JM Frictech India, a joint venture between NTC Engineering and South Korea’s Jinmyung Frictech, has just announced a ₹50‑crore outlay to build a new plant in Chandigarh. The site will start as a logistics hub, then gradually bring wet brake and clutch production online over the next six to eight months.
For buyers of tractors, excavators, and other off‑highway rigs, the development means fresher, locally sourced parts. Right now, most of the 12 million friction discs the company churns out go to OEMs across India, but shipping from the existing plants adds a few extra days to the delivery window. The new plant should shave that up to a day or two.
The move also nudges JM Frictech into a tighter spot against rivals like Bosch Powertrain and Mahindra & Mahindra’s in‑house systems. While those companies still dominate the hydraulic actuation market, JM’s focus on wet friction technology is carving a niche in the heavy‑equipment sector that is seeing a surge in demand as the country pushes for zero‑emission construction gear.
The plant is expected to hit full production by mid‑2027, with a gradual rollout of new product lines in wet hydraulic actuation and hydrostatic solutions. Buyers in northern India can look forward to shorter lead times from the Chandigarh hub, and the company has hinted at further expansion in the southern market next year.