Munjal Auto Industries Ltd, incorporated in 1985, is a leading manufacturer of automotive components, primarily serving Hero Honda Motors Ltd. Originally focused on bicycle exports, the company pivoted to automotive products in 1999. It specializes in 'Q' Class Components like mufflers and rims, with notable expertise in processes such as stampings, electroplating, painting, and forging. Key manufacturing facilities are located in Vadodara, Gujarat, and Gurgaon, Haryana, with additional plants in Haridwar, Bawal, and Dharuhera.
Over the years, Munjal Auto has expanded its production capabilities significantly, including the development of specialized gear components and scooter and passenger car wheels. The company underwent a demerger in 2006, resulting in the formation of Shivam Autotech Limited. The holding company, Thakur Devi Investments Private Limited, owns 74.81% of Munjal Auto's equity. With a strong international presence, the company caters to sophisticated markets across the U.S., Europe, and Australia.
