RSB Transmission, a leading company in automotive, construction and equipment systems manufacturing, has received a fresh investment as a part of a strategic investment from a total global private investment firm – Bain Capital. The recently received funds from Bain Capital will help RSB Transmission’s growth initiatives, focusing on mergers and acquisitions (M&A) and expanding its global footprint.
Founded in 1973 by Mr. R.K. Behera and Mr. S.K. Behera, RSB has grown from its roots in Jamshedpur to become a leading supplier for commercial vehicles, passenger cars and construction equipment across the globe. Operating 16 state-of-the-art manufacturing facilities across India and a plant in Mexico, RSB services top original equipment manufacturers (OEMs) including Tata Motors, Ashok Leyland, Daimler, Mahindra & Mahindra, as well as manufacturing giants such as CAT, Tata Hitachi, JCB and Komatsu.
“As we celebrate 50 years of excellence, we are excited to begin this new chapter of growth with Bain Capital as our strategic partner,” said Mr. R.K. Behera, Founder of RSB Transmissions. “We have built a solid foundation over the last five decades, and with Bain Capital’s expertise and resources, we are confident in our ability to seize new opportunities and further strengthen our position as a global leader in our industry.”
Mr. S.K. Behera, Vice Chairman and Managing Director of RSB, said, “This investment partnership represents a shared vision for RSB’s future. Bain Capital’s deep industry knowledge and global network will be invaluable as we work together to explore new markets, drive innovation and continue to deliver exceptional value to our customers.”
The partnership will provide RSB Transmission with financial and strategic support to fuel growth initiatives and global expansion. With its extensive experience in the automotive and industrial sectors, Bain Capital will guide RSB in expanding its global footprint and exploring new opportunities in emerging markets.
Pawan Singh, Partner at Bain Capital, said, “RSB has built a strong reputation for high-quality engineering and long-term relationships with key customers.” “We look forward to working closely with the Behera family and RSB’s management team to help the company reach new heights and become a more diversified global platform.
This strategic partnership comes at a crucial time for RSB, as the company focuses on expanding its global footprint, enhancing technological capabilities, and exploring new opportunities in emerging markets.
Continuing the achievement of the journey of effectiveness and credibility of more than 10 years in the career of journalism, as a woman journalist, I am Serving as the founder, promoter and editor of DiaryTimes with the trust and support of all. My credible coverage may not have given a big shape to the numbers, but my journey presents articles that make you aware of the exact and meaningful situations of Himachal’s politics, ground issues related to the public, business, tourism and the difficult geographical conditions of the state and financial awareness. DiaryTimes, full of the experience of my precise editorial expertise, is awakening the flame of credible journalism among all of you, so that the eternal flame of meaningful change can be lit in the life of the people of the state and the atrocities being committed against the people can be brought to the fore, I am motivated for that. If even a small change comes with the power of my journalism and the whole world becomes a witness to that issues, then I will consider myself fortunate.
