What Highway Roop Precision Technologies does

Highway Roop Precision Technologies Ltd (HRPTL) is an Indian automotive components manufacturer created in February 2025 when The Carlyle Group acquired a controlling ~69% stake (for approximately $400 million) in the merged entity of Highway Industries Limited (founded 1971) and Roop Automotives Limited (founded 1992). The platform operates 12 state-of-the-art manufacturing plants and 14 international warehouses across 7 countries, serving 55+ blue-chip OEMs and Tier-1 customers in 17 countries with a portfolio of 1,500+ precision components. Its two operating divisions cover forged and machined driveline, engine, and suspension parts (HIL) and steering systems including hot-forged yokes, steering joints, steering columns, slip shaft assemblies, I-shafts, universal joints, and axle drive shafts (RAL/HRPTL-Roop Division).

The company's product offering spans steering, driveline, powertrain, suspension, transmission, e-drive solutions for EV applications, and adjacent components for off-highway, agricultural, and white goods segments. Core technology capabilities include advanced machining, hot and cold forging, casting, stamping, heat treatment, coating, testing, and what it describes as India's first fully automated axle drive shaft facility in Manesar. The platform holds ISO 27001, TISAX, and IATF 16949 certifications and is positioned as the world's leading producer of hot forged yokes. Named customers include Tesla, Toyota, Hyundai, Honda, Ford, Tata Motors, Maruti Suzuki, Nexteer, GKN, ZF, Magna, Dana, Tenneco, Mando, JTEKT, Bosch, and Rane, with revenue mix historically over 50% from exports (70% at Highway Industries level) and 30% domestic.

HRPTL generates revenue through B2B hardware sales of precision components under long-term OEM supply contracts, with pricing determined per contract rather than a publicly disclosed model. Go-to-market is sales-led through direct enterprise relationships, complemented by participation in major industry events (Auto Expo, ATPSE, NACV) and a corporate website/LinkedIn presence. Carlyle has appointed former Schaeffler APAC CEO Dharmesh Arora as CEO (June 2025) and is preparing a planned ~$500M IPO by mid-2027 at a targeted ~$2B valuation. The company has a joint venture (Roop Namyang Steering Systems India) with Korea's Namyang Nexmo and a CSR arm (Roop VK Jain Foundation), and is developing EV-focused capabilities including E-Drive Solutions targeting Tesla and other EV OEMs.

Name

Highway Roop Precision Technologies

Legal name

Highway Roop Precision Technologies Ltd.

Website

https://highwayroop.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Highway Roop Precision Technologies is an Indian automotive components manufacturer formed by Carlyle's 2025 merger of Highway Industries and Roop Automotives, producing precision steering, driveline, powertrain, and suspension components across 12 plants for 55+ global OEMs and Tier-1 suppliers.

Ownership category

akta.pro rank

Product category

Automotive Components Manufacturing

NAICS

Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing (336330), Motor Vehicle Transmission and Power Train Parts Manufacturing (336350)

SIC

Special Industry Machinery (No Metalworking Machinery) (3550)

akta.pro primary industry

Driveline & Propeller Shaft Manufacturing (Driveshafts/U-joints/CV joints) (IMACAHAF)

akta.pro secondary industry

Axle, Differential & Final Drive Manufacturing (Front/Rear/E-axle housings) (IMACAHAG)

Keywords

• Automotive components manufacturing
• Precision machined parts
• Forged steering components
• Driveline and powertrain parts
• Automotive OEM supplier

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Automotive Components Manufacturing: Manufactures and supplies precision-machined and forged automotive components including steering systems, driveline components, and powertrain applications to OEMs and Tier-1 suppliers globally. Revenue derived from long-term supply contracts with blue-chip automotive manufacturers.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Highway Roop Precision Technologies Ltd (HRPTL) is a global automotive components manufacturer that produces precision-machined and forged parts including steering yokes, steering joints, gear shafts, rocker shafts, differential gears, connecting rods, slip shaft assemblies, axle drive shafts, and complete steering column assemblies. The company serves blue-chip OEMs and Tier-1 suppliers across both internal combustion engine (ICE) and electric vehicle (EV) platforms through 12 manufacturing plants and 14 international warehouses.

