Ahmedabad: Brakes India Private Limited and Japan-based TBK Co., Ltd. have entered into a strategic capital and business alliance, formalised through the signing of a definitive agreement. As part of the transaction, Brakes India, a TSF Group company, has acquired a 10 per cent equity stake in TBK via a primary capital infusion.
The alliance represents a significant step for both companies in strengthening their presence in the commercial vehicle braking systems segment. It is expected to enable closer collaboration across product development, market access, and supply-chain integration, while creating long-term value for customers and stakeholders.
TBK is a globally recognised auto component manufacturer with a strong presence in the medium and heavy commercial vehicle (M&HCV) segment, specialising in braking systems, pumps, and engine-related components. The partnership is designed to leverage the complementary technological capabilities and geographic footprints of both organisations. It will enable Brakes India to introduce its hydraulic and pneumatic braking products into new export markets, while facilitating the expansion of TBK’s product portfolio within the Indian domestic market.
Commenting on the agreement, Kaoru Ogata, President and Chief Executive Officer, TBK Co., Ltd., said the collaboration would allow both companies to maximise synergies across technology and customer engagement. “By combining our respective strengths, we aim to jointly develop high value-added products and solutions for our markets and contribute to the advancement of next-generation mobility,” he said.
Sriram Viji, Managing Director, Brakes India, said the alliance marks the beginning of a long-term strategic relationship. “This partnership aligns with our focus on sustainable, long-term growth. It provides access to TBK’s product portfolio for the Indian market, while enabling us to offer Brakes India’s pneumatic braking solutions to customers outside India,” he said.
The companies stated that the collaboration will focus on the development of cleaner, safer, and more efficient braking technologies for commercial vehicles, in line with evolving regulatory requirements and the industry’s shift towards advanced and sustainable mobility solutions.