Hema Engineering Industries

What Hema Engineering Industries does

Hema Engineering Industries Limited (HEIL), part of the Hema Group of Industries, is an Indian automotive component original equipment manufacturer (OEM) that designs, manufactures, and supplies components to leading Indian automobile manufacturers, with a primary focus on two-wheelers. Its product portfolio spans chassis parts, front and rear fork parts, body panels, mufflers, shock absorbers, spokes and nipples, handle bars, frames, seating mechanisms, complete seating systems, and interior modules (pillar trims, door trims, instrument panels, floor consoles, head liners). The group also diversified into IT hardware manufacturing through an HCL computer cabinet project at its Hosur facility.

Core manufacturing technology centres on automated production lines including CNC tube bending, auto-feed presses, special purpose machines (SPM), seam welding, robotic welding, automated painting and powder coating, PLC-controlled tri-nickel plating, and non-cyanide alkaline zinc plating with trivalent chrome passivation. Engineering capabilities include an in-house CAD/CAM facility running Pro/ENGINEER, analysis and simulation support covering crash, NVH, durability, and CFD per FMVSS/ECE/AIS standards, prototyping and tooling development, and process tooling design using RobCAD. The group operates a Design Centre in Pune providing product and process engineering services.

The business model is B2B OEM supply under long-term contracts with major automotive manufacturers — notably Hero MotoCorp, TVS Motor, Royal Enfield, Yamaha, Tenneco, Sonalika, BOS Germany, Electrolux, and Sigma Vibracoustic India — using direct field-based enterprise sales and quote-based pricing. Revenue is generated through one-time manufacturing contracts tied to OEM volume programmes, with 12 manufacturing units across five Indian states (Haryana, Tamil Nadu, Uttarakhand, Himachal Pradesh, Gujarat) co-located near customer plants. The company is currently in liquidation following an NCLT Liquidation Order dated 17 May 2022, which ended its Corporate Insolvency Resolution Process.

Name

Hema Engineering Industries

Legal name

Hema Engineering Industries Limited

Website

https://hemaengineering.com

Company type

Private

Operating status

Closed

Headcount range

501–1,000 employees

Short description

Hema Engineering Industries Limited is an Indian automotive component OEM supplier, primarily to two-wheeler manufacturers such as Hero MotoCorp, TVS Motor, Royal Enfield, and Yamaha, producing chassis parts, frames, suspension, seating systems, and interior modules across 12 manufacturing units in India. The company is currently in liquidation following an NCLT order dated 17 May 2022.

Ownership category

akta.pro rank

Product category

Automotive Component Manufacturing

NAICS

Motor Vehicle Seating and Interior Trim Manufacturing (336360), Motor Vehicle Parts Manufacturing (3363), Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing (33633)

SIC

Motor Vehicles & Passenger Car Bodies (3711)

akta.pro primary industry

Automotive Interior Comfort & Convenience Components Manufacturing (Armrests/Cupholders/Storage/Interior Hardware) (IMACAKAJ)

Keywords

• Automotive component manufacturing
• OEM two-wheeler parts
• Seating systems engineering
• Automotive prototyping tooling
• CAD CAE simulation services

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices12 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. OEM Component Manufacturing: As an OEM supplier, Hema Engineering Industries manufactures and supplies automotive components directly to major automobile manufacturers in India. Revenue is generated through long-term supply contracts with automotive OEMs.
2. IT Hardware Manufacturing: Green venture project producing computer cabinet units for HCL, representing diversification into IT sector manufacturing.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Hema Engineering Industries is an OEM manufacturer that designs and supplies automotive components — chassis parts, fork parts, panels, mufflers, shock absorbers, frames, seating mechanisms, and interior components — to leading Indian two-wheeler manufacturers. The company also provides in-house prototyping, tooling development, CAD/CAE documentation, crash/NVH/CFD analysis, and product-process engineering services from its Pune Design Centre.

Product overview

Hema Engineering Industries is a manufacturing conglomerate and OEM supplier serving leading Indian automobile manufacturers. The company operates as a single unified manufacturing platform producing automotive components (chassis parts, fork parts, panels, mufflers, shock absorbers, spokes, handle bars, seating mechanisms, seat parts, and frames) for two-wheelers. The product portfolio includes seating systems with mechanisms and complete assemblies, interior components (pillar, door trim, instrument panels), and IT hardware (computer cabinets for HCL). Engineering services include CAD support, prototyping, tooling development, analysis/simulation (crash, NVH, durability, CFD), and process tooling. The company also operates a Design Centre in Pune offering product and process engineering services.

