JRG Automotive Acquires Stanley Engineered Fastening’s Two-Wheeler Plastics Division, Strengthening Manufacturing Presence!
By Ashutosh Arora
JRG Automotive Industries Private Limited has successfully acquired the two-wheeler functional plastics division of Stanley Engineered Fastening India (SEFI), further expanding its footprint in South India. The acquisition includes two operational production facilities in Manesar, Haryana, and Bangalore, strengthening JRG Automotive’s presence in India’s key automotive hubs and broadening its reach into the infrastructure equipment manufacturing sector.
The acquired division specializes in plastic injection-molded components, catering to two-wheeler OEMs, construction equipment manufacturers, and Tier-1 suppliers across India. With this move, JRG Automotive is set to enhance its capabilities in automotive plastics and reinforce its position as a leading supplier in India’s growing mobility sector.
Pawan Goyal, Founder & Managing Director of JRG Automotive, highlighted the significance of the deal, stating:
“This acquisition aligns with our long-term strategy of expanding into key automotive hubs while diversifying into the infrastructure equipment sector. It strengthens our capabilities and enhances our ability to serve OEMs and Tier-1 suppliers with high-quality plastic components.”
JRG Automotive, a major player in the automotive and defense industries, is on a rapid growth trajectory. The company has set ambitious targets, aiming to double its revenue this year through domestic and international joint ventures and acquisitions. This latest expansion provides enhanced manufacturing capabilities and a stronger geographic presence, positioning JRG Automotive as a key supplier for the two-wheeler and commercial vehicle segments.
Despite divesting its two-wheeler plastics division, Stanley Engineered Fastening India (SEFI) will continue to operate in engineered metals and plastic fastening solutions, maintaining facilities in Chennai and Bangalore. SEFI, a subsidiary of Stanley Black & Decker, remains a global leader in precision fastening and assembly solutions, serving the automotive, aerospace, construction, and industrial manufacturing sectors.
With a strong focus on smart fastening systems and lightweight materials, Stanley Engineered Fastening continues to provide high-performance fastening solutions that improve product durability, efficiency, and safety across multiple industries.
This acquisition further solidifies JRG Automotive’s role as a key supplier in India’s rapidly evolving automotive industry, complementing its existing expertise in precision-engineered components, fasteners, stamped parts, and assemblies. With an expanding portfolio and a strong manufacturing base, the company is well-positioned to capitalize on growth opportunities and drive innovation in the automotive and infrastructure sectors.
As JRG Automotive continues its strategic expansion, this acquisition marks a major milestone in its journey toward becoming a leader in automotive component manufacturing, reinforcing its commitment to quality, efficiency, and innovation in India’s dynamic industrial landscape.
