Highway Roop Acquires Chamundi Die Cast
Investment firm Carlyle-backed Highway Roop Precision Technologies has announced the acquisition of Chamundi Die Cast for an undisclosed amount.
Chamundi, located in Karnataka, India, specializes in producing precision-machined aluminum die-cast parts for the automotive and industrial sectors.
Company Overview
Founded in 1985 by Ghouse Khan, Chamundi’s operations encompass tool design and manufacturing, high-pressure and gravity die-casting, precision machining, powder coating, and assembly.
Highway Roop manufactures forged and precision-machined components and assemblies specifically for electric, hybrid, and internal combustion engine vehicles. The recent acquisition integrates aluminum die-casting and precision machining into Highway Roop’s existing capabilities, enhancing its ability to provide complex, lightweight components for steering, transmission, and powertrain applications.
Strategic Benefits
According to Dharmesh Arora, CEO of Highway Roop, “Chamundi meaningfully strengthens Highway Roop’s capabilities around our core focus on torque and control applications.” The deal will extend their reach in South India, bolster production capacity, and improve supply chain security, enabling them to serve clients across Europe and other international markets.
Chamundi’s growing portfolio includes electric vehicle components, with established customer relationships in Europe, North America, and India. Managing Director Yasin Khan expressed optimism about the partnership, indicating it would create new opportunities for employees and deepen customer relationships.
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