# NDR Auto Components forms JV with DYA to supply seats to Kia and Hyundai in India

NDR Auto Components announced a joint venture with Korea's DYA Co., Ltd. to manufacture automotive seats for Kia India and Hyundai India. The JV involves an investment of up to ₹62.96 crore, with NDR holding 51% and DYA 49%.

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

## Companies

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

## Sources

- [scanx.trade](https://scanx.trade/stock-market-news/companies/ndr-auto-components-forms-jv-korea-s-dya-supply-kia-hyundai/55328638), 2026-11-04: "The partnership aims to design, manufacture, and supply automotive seats and seat systems in India specifically for Kia India and Hyundai India."

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