# NDR Auto Components and DYA Co. form joint venture in India

NDR Auto Components announced a joint venture with DYA Co. Limited to manufacture complete automotive seat systems. NDR will hold 51% and DYA 49% of the JV, with a total project cost of up to ₹62.96 crore.

- Type: Acquisition
- Announced: 2026-11-04
- Where: India
- Value: $7.50M (629.6M INR)
- Status: announced
- Products: complete automotive seat systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [NDR Auto Components](https://endata.com/companies/15673.md)
- [NDR Auto Components](https://endata.com/companies/15673.md) (acquirer)
- [DYA Co., Ltd.](https://endata.com/companies/15674.md) (partner)

## Sources

- [knowyourcompany.ai](https://knowyourcompany.ai/markets/ndrauto-mergers-acquisitions-20261104), 2026-11-04: "The proposed JV will have a 51:49 equity ownership structure: NDR Auto Components will hold 51.0%, while DYA Co. Limited will hold 49.0% of the JV’s share capital."
- [stockfin.ai](https://www.stockfin.ai/news/NDRAUTO/2026-11-04/board-meeting), 2026-11-04: "Approved JV with 51% NDR stake, INR 62.96 crore investment, consolidation of results"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.