NDR Auto, Hayashi Form JV; Mitsu Chem Wins Risk Award

14 May 2025 CW Team

NDR Auto Components Limited has entered into a 50:50 joint venture with Japan-based Hayashi Telempu, with both firms investing Rs 333 million each. The partnership aims to introduce cutting-edge automotive interior solutions, including technologies for noise, vibration and harshness (NVH) control and ambient lighting, to the Indian market. Their first order—ambient lighting systems for Toyota—will feature vehicle-mounted illumination for shift levers, headliners, and instrument panels.

Hayashi Telempu, with 2024 revenues of USD 2.1 billion, brings deep expertise in cabin comfort and product innovation, while NDR Auto leverages its established presence in the Indian auto component sector. The companies plan to eventually localise production of these offerings.

Meanwhile, Mitsu Chem Plast Limited has been honoured with the “Master of Risk – Manufacturing (Small Cap)” award at the 11th India Risk Management Awards hosted by CNBC-TV18. Recognised for its robust risk management practices in manufacturing hospital furniture components and packaging products, Mitsu received the accolade among peers from Wipro, Tata Group, Hindustan Zinc, and others. Chairman Jagdish Dedhia credited the award to the firm’s proactive approach and organisational resilience.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..