47382
NAPINO AUTO AND ELECTRONICS LIMITED
Jul 5, 2023
India
South Asia
Aug 4, 2023
B - Limited
Active
Jun 29, 2024
Regional Industry - MAS Asia & Pac
Manufacturing
Approved : Aug 29, 2023
Signed : Dec 29, 2023
Invested : Jun 27, 2024
Motor Vehicle Parts
Napino Auto and Electronics Limited (Napino or the Company) is a leading manufacturer of electrical and electronic components for the 2-wheeler automobile industry in India. Its key product profile includes electronic control units, regulator rectifiers, electronic fuel injection systems, instrument clusters, electronic mobility components including converters, chargers, battery management systems and others. It has a 30+ year track record of supplying to leading OEMs in India with R&D-driven proprietary solutions. The proposed project will (i) part finance a capex plan, primarily for expanding existing capacity in plants(brownfield expansion); (ii) finance setup of a greenfield plant in Hosur-Krishnagiri, Tamil Nadu in India; (iii) finance the capex for setting up the motor manufacturing plant at Halol, Gujarat in India and (iv) strengthen company’s balance sheet by repaying debt taken to finance purchase of shares from a minority investor.
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Local Access of Project Documentation
Plot No. 7, Sector 3, IMT Manesar, Gurgaon, Haryana, 122050, India