# NDR Auto Components and Hayashi Telempu form 50:50 joint venture

NDR Auto Components entered into a 50-50 joint venture with Hayashi Telempu, with each investing INR 33.30 crore. The JV will bring Hayashi Telempu's offerings to the Indian market and has won its first order from Toyota for Ambient Lighting.

- Type: Partnership
- Announced: 2025-05-09
- Where: India
- Value: $400K (33.3M INR)
- Status: announced
- Products: ambient lighting, vehicle mounted illumination
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [NDR Auto Components](https://endata.com/companies/15673.md) (partner)
- [Toyota](https://endata.com/companies/16194.md) (customer)
- [Hayashi Telempu](https://endata.com/companies/30388.md) (partner)

## Sources

- [capitalmarket.com](https://www.capitalmarket.com/markets/news/corporate-news/ndr-auto-components-forms-5050-jv-with-hayashi-telempu-japan/1598005), 2025-05-09: "Both companies will equally invest Rs 33.30 crore towards the setting up of the JV."

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