Kailash Vahan is one of India's largest truck and bus body builder having facilities in Pune and Bangalore. Our customers include Tata Motors, Ashok Leyland, Eicher among others. Kailash Vahan specializes in Tipper bodies, Cargo or Load bodies, Waste management solutions like Garbage Compactors, Bins, Garbage Tippers etc.
ShinMaywa is Japan's largest truck body builder. They also have interests in Industrial Machinery, Aircraft etc.
The Joint Venture will primarily serve interests of Japanese truck manufacturers in India like Hino, Isuzu, Nissan. The JV will make tippers to start with and then as the relationship strengthens and demand of other specialized truck body increases, the JV may also enter other segments in the truck body building industry.
From a strategic perspective the JV will serve interests of both Kailash and ShinMaywa well and it will be in the interest of both the companies to take the JV a long way and pool their energies and resources to make it a success.
As the body building industry gets more organized and with more foreign OEMs entering India, it is inevitable that technology and quality will become important factors to both - the OEMs and the end Customer. From Kailash's perspective, this JV can help them with ShinMaywa's technology (e.g. Tentsuki hydraulics) and to improve their production processes (do things the Japanese way).
From ShinMaywa's perspective, they have a very experienced Indian partner who knows industry practices in India, who knows the customers and has a well established presence pan India. They will also have a ready manufacturing base to start serving Japanese OEMs from day one without even having a factory. This is also very important considering the downturn we are in! The JV can be started at a very low cost and pass the benefit to the customer.
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