Sharda Motor Partners with Donghee for Next-Gen Suspension Systems

31 Oct 2025 CW Team

Under the agreement, Donghee will transfer design blueprints, process know-how, and validation protocols to SMIL, enabling local production of control arms, torsion beams, and sub-frames. The partnership significantly expands SMIL’s suspension portfolio, integrating lightweight engineering, structural integrity, and next-generation manufacturing technologies.

The collaboration comes at a time when India’s automotive landscape is rapidly shifting toward SUVs, electric, and premium passenger vehicles, creating rising demand for modern suspension solutions. This alliance aims to bridge capability gaps in the domestic market while building globally competitive systems tailored to Indian driving conditions.

Donghee Industries, a global leader in suspension and chassis systems, serves major automotive OEMs such as Hyundai, Kia, Volkswagen, and Stellantis. Through this partnership, SMIL leverages its extensive manufacturing presence across India, robust OEM relationships, and localisation expertise to co-develop world-class suspension products.

“This partnership enables SMIL to enhance its suspension portfolio through advanced technology integration and increased content per vehicle,” said Aashim Relan, Group CEO, Sharda Motor Industries. “By combining Donghee’s lightweight engineering and advanced manufacturing capabilities with our scale and deep OEM relationships, we are building global competitiveness in the suspension domain.”

“We are delighted to partner with Sharda Motor Industries, a credible player with long-standing OEM relationships in one of the fastest-growing automotive markets globally,” added Joo-Eun Park, CEO, Donghee Industries Co. “This alliance aligns with Donghee’s long-term growth vision to deliver advanced suspension technologies for Indian and global OEMs.”

The partnership reinforces SMIL’s commitment to innovation, localisation, and value-driven collaboration as it continues to expand its capabilities in India’s evolving automotive ecosystem.

Sharda Motor Industries (SMIL), one of India’s leading Tier-1 automotive suppliers, has signed a Technology Licence Agreement (TLA) with Donghee Industries Co. Ltd., Republic of Korea, to introduce advanced suspension systems for Indian and global automotive platforms.Under the agreement, Donghee will transfer design blueprints, process know-how, and validation protocols to SMIL, enabling local production of control arms, torsion beams, and sub-frames. The partnership significantly expands SMIL’s suspension portfolio, integrating lightweight engineering, structural integrity, and next-generation manufacturing technologies.The collaboration comes at a time when India’s automotive landscape is rapidly shifting toward SUVs, electric, and premium passenger vehicles, creating rising demand for modern suspension solutions. This alliance aims to bridge capability gaps in the domestic market while building globally competitive systems tailored to Indian driving conditions.Donghee Industries, a global leader in suspension and chassis systems, serves major automotive OEMs such as Hyundai, Kia, Volkswagen, and Stellantis. Through this partnership, SMIL leverages its extensive manufacturing presence across India, robust OEM relationships, and localisation expertise to co-develop world-class suspension products.“This partnership enables SMIL to enhance its suspension portfolio through advanced technology integration and increased content per vehicle,” said Aashim Relan, Group CEO, Sharda Motor Industries. “By combining Donghee’s lightweight engineering and advanced manufacturing capabilities with our scale and deep OEM relationships, we are building global competitiveness in the suspension domain.”“We are delighted to partner with Sharda Motor Industries, a credible player with long-standing OEM relationships in one of the fastest-growing automotive markets globally,” added Joo-Eun Park, CEO, Donghee Industries Co. “This alliance aligns with Donghee’s long-term growth vision to deliver advanced suspension technologies for Indian and global OEMs.”The partnership reinforces SMIL’s commitment to innovation, localisation, and value-driven collaboration as it continues to expand its capabilities in India’s evolving automotive ecosystem.

Real Estate

07 May 2026

Wadhwa, Arisinfra Tie Up for Panvel Township

The Wadhwa Group has entered into a strategic partnership with ArisUnitern RE Solutions Pvt. Ltd. (Unitern), a subsidiary of Arisinfra Solutions Limited, to drive growth at Wadhwa Wise City (WWC), its flagship integrated township in Panvel, Maharashtra.The alliance will focus on providing solutions to monetise inventory worth approximately Rs 6.5 billion, with plans to release additional inventory valued at Rs 4–4.5 billion.Structured as an eight-month engagement, the partnership combines Wadhwa Group’s real estate expertise with ARIS’ Developer-as-a-Service (DaaS) platform to create a p..

Real Estate

07 May 2026

Maharashtra Plans ₹600 Crore Skill Centres For Construction Workers

CREDAI Pune hosted its annual Construction Safety Awards in Pune, where Maharashtra Labour Minister Akash Pandurang Fundkar announced plans to invest nearly ₹600 crore in modern skill development centres for construction workers across the state.The event, held at Sheraton Grand Pune, was attended by more than 300 CREDAI members and representatives from the construction sector. The proposed centres are planned for locations including Mumbai and Nagpur and will focus on advanced technologies, modern equipment and workforce training aligned with evolving industry requirements.Fundkar called fo..

Infrastructure Urban

07 May 2026

NCLAT Quashes Insolvency Proceedings Against Embassy Developments

Embassy Developments Limited has announced that the Hon’ble National Company Law Appellate Tribunal (NCLAT), New Delhi, has set aside the earlier National Company Law Tribunal (NCLT) order admitting insolvency proceedings against the company, thereby quashing the Corporate Insolvency Resolution Process (CIRP).The appellate tribunal’s order overturns the NCLT ruling dated December 9, 2025, under which CIRP proceedings had been initiated against the company. With the latest ruling, all directions arising from the earlier NCLT order stand terminated and the insolvency proceedings against Emba..