Pavna Industries Limited, a manufacturer of automotive components, has incorporated a joint venture subsidiary with Smartchip Microelectronics Corp and inaugurated a new research and development (R&D) centre in Noida, Uttar Pradesh, as part of its expansion in electronic and advanced automotive solutions.
According to the company’s regulatory filings, the Ministry of Corporate Affairs approved the incorporation of Pavna SMC Private Limited, an 80:20 joint venture between Pavna Industries and Smartchip Microelectronics. The newly formed subsidiary, with an authorised and paid-up share capital of INR 500,000, will focus on developing electronic components for internal combustion engine and electric vehicle segments, as well as related hardware for applications in residential, commercial, aerospace, and medical industries.
Pavna Industries has also announced the establishment of its new R&D centre in Sector 63, Noida. The facility will focus on developing electronic components, lock systems, and switches aimed at strengthening the company’s design and product development capabilities.
“The establishment of our R&D centre in Noida marks a significant milestone in our innovation journey,” said Swapnil Jain, Managing Director of Pavna Industries Limited. “It reflects our commitment to technological excellence and to strengthening India’s position in advanced automotive engineering.”
The Noida facility is expected to accelerate product development cycles and support collaboration with original equipment manufacturers (OEMs) in India and overseas. The joint venture with Smartchip Microelectronics is aimed at enhancing Pavna’s footprint in electronic components manufacturing, complementing its existing production of ignition switches, locks, oil pumps, and casting components.
Founded in 1994 and headquartered in Aligarh, Uttar Pradesh, Pavna Industries operates manufacturing plants in Aligarh, Aurangabad (Maharashtra), and Pantnagar (Uttarakhand). The company supplies to leading OEMs including Bajaj, Honda, TVS, Mahindra, and Royal Enfield, and exports to markets such as Italy, the United States, Sri Lanka, and Indonesia.
