Musashi Seimitsu Industries to Invest 70 Crore in India’s E-Mobility Sector

Musashi India, a wholly owned subsidiary of Musashi Seimitsu Industries in Japan and a prominent manufacturer of transmission components for two-wheelers and four-wheelers in India, has unveiled its entry into the Indian market’s E-mobility sector. Leveraging its robust design and engineering capabilities, Musashi aims to produce a new line of electric vehicle (EV) units that encompass motors, power control units (PCUs), and gearboxes.

With a strong emphasis on manufacturing high-performance and safe automotive components, Musashi will commence production of the E-Axle at its Bengaluru plant from October 2023. To establish an assembly line for this product within its existing manufacturing facility in Bengaluru, the company has allocated 70 crores for phase one of the expansion.

In order to expand its presence in the E-mobility domain, Musashi has entered into a strategic collaboration with Bharat New-Energy Company (BNC) Motors in India. Moreover, Musashi has already signed a memorandum of understanding (MoU) with Strom in Thailand, EV Go in Vietnam, and Arc Ride in Kenya, ensuring the supply of E-Axles manufactured in India to these partners.

Commenting on the EV foray, Mr. Toshihisa Otsuka, CEO India & Africa Region said, “We are thrilled to bring Musashi’s expertise and advanced technology to the electric mobility sector in India. Our focus is to provide state-of-the-art components that are essential for the growth and success of electric vehicles. We are confident that our commitment to quality and innovation will contribute significantly to the sustainable development of the Indian automotive industry.”

Musashi India’s 2-wheel E-Axle achieves a slim and lightweight design by integrating motor and gearbox. With Musashi’s expertise in gear processing, it achieves high transmission efficiency and low noise levels.

Musashi India’s entry into the electric mobility market aligns perfectly with the government’s initiatives to promote electric vehicles and reduce the nation’s carbon footprint. By introducing advanced electric mobility solutions, backed with research & development and cutting-edge technology, the company aims to accelerate the adoption of EVs, address environmental concerns, and enhance the overall driving experience for Indian consumers.

“With its new venture into electric mobility, Musashi India aims to be at the forefront of the electric revolution in India and become a trusted partner for automakers, driving the transition towards a cleaner and more sustainable transportation ecosystem”, added Toshihisa Otsuka. 

Besides home market in Japan, China, North America, and Europe are key markets for Musashi. The company is bullish on India market and expects a growing market share for the EV business here.

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