ECO-4813 · REV B · effective September 30, 2026

Suppliers & Tier-1sRELEASEDEngineering notice

Carlyle-Backed Highway Roop Buys Die-Caster Chamundi

Highway Roop Precision Technologies has bought Karnataka-based aluminium die-caster Chamundi Die Cast for an undisclosed sum, adding EV component capacity and a South India production base.

Scope of change

  1. Carlyle-backed Highway Roop acquired Chamundi Die Cast for an undisclosed sum
  2. Chamundi, founded in 1985 in Karnataka, supplies precision-machined aluminium die-cast parts with customers in Europe, North America and India
  3. Chamundi managing director Yasin Khan retains a stake in the combined entity
Highway Roop acquires fellow Indian automotive parts manufacturer
Fig. 01Highway Roop acquires fellow Indian automotive parts manufacturer — AI-generated

Carlyle-backed Highway Roop Precision Technologies has acquired fellow Indian automotive parts manufacturer Chamundi Die Cast for an undisclosed sum, adding integrated aluminium die-casting and precision-machining capacity to a group built on forging.

Chamundi operates from Karnataka, in India's south, and produces precision-machined aluminium die-cast parts for automotive and industrial applications. Ghouse Khan founded the company in 1985. Its operations span tool design and manufacturing, high-pressure and gravity die-casting, precision machining, powder coating and assembly.

Highway Roop supplies forged and precision-machined components and assemblies for electric, hybrid and internal-combustion engine vehicles. The group said the transaction brings aluminium die-casting in-house alongside its existing forging and machining platform, and widens its ability to supply complex, lightweight engineered components for steering, transmission and powertrain applications.

Highway Roop group CEO and director Dharmesh Arora framed the deal around the company's product focus. "Chamundi meaningfully strengthens Highway Roop's capabilities around our core focus on torque and control applications," he said. "Its integrated aluminium die-casting and precision-machining capabilities expand our ability to deliver complex, lightweight engineered solutions across vehicle technologies."

The acquisition also carries a geographic logic. Chamundi is said to have a growing portfolio of electric vehicle components and customer relationships across Europe, North America and India. Its export-oriented manufacturing base is expected to extend Highway Roop's footprint into South India, where the group currently lacks production. The company said the site broadens its production footprint, improves supply-chain security and helps it serve clients in Europe and other international markets.

Chamundi's management is not exiting completely. Managing director Yasin Khan will retain a stake in the combined entity. "We are pleased to partner with Highway Roop for the next phase of our journey and will continue to hold a stake in the combined entity," Khan said. "Highway Roop's complementary capabilities and scale will enable us to build on this foundation, deepen our relationships with customers, and create new opportunities for our employees, as we grow together."

Both companies disclosed no revenue figures, plant capacities or headcount alongside the announcement, so the deal's scale remains unverified against production data. What is confirmed is the capability fit: Chamundi brings die-casting and machining processes that complement Highway Roop's forging base, a pattern consistent with tier-one and tier-two suppliers in India consolidating to offer lightweight, multi-process component packages to global OEMs.

The buyer counts Carlyle, the US investment firm, as its backer, giving it private-equity capital to fund the acquisition programme. That backing suggests further inorganic moves could follow as the group builds out its torque and control applications portfolio across powertrain types.

What to watch next: whether Highway Roop discloses Chamundi's capacity and revenue details in integration materials, whether the Karnataka site takes on new EV component programmes under the combined entity, and whether the group pursues additional acquisitions in machining or casting to round out its lightweighting capabilities.

via just-auto (Source)

Filed under

  • highway-roop
  • chamundi-die-cast
  • die-casting
  • india-suppliers
  • m-a
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