics capabilities and deepening its participation in high-growth mobility segments. We expect meaningful synergies through procurement efficiencies, manufacturing integration and supply chain optimisation.”
HG Vasuki, Promoter of MULTILINK, said, “Joining hands with Dhoot marks an important milestone in MULTILINK’s journey. Dhoot’s scale, customer relationships and manufacturing strengths, together with Bain Capital’s strategic support, create a strong foundation for the next phase of growth.”
Earlier this year, Dhoot also announced the merger of one of its subsidiaries with FourFront, a Tier-1 supplier of customised electro-mechanical and electronic solutions to OEMs, as part of its broader strategy to expand in the electrical and electronics space.
Established in 1999, Dhoot Transmission Group is a global supplier of wiring harnesses catering to two-wheelers, three-wheelers, commercial vehicles, off-road and farm equipment, as well as electric mobility platforms. Over the past 25 years, the company has diversified into advanced electronics, automotive switches, connection systems, charging solutions, and battery assemblies, supporting both conventional and next-generation vehicles worldwide.
