What Best Group does

Best Group is a privately held Indian conglomerate founded in 1972 and headquartered in Gurgaon, operating three business divisions: automotive component manufacturing, Future Factory Solutions, and education. The manufacturing division designs and produces control cables (accelerator, clutch, parking brake, shifter), transmission shifting systems including shift towers and shift forks, parking brake systems built on technology licensed from Hiruta Kogyo of Japan, and lighting solutions using the group's patented BoardFree technology. Key customers include Toyota, Honda, Maruti Suzuki, and Mahindra, with supply occurring both directly and through Tier 1 suppliers, and the division is anchored by joint ventures with Koki Technik Transmission System of Germany (shift systems) and Innotes Corp of the USA (lighting). Manufacturing operations span India and Japan (Ebina office), with a new transmission plant commissioned in Bilaspur, Haryana in 2017.

The Future Factory Solutions division, anchored by German subsidiary BEAS Technology GmbH established in 2015, provides Industry 4.0 consulting and implementation services leveraging IoT, AI, robotics, and big data analytics for factory digitalization, with a workforce capability built partly through a German Government Training Centre. The education division operates BeSingular (K-12 skill development) and The Banyan (early childhood education and daycare), extending the group into consumer-facing learning services. The business model combines B2B hardware sales to automotive OEMs and Tier 1 suppliers with B2B professional services for digital transformation and B2C education services, with a deliberate strategy of diversification across manufacturing, digital services, and education, and expansion into adjacent verticals such as defence manufacturing under India's Make in India initiative.

Name

Best Group

Legal name

Best Group

Website

https://bestgroup.co.in

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

101–250 employees

Short description

Best Group is a privately held Indian conglomerate, founded in 1972, that manufactures automotive components (control cables, shift systems, parking brakes, and lighting) for OEMs including Toyota, Honda, Maruti Suzuki, and Mahindra, while also providing Industry 4.0 digital factory services via BEAS Technology in Germany and operating K-12 and early childhood education businesses.

Ownership category

akta.pro rank

Product category

Automotive Components Manufacturing

NAICS

Motor Vehicle Electrical and Electronic Equipment Manufacturing (336320), Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632), Electrical Equipment Manufacturing (33531)

SIC

Electronic Components & Accessories (3670), Electronic Components, Nec (3679)

akta.pro primary industry

Automotive Lighting Systems & Components Manufacturing (LED/Headlamps/Signal/Interior) (IMACAJAF)

akta.pro secondary industries

Passenger Vehicle Electrical & Electronics Manufacturing (ICE) (IMACAAAK), Automotive Lighting Assemblies Manufacturing (Headlamps/Taillamps/Interior Lamps/DRLs) (IMACAKAG)

Keywords

• Automotive components manufacturing
• Control cable systems
• Transmission shifting systems
• Parking brake systems
• Automotive lighting solutions

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Automotive Components Manufacturing: Design, engineering and manufacturing of automotive products including control cables, transmission shifting systems, parking brake systems, and lighting solutions. Revenue generated from supplying components to OEMs and Tier 1 suppliers worldwide.
2. Future Factory Solutions: Industry 4.0 digital transformation services including IoT integration, AI implementation, robotics, and smart factory solutions. Revenue generated through consulting, implementation, and ongoing support services for factory digitalization.
3. Education Services: Educational programs and skill development courses for K-12 students and professionals, including Besingular for skill development and The Banyan for early childhood education and daycare services.
4. Defence Products: Manufacturing of defence components leveraging deep engineering knowledge and cutting-edge technologies, supporting Make In India initiatives.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Best Group designs, engineers, and manufactures automotive components including control cables, transmission shifting systems, parking brake systems, and lighting solutions for global automotive OEMs and Tier 1 suppliers. The group also operates a Future Factory Solutions division (via BEAS Technology GmbH) that delivers Industry 4.0 consulting and integration services (IoT, AI, robotics, cyber-physical systems), and an Education segment comprising Besingular (K-12 skill development) and The Banyan (early childhood education and daycare).

Product overview

Best Group is a conglomerate with diversified businesses in Manufacturing, Future Factory Solutions, and Education. The Manufacturing division specializes in designing, engineering, and manufacturing automotive products including Control Cables, Transmission Shifting Systems, Parking Brake Systems, and Lighting Solutions using patented technologies like BoardFree. The Future Factory Solutions division, led by subsidiary BEAS Technologies in Germany, develops Industry 4.0 solutions integrating IoT, AI, and robotics to transform traditional factories into smart connected operations. The Education sector comprises Besingular (K-12 skill development and upskilling) and The Banyan (early childhood education and daycare services).