Differentiator

Problem solved

Functional benefit

Products and services

• Chassis Parts
• Front and Rear Fork Parts
• Front and Rear Panel Parts
• Muffler (Silencer) and Parts
• Shock Absorbers and Strut Parts
• Spoke and Nipples
• Handle Bar
• Frames for 2-Wheelers
• Seating Systems
• Interior Components
• HCL Computer Cabinet Manufacturing
• Prototyping and Tooling Development
• CAD Support and Documentation
• Analysis and Simulation Services
• Process Tooling Solutions
• Engineering Design Services

Quantifiable outcome

• Manufacturing facilities meeting global standards with automated and conveyorised production lines

Named customers9 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Three partnerships are on record, tiered core and minor.

• TVS Motor CompanycoreStrategic or Co-development PartnerPartnership with TVS Motor Company for dedicated manufacturing facility at Nalagarh. TVS Motor Company's initial investment is Rs. 120 Crores with production capacity of 4 lakh motorcycles per year, scalable to 6 lakh per annum. The facility scales operations in tandem with TVS Motor expansion plans.
• Hero MotoCorp (Hero Honda)coreStrategic or Co-development PartnerProposed major investment at Haridwar to support Hero Honda's ambitious 300 Crore project slated to produce 15 lakh units by 2010.
• HCL ComputersminorStrategic or Co-development PartnerGreen Venture Project at Hosur for producing computer cabinet units. Initial capacity of 5 lakh cabinet units for HCL Computers in first half year of operation.

Scale indicators3 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• Lumax Industries: Indian automotive lighting and component supplier, majority-owned by Stanley Electric (Japan), serving two-wheeler and four-wheeler OEMs. Comparable as a Tier-1 auto component partner with deep Indian OEM integration.
• Suprajit Engineering: Manufacturer of automotive cables, halogen bulbs and remote-control key systems supplying two-wheeler and passenger vehicle OEMs. Comparable as a small/mid-cap Indian Tier-1 with deep two-wheeler OEM relationships and an export footprint.
• Varroc Engineering: Tier-1 supplier of lighting, electrical, electronics and polymer components to Indian and global two-wheeler and passenger vehicle OEMs. Closely comparable product mix (exterior plastics, electricals, seating-adjacent parts) and customer overlap with Hema in the two-wheeler space.
• Endurance Technologies: Indian auto components manufacturer supplying aluminium die-castings, suspension, transmission and braking components to leading two-wheeler and passenger vehicle OEMs. Directly comparable to Hema as a Tier-1 supplier into Hero, TVS, Royal Enfield and Bajaj.
• Sundaram Fasteners: India's largest manufacturer of high-tensile fasteners and a long-standing supplier to Indian two-wheeler and commercial vehicle OEMs. Comparable as a domestic Tier-1 into Hero, TVS and Royal Enfield with similar B2B OEM supply model.
• Sundaram-Clayton (Brakes India): Manufacturer of two-wheeler braking systems, ferrous castings and automotive components supplying Hero, TVS, Royal Enfield and other OEMs. Directly comparable on the two-wheeler sub-assembly side (brakes, suspension-adjacent parts).
• Steel Strips Wheels: Manufacturer of steel wheels for two-wheelers, passenger vehicles, commercial vehicles and off-highway equipment. Directly comparable to Hema's spoke and wheel-assembly business and the two-wheeler OEM customer base.
• Remsons Industries: Manufacturer of automotive cables, gear shifters, mirrors and lever assemblies supplying two-wheeler and passenger vehicle OEMs in India and abroad. Comparable product mix (handlebar-adjacent controls, levers) and customer profile.

Broad incumbents

• Bharat Forge: India's largest auto component manufacturer by revenue, producing forged and precision-machined components for automotive and industrial OEMs globally. Comparable as a broad incumbent in the Indian auto component supply chain, though far more diversified than Hema.
• Samvardhana Motherson International: Large Indian Tier-1 automotive component conglomerate with global operations across wiring harnesses, modules, polymer products and interior systems. Comparable as a much larger incumbent supplying the same OEM customer base with overlapping product categories.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Hema Engineering Industries