Brakes India Private Limited and TBK Co., Ltd. have signed a capital and business alliance agreement, marking a significant strategic milestone for both organisations. Under the agreement, Brakes India, a TSF Group company, has acquired a 10% equity stake in TBK through a primary capital infusion.
The investment lays the foundation for leveraging the combined strengths of both companies in commercial vehicle braking solutions, with the objective of creating enhanced value for customers and stakeholders. It enables closer collaboration across technology, products, and markets, reinforcing long-term growth ambitions for both partners.
TBK, a leading global auto component manufacturer in the M&HCV segment, specialises in braking systems, pumps, and engine-related components. The alliance allows both organisations to draw on each other’s complementary strengths, providing access to new geographies, engaging new customers, and exploring diversified supply chains. For Brakes India, the partnership opens opportunities to introduce its hydraulic and pneumatic braking products into new export markets, while also enabling TBK to extend its complementary product portfolio within the Indian domestic market.
Commenting on the agreement, Mr. Kaoru Ogata, President & CEO, TBK, said that through this partnership, both companies would mutually complement each other’s technological strengths and customer bases to the fullest extent, jointly creating high value-added products and solutions for their respective markets. He added that together, the companies aim to unlock new opportunities and contribute to the advancement of next-generation mobility.
Mr. Sriram Viji, Managing Director, Brakes India, said the agreement marks the beginning of a long-term association with TBK and reinforces Brakes India’s commitment to strategic, sustained growth. He noted that the alliance provides Brakes India access to TBK’s product line-up for the Indian market, while also enabling Brakes India’s leading pneumatic braking products to reach new customers outside India.
The collaboration is expected to accelerate the development of cleaner, safer, and more efficient commercial vehicle braking technologies, supporting the industry’s transition towards advanced and sustainable mobility.
TBK Co., Ltd., headquartered in Tokyo, Japan, is a global supplier of braking systems, pumps, and engine-related components for commercial vehicles, passenger cars, construction equipment, and other industrial machinery segments. Established on August 1, 1949, the company operates manufacturing facilities in Japan, Thailand, India, and China, and employs approximately 2,700 people worldwide. TBK is vertically integrated, with its own foundries in Japan, and offers a wide portfolio that includes integral actuator drum brakes, drum brakes, hydraulic brakes, air brakes, brake pads, brake linings, electromagnetic retarders, and regenerative-type retarders. The company reported revenues of over ₹3,000 crores (approximately USD 350 million) in FY 2024–25. Guided by a commitment to a safe and sustainable future, TBK focuses on product reliability, technological innovation, and environmental harmony.
Brakes India is part of the TSF Group, whose heritage dates back to 1911. The Group’s interests span automotive and financial services, with combined revenues exceeding ₹30,000 crores, a workforce of over 42,000 employees, 1,200 branches, and 36 manufacturing facilities.