Differentiator

Problem solved

Functional benefit

Brands

• BeSingular: Forward-thinking educational organization offering cutting-edge skill development and upskilling courses for K12 students and beyond.
• Best Auto
• Bestec
• Best Koki
• Madhusudan Auto
• Beas Technologies / BEAS Technology GmbH
• The Banyan

Products and services

• Automotive Components Manufacturing Designs, engineers, and manufactures automotive products including control cables, transmission shifting systems, parking brake systems, and lighting solutions for leading global OEMs and Tier 1 suppliers.
• Control Cables Wide variety of control cable solutions including Accelerator Cables, Clutch Cables, Parking Brake Cables, Fuel Filler Release Cables, Hood/Trunk/Door Release Cables, Industrial Cable Systems, and Shifter Cables, customized to OEM and Tier 1 specifications.
• Transmission Shifting Systems Innovative Shift Towers, Shift Forks, and Shift Shafts with patented technology features including integrated shift tower/fork optimization, lightweight hybrid design, integrated sealing solutions, and self-lubricating core technology.
• Parking Brake Systems Hand-operated and foot-operated Parking Brake Levers for parking vehicles and emergency braking, featuring optimized performance, low noise, smooth functioning, and an integrated cable tension sensor mechanism.
• Lighting Solutions Interior and exterior automotive lighting including Puddle Lights, Tail Brake Lights, and Sill Plates, manufactured using patented BoardFree technology that fully encapsulates and over-molds components without a circuit board for an unbreakable, moisture-proof (IP67), lightweight design.
• Future Factory Solutions Industry 4.0 transformation services including assessment, analysis, design, implementation, monitoring, and ongoing support for digitizing factory operations through IoT, AI, robotics, AR/VR, big data analytics, cloud computing, and cyber-physical systems.
• BEAS Technology (Robots and Cobots) Provider of integrated robots and cobots improving human-machine interaction and team efficiency with intelligent support for factory automation, based in Germany.
• Besingular (Education) Forward-thinking educational organization offering skill development and upskilling courses for K-12 students and beyond, equipping learners with knowledge and tools for the digital age.
• The Banyan (Early Childhood Education) Early childhood education and daycare services for children of all age groups, part of Best Group's diversified education portfolio.
• Defence Components Manufactured defence components, equipment, and systems using advanced engineering and manufacturing capabilities, supporting domestic defence procurement programs.

Quantifiable outcome

• Faster and more efficient decision-making through machine-driven factory operations with minimal human intervention
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature14 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Innotes Corp USAminorStrategic or Co-development Partner · 1 January 2017Joint venture signed in 2017 for Lightning Systems. Partnership aimed at developing and manufacturing advanced automotive lighting solutions for the global market.
• Koki Technik Transmission System GermanycoreStrategic or Co-development Partner · 1 January 2008Joint venture signed in 2008 for manufacturing Shift Towers and Shift Forks. Best Group leveraged German engineering expertise combined with local manufacturing capabilities to produce world-class transmission products.
• Hiruta Kogyo JapancoreTechnology or IntegrationTechnology licensing partnership for parking brake systems. Best Group uses patented know-how from Hiruta Kogyo to offer advanced Parking Brake Levers with special consideration to feel, performance, comfort and beyond.
• BEAS Technology GmbHcoreTechnology or IntegrationBest Group subsidiary established in 2015 as a leading provider of integrated robots and cobots in Germany. BEAS brings expertise in improving human-machine interaction and enhancing team efficiency with intelligent support for factory automation.
• German Government Training CentreminorStrategic or Co-development PartnerTraining centre set up in 2013 for skill upgradation with participation from German Government. Focused on developing workforce capabilities in advanced manufacturing and Industry 4.0 technologies.

Scale indicators3 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Suprajit Engineering: Indian-listed manufacturer of automotive and appliance control cables, serving global OEMs. Directly comparable to Best Group's control cable business (accelerator, clutch, parking brake, shifter cables) supplying Maruti Suzuki, Tata and others.
• Lumax Industries: Indian automotive lighting manufacturer (joint venture with Stanley Electric, Japan) supplying OEMs including Maruti Suzuki. Comparable to Best Group's Bestec lighting business and partnership-driven model.
• Fiem Industries: Indian automotive lighting and components manufacturer producing LED lamps, signaling equipment, and rear-view mirrors for two-wheeler and four-wheeler OEMs. Directly overlaps Best Group's automotive lighting line and OEM customer base.
• Endurance Technologies: Large Indian auto component manufacturer focused on transmission, braking and suspension systems. Comparable to Best Group's transmission shifting systems and parking brake product lines serving Indian and global OEMs.
• Varroc Engineering: Indian auto component manufacturer offering lighting, electrical, electronics, and polymer products to global two-wheeler and four-wheeler OEMs. Closely comparable multi-product lighting-and-electronics portfolio.
• Uno Minda (Minda Industries): Indian auto component conglomerate covering lighting, switches, acoustics and electronics for two-wheelers, passenger vehicles and commercial vehicles. Directly comparable breadth of automotive electrical and lighting offerings.
• Sundaram Fasteners: Indian automotive fastener and precision components manufacturer (TVS Group). Comparable as an India-based, family-promoted Tier-1 supplier with deep OEM relationships and diversified industrial product lines.

Broad incumbents

• Samvardhana Motherson International: Large Indian-listed global auto component conglomerate supplying wiring harnesses, interior modules, lighting and polymer products to global OEMs. Broader incumbent with overlapping cable/lighting/exterior exposure.
• Bosch India: Indian subsidiary of Robert Bosch supplying automotive electrical, electronic and sensor systems to Indian OEMs. Comparable as a broad incumbent in automotive electrical/electronics with Maruti Suzuki and other shared customers.
• Continental AG: German-headquartered global automotive component major with deep presence in vehicle electronics, sensors and lighting. Comparable as the German counterpart anchoring Best Group's European footprint via BEAS Technology GmbH and the Koki Technik JV.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/bestgroupcompanies

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Best Group