Brembo and Ningbo SAFE Brakes Systems have entered into a joint venture to form a new company, BRSF Active Safety Solutions, dedicated to producing Motorcycle ABS in India. Brembo will hold a 60 percent stake in the joint venture.
The new company will focus on the production, local assembly and supply of motorcycle ABS components in India. Operations of this new company will be carried out in a dedicated manufacturing facility in Chakan, Pune.
The project includes the deployment of advanced automated assembly lines with an expected recruitment of around 50 personnel, an increase in production volumes and a higher level of localisation of the supply chain.
The joint venture will offer both dual-channel and single-channel ABS solutions to Indian OEM manufacturers, with more advanced production in the future. Also, the industrial setup has been designed to enable the venture to respond effectively to the existing market needs and to quickly adjust to the evolving safety standards in India.