Product overview

Highway Roop Precision Technologies Ltd (HRPTL) operates as a unified platform combining Highway Industries Limited and Roop Automotives Limited under Carlyle Group ownership. The platform manufactures over 1,500 precision automotive components across 12 plants and 14 international warehouses serving 55 customers in 17 countries. The two main divisions are Highway Roop Industries Limited (HIL), specializing in forged and machined components like differential gears, crankshafts, connecting rods, and suspension parts; and Highway Roop Precision Technologies Limited - Roop Division (RAL), specializing in steering yokes, steering joints, steering columns, slip shaft assemblies, I-shaft assemblies, universal joint assemblies, and axle drive shafts. The company serves passenger vehicles, light commercial vehicles, heavy commercial vehicles, and other industrial applications including agriculture equipment and white goods, catering to both traditional ICE and emerging EV markets.

Differentiator

Problem solved

Functional benefit

Brands

• Roop VK Jain Foundation: CSR arm of the company established in 2018 for corporate social responsibility initiatives including education, women empowerment, and environmental sustainability
• Roop Auto Forge

Products and services

• Highway Roop Industries Limited (HIL) - Forged and Machined Components
• Highway Roop Precision Technologies Limited - Roop Division (RAL) - Steering and Driveline Components
• E-Drive Solutions

Quantifiable outcome

• Global presence in 17 countries
• +2 more outcomes

Named customers17 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered minor and core.

• End PovertyminorStrategic or Co-development Partner · 8 July 2026CSR initiative partnership focused on crop residue management and regenerative agriculture in Ludhiana district, Punjab.
• Caritas IndiaminorStrategic or Co-development Partner · 15 July 2025CSR partnership for 'Auto Shakti' initiative providing technical automotive training and employment opportunities to women in Tamil Nadu's automotive manufacturing sector.
• Tamil Nadu Apex Skill Development Centre for Automobile (TNSRLM/TN AutoSkills)minorStrategic or Co-development Partner · 15 July 2025Tripartite MoU for 'Auto Shakti' CSR initiative focusing on women workforce development in Sriperumbudur, Tamil Nadu.
• Roop Namyang Steering Systems India Private Limited (RNSSIPL)coreStrategic or Co-development PartnerStrategic joint venture with Namyang Nexmo, a globally recognized leader serving top automotive OEMs, to enhance steering systems capabilities and reinforce innovation commitment.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Magna International: Canada-based global Tier-1 automotive supplier with a broad portfolio including driveline, powertrain, seating and complete vehicle engineering. Comparable as a broad incumbent in the same product space as HRPTL, and a named customer.
• ZF Friedrichshafen: Germany-based global Tier-1 supplier across driveline, chassis, steering and active safety technologies. Operates broadly in the same product categories as HRPTL but at vastly greater scale; a named customer of HRPTL, reflecting a buy-vs-build relationship.

Direct peers

• Dana Incorporated: US-based global leader in driveline and e-propulsion systems, including e-axles, serving OEMs worldwide. Comparable on driveline and e-axle product overlap with HRPTL's E-Drive Solutions and a named customer/peer.
• Sona Comstar: Indian-listed automotive technology company specializing in driveline and steering components (including differential assemblies and steering systems) for global OEMs and Tier-1s. Closest Indian peer to HRPTL on steering/driveline product mix and customer overlap with Nexteer, JTEKT, ZF.
• Sundaram Fasteners: India-based manufacturer of high-precision automotive fasteners and components for ICE and commercial vehicle applications. Comparable on precision-machined and forged automotive component manufacturing with strong OEM customer base.
• Bharat Forge: India's largest forging and auto component manufacturer, producing driveline, powertrain and chassis components for global OEMs. Highly comparable to HRPTL on forging-led manufacturing, OEM customer base, and India cost-base global Tier-1 positioning.
• Endurance Technologies: Indian-listed auto component manufacturer specializing in aluminium die-castings, suspension, transmission and braking components serving Indian and global OEMs. Comparable on automotive component manufacturing scale, India footprint and OEM customer overlap.
• Motherson Sumi Systems (Samvardhana Motherson): One of India's largest auto component manufacturers with global Tier-1 customer base across wiring harnesses, modules and driveline/powertrain parts. Highly comparable as an India-headquartered, global-OEM-serving auto component peer pursuing international scale.
• Nexteer Automotive: Global leader in steering and driveline systems headquartered in the US, with operations across Asia including India. A direct peer on steering systems — and a named customer/award-giver to HRPTL (Perfect Quality 2024), making it both a comparable and a counterparty.
• GKN Automotive (Dowlais Group): Global leader in automotive driveline technology (constant-velocity joints, AWD systems, ePowertrain). Direct peer on driveline components and a named customer of HRPTL; represents the kind of global Tier-1 HRPTL competes with for OEM driveline programs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/highway-roop-precision-technolgies-limited

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 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 Highway Roop Precision Technologies