5 months ago
3
Wheels India connected Monday (December 15, 2025) said it has signed a method assistance statement with Japan's Topy Industries for design, improvement and manufacture of aluminium alloy wheels.
Topy volition supply method knowhow and engineering enactment to heighten Wheels India's plan and manufacturing capabilities for formed aluminium instrumentality concern nether the agreement, the institution said successful a statement.
"This statement is expected to bring successful sizeable method expertise successful the aluminium instrumentality conception for Wheels India. We are assured that this statement volition besides assistance america triumph caller businesses and bolster our competitory vantage successful the formed aluminium segment," Wheels India Managing Director Srivats Ram said.
Topy Industries is an implicit 100-year-old globally renowned instrumentality manufacturer. They are a starring shaper of aluminium wheels with cutting-edge technologies, helium noted.
Mr. Srivats further said,"Through this agreement, we are hoping to marque caller inroads into the Japanese OEMs successful India successful the alloy instrumentality segment." The institution said it has besides bagged caller orders for its aluminium wheels concern from Hyundai and Volkswagen and expects to commence supplies adjacent year.
Wheels India said it is presently successful the process of expanding the yearly capableness astatine its alloy wheels works astatine Thervoi Kandigai (in Tamil Nadu) to 7 lakh wheels per annum from the existing 5 lakh wheels per annum.
This capableness enlargement is expected to beryllium completed by the extremity of the adjacent quarter, it said, adding buoyed by the prospects successful the aluminium wheels segment, the institution is readying to further grow its capableness to 10 lakh wheels per annum, which is expected to beryllium completed by the extremity of FY27.
Wheels India already has a associated task with Topy for alloy wheels concern done WIL Car Wheels Ltd with a 74 per cent equity holding. This JV is focused connected alloy wheels for the Japanese OEMs (Original Equipment Manufacturers) successful India.
