RSB Group, an Indian automotive component manufacturer, has outlined ambitious growth plans as it celebrates its 50th anniversary. The company aims to achieve ₹10,000 crore in revenue within the next three to four years, supported by a recent partnership with Bain Capital and a planned initial public offering (IPO).
Founded in 1974 with an investment of ₹2 lakh, including a ₹20,000 state subsidy, RSB Group has grown into a business generating over ₹3,000 crore annually. The company operates 17 manufacturing facilities in India and two overseas plants, alongside a tech subsidiary, I-DESIGN Engineering Solutions Ltd., based in Pune. Its workforce has expanded from 15 in 1975 to over 6,000 today.
The company supplies components to major domestic and international clients, including Tata Motors, Mahindra & Mahindra, Volvo, Renault Nissan, and Ford. Its product portfolio includes propeller shafts, axles, gearboxes for small commercial vehicles, and components for construction and mining infrastructure. RSB’s backward integration for castings and forgings supports quality control.
RSB plans to focus on the electric vehicle (EV) market, collaborating with an Israeli company to develop e-axles, motors, and controllers. The company expects 25% of its revenue to come from EV components within five years, while the remaining 75% will continue to be derived from traditional auto components.
International expansion is another priority, with particular emphasis on scaling operations in Mexico. The company is also exploring inorganic growth opportunities, with decisions expected in the coming months.
RSB has invested ₹70–80 crore in its design, testing, and validation facilities and is preparing to diversify into sectors such as defense, railways, and telecommunications.
According to a company-issued press release, the next generation of RSB leadership is committed to building on its legacy while prioritizing sustainability and innovation to meet future challenges.
