JTEKT India Limited Overview
Pro stress-test →JTEKT India Limited manufactures and sells steering systems and auto components for passenger cars and utility vehicles. The company offers steering systems (column and gear), driveline components (driveshaft and hub units), bearing solutions, and machine tools (grinders and machining centers). The company exports precision products to the United States, Europe, and Japan.
Strategic Profile
Pro stress-test →JTEKT India is the largest manufacturer of steering gears in India and a leading supplier of hydraulic power steering systems. JTEKT India Limited is a subsidiary of JTEKT Corporation, providing it with strong technical backing and access to Japanese automotive expertise. The company demonstrated solid growth with annual revenue increasing 8.21% to ₹2,256.98 crore in FY 2024, and net profit surging 33.93% to ₹106.86 crore.
Competitive Landscape
Pro stress-test →JTEKT India has technical collaborations with Koyo Seiko Company (Japan) and Mando Machinery Corp (Korea). The company competes in the fragmented auto ancillaries sector dominated by regional suppliers and global component makers supplying Indian OEMs.
Industry Context
JTEKT India Limited operates in Auto Ancillaries / Automotive Components Manufacturing.
Key facts
Founded: 1984 · Headquarters: Gurugram, India · Employees: Not disclosed · Revenue: ₹2,256.98 crore (FY2024) · Market cap: $4.6B (₹3,786 crore at ~₹130/share)