JRG Automotive Industries Private Limited has successfully acquired the two-wheeler functional plastics division of Stanley Engineered Fastening India (SEFI), further strengthening its manufacturing footprint in South India. The deal includes two operational production facilities located in Manesar, Haryana, and Bangalore.
The acquired division specializes in producing plastic injection-moulded components for two-wheeler OEMs, construction equipment makers, and Tier-1 suppliers across India. SEFI, a subsidiary of Stanley Black & Decker, will continue to operate its core business in engineered metals and plastic fastening solutions at its facilities in Chennai and Bangalore.
Pawan Goyal, Founder & Managing Director of JRG Automotive, emphasized that this acquisition enhances the company’s presence in India’s key automotive hubs and broadens its reach into the infrastructure equipment manufacturing sector.
JRG Automotive, which produces plastic components for the automotive and defense industries, aims to double its revenue this year through domestic and international joint ventures and acquisitions. This strategic move significantly expands the company’s manufacturing capabilities and geographic presence within India’s automotive sector.
The financial details of the transaction have not been disclosed. Meanwhile, Stanley Engineered Fastening India will continue to serve various markets, including aerospace, automotive, and industrial segments, with its engineered fastening solutions.
Stanley Engineered Fastening is a global leader in precision fastening and assembly solutions, catering to industries such as automotive, aerospace, construction, and industrial manufacturing. A division of Stanley Black & Decker, the company provides a wide range of fasteners, tools, and automation solutions that enhance product durability, efficiency, and safety.
With a strong focus on innovation, Stanley Engineered Fastening integrates advanced technologies like smart fastening systems and lightweight materials to meet the evolving demands of modern manufacturing. Its global presence and expertise make it a trusted partner for companies seeking reliable and high-performance fastening solutions.
JRG Automotive Industries is a key player in the automotive components sector, specializing in the manufacturing of precision-engineered parts for vehicles. The company supplies a variety of products, including fasteners, stamped components, and assemblies, to major automotive manufacturers and suppliers.
With a focus on quality, innovation, and cost-effectiveness, JRG Automotive Industries leverages advanced manufacturing processes and stringent quality control to ensure high-performance solutions. The company’s commitment to technological advancements and sustainability has positioned it as a trusted supplier in the competitive automotive industry.
