About Highway Industries
Highway Industries is a company based in Ludhiana (India) founded in 1971 was acquired by The Carlyle Group in February 2025. The company has 1,620 employees as of April 09, 2024. Highway Industries offers products and services including E-Drive Solutions, Drive Line & Braking, Steering & Body Parts, Suspension, and Gears & Shafts. Highway Industries operates in a competitive market with competitors including Maini Precision Products, Ramkrishna Forgings, Bharat Forge, Dynamatic Technologies and Nemak, among others.
- Headquarter Ludhiana, India
- Employees 1620 as on 09 Apr, 2024
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Highway Industries Limited
- Date of Incorporation 20 May, 1971
- Jurisdiction Ludhiana, Punjab, India
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Annual Revenue
$128.83 M (USD)18.04as on Mar 31, 2023
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Net Profit
$6.04 M (USD)58.9as on Mar 31, 2023
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EBITDA
$14.06 M (USD)40.51as on Mar 31, 2023
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Latest Funding Round
Not available
- Investors
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Employee Count
1620
as on Apr 09, 2024
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Acquired by
The Carlyle Group
(Feb 13, 2025)
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Products & Services of Highway Industries
Highway Industries offers a comprehensive portfolio of products and services, including E-Drive Solutions, Drive Line & Braking, Steering & Body Parts, Suspension, and Gears & Shafts.
Precision components for electric drive systems in vehicles
Components for vehicle drive lines and braking systems
Parts for vehicle steering and body structures
Components for vehicle suspension systems
Precision gears and shafts for engines
Funding Insights of Highway Industries
Detailed funding history for Highway Industries
Round names, dates, amounts, investors, and valuation history require an active premium plan.
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Investors in Highway Industries
Highway Industries has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include The Carlyle Group.
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Private equity investments are directed toward multiple sectors.
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Investor details for Highway Industries
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Investments & Acquisitions by Highway Industries
Investment portfolio details for Highway Industries
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Financial Statements - Highway Industries
Detailed financials for Highway Industries
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Highway Industries Comparisons
Peer comparison for Highway Industries
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- Named peers
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Competitors of Highway Industries
Highway Industries operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Maini Precision Products, Ramkrishna Forgings, Bharat Forge, Dynamatic Technologies and Nemak, among others.
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Manufacturer & supplier of precision products and assemblies
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Ramkrishna Forgings is engaged in metal forming and manufacturing.
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Technology-enabled automotive tools, forging, and machining materials are manufactured.
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Products for automotive, aeronautic, hydraulic, and security sectors are manufactured.
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Automotive aluminium components are manufactured and supplied to OEMs worldwide.
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Precision stamped components are manufactured and supplied to automotive OEMs.
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Detailed competitors of Highway Industries
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Highway Industries
Complete news archive for Highway Industries
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Frequently Asked Questions about Highway Industries
Highway Industries was founded in 1971.
Highway Industries is headquartered in Ludhiana, India. It is registered at Ludhiana, Punjab, India.
Sunil Ailavadi is the current CEO of Highway Industries.
As of Apr 09, 2024, the latest employee count at Highway Industries is 1,620.
Annual revenue of Highway Industries is $128.83M as on Mar 31, 2023.
Highway Industries was established in 1971 in Ludhiana, India, as a manufacturer of forged and precision machined components. Items such as crankshafts, connecting rods, kick starter spindles, and flanges are produced for two-wheelers and four-wheelers. Supplies are provided to OEMs in automotive, refrigeration, and white goods sectors. Clients include Hero, Mahindra, Eicher Tractors, Magna Powertrain, and Sonalika International. Primary markets are located in the US and Europe.
Highway Industries's top competitors include Bharat Forge, Maini Precision Products and Ramkrishna Forgings.
Highway Industries offers E-Drive Solutions, Drive Line & Braking, Steering & Body Parts, Suspension, and Gears & Shafts.
Highway Industries has 1 investor. Key investors include The Carlyle Group.