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Nisshinbo Holdings Holds Opening Ceremony of Joint Venture Plant in India

On June 2, Nisshinbo Complicated Precision Machining (Gurgaon) (NCMG) held an opening ceremony for its new plant in Manesar, Haryana, northern India. (60% stake) and a Dutch subsidiary of Continental AG (40% stake), a German automotive parts manufacturer. The new plant will produce valve blocks for EBS (electronically controlled brake systems), a precision component for automobiles and motorcycles.

EBS is a device that optimally controls and distributes braking force to the wheels based on the number of rotations of the front and rear wheels and the state of turning when the brake is applied. The most basic type of ABS is a system that prevents the wheels from locking up during braking and enables the driver to steer the vehicle. On the other hand, ESC is a system that maintains vehicle stability by detecting vehicle skidding with sensors and controlling the brake force and engine output of each wheel. NCMG plans to produce a wide range of products from basic ABS to more advanced ESC.

According to NCMG President Mitsuro Takagi, there is an increasing emphasis on vehicle safety in India, as evidenced by legislation to install ABS in passenger cars and motorcycles starting in 2019, and the need for brake-related components will remain virtually unchanged for electric vehicles (EV), which the Indian government is promoting. The need for brake-related parts will not change in the electric vehicles (EV) that the Indian government is promoting. For this reason, the company expects demand for EBS to continue to grow in line with the growth of the automobile and motorcycle markets in India.

This is the second production base for the Nisshinbo Group's precision equipment business in India. The group established Nisshinbo Mechatronics India in August 2011 to produce plastic molded products in Manesar. Meanwhile, NCMG, which completed its registration in September 2022, plans to start full-scale operations at this plant by October 2023.


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