Remsons Industries forms JV with Aircom Group

Mumbai, March 28, 2024: Remsons Industries Ltd., a pioneer in cables & shifters for the automotive industry has entered into a Joint Venture with Aircom Group AG, Switzerland, to form a Joint Venture Company namely Aircom Remsons Automotive Private Limited (ARAPL).

ARAPL would be engaged in the business of manufacturing and selling Tyre mobility kits (New age puncture kits) and its components. This move will increase the total share of Remsons in the overall products supplied to OEMs. ARAPL would focus on eventually launching these products as a B2C product for consumers. These products will go a long way in replacing spare tyres currently provided with almost all cars. Some of the luxury car OEMs have done away with spare tyres and have started providing tyre mobility kits for convenience and lesser weight for the vehicle which will improve the mileage.

Commenting on the development, Mr. Rahul Kejriwal, Executive Director said, “We are delighted to enter into JV with the European market leader in tyre repair kits for automotive OEMs.

With this, we are aiming to gain sizable market share in the tyre mobility segment, which includes tyre repair kits and related products, sealants, air compressors, plugs, and other products aimed at repairing and preventing punctures in various types of tyres.”

As the EV adoption in India is picking up, the need for making these vehicles lighter is a challenge as the battery weight is the major weight of the vehicle. The tyre mobility products will change its game in increasing the mileage per charge due to lesser weight. This will be environmentally friendly and is a green initiative.