Actually incorporated as a private limited company in March 1982, Kalyani Brakes (KBX) was later converted into public limited company in Nov.'82. In Jan.'83, it tied up with Allied Signal, a Fortune-500 company to manufacture air and air-over-hydraulic brake systems in Bambhori, Maharashtra. In FY 2000-01, NABCO Ltd.of Japan, one of the promoters has sold their equity stake(26.66%) in the company to the other two promoters viz. Robert Bosch Corp. of USA, and Kalyani Group of India in equal proportion.
Kalyani Brakes(KBX), a JV company between Kalyani Group of India and Robert Bosch Corp of USA is into manufacture of Brake systems meant for automotive applications i.e Hydraulic, Air and Air over Hydraulic brake components. The company which aims to cater all the segments of the automobiles industry i.e agri tractors, CVs, two/three wheeleers and passenger cars keep on upgrading its technology by Collaborating with Wold leaders. Bosch Braking Systems provides state of the art technology from Japan and France for Vehicles of Japanese and European Origin respectively. Brembo S.P.A. of Italy helped KBX to introduce Hydraulic disc brakes for Indian motorcycles for the first time, Titan Italia S.P.A. helped KBX in wet brakes for Indian Agriculture tractor applications. The company has also tied up with Japan Brake Industrial Co. Ltd for the Brake Shoe bonding technology in upgrading and expanding of KBX's products range.
The Company is having a subsidiary, Precision Seals Manufacturing Ltd, holding a 60% equity which is dealing in Rubber and Backelite items for Autombiles.
It came out of the red during 1986-87. It offered rights in May '93 (premium : Rs 30) to part-finance the expansion of manufacturing facilities from 60,000 tpa to 1,00,000 tpa.
The company established a new state-of-the art manufacturing facility at Chakan, Pune. This new plant supplies brakes to foreign car manufacturers like Ford, GM and Hyundai, and was set up at a cost of Rs 37 crore. It is a state-of-the-art plant, based on the cell-concept of manufacturing.
The company has received the ISO 9000, ISO 9001 and the QS 9000 - the stringent quality standards set by three major US automakers. With this and a little help from its collaborators, NABCO and Bosch, KBX can hope to tap the foreign markets in the event of a slowdown at home.
The technical collaboration agreement with Japan Brake Industrial Co, Japan for brake shoe bonding technology help in manufacturing imported brake shoes for various passenger cars. This bonding technology would be utilised in the vehicles coming out of the Maruti's stable which includes Alto, Wagon R, Baleno and the new vehicle to be launched in Jan.'2001. The company is also targetting other models.
The company has taken initiative for purchase of brake plant and equipment from two leading international brake manufacturers. The company is also in for purchase of business from Eligi, Comibatore for truck air brakes etc.
The company has increased the installed capacity of Hydraulic, Air and Air Over Hydraulic Brake Components by 3251438 Nos during 2004-05 and with this expansion the total installed capacity of Hydraulic, Air and Air Over Hydraulic Brake Components has increased to 14899438 Nos.
During 2004-05 the manufacturing facility at Jalgaon Plant was totally revamped from process to product type set up. A brand new facility was commissioned at the existing site and this facility (J2 Plant) is based on cellular manufacturing and it's operations are being run by highly skilled personnel. Further the Aluminium Foundry at Jalgaon which supplies critical gravity die castings to the plants at Pune and Jalgaon was expanded and modernized. A new line automatic line was purchased that incorporates robotic pouring of the liquid metal to ensure quality and consistency of castigs. The company has also commissioned its facilities with a new product lines of Randem Vacuum Boosters and Twin Pot Calipers.
The name of the company was changed from Kalyani Brakes Ltd to Bosch Chassis Systems India Ltd during January 2006.
During October 2005 the company has signed an agreement with Brembo SPA of Italy, a 50:50 joint venture for application engineering, production and sales of two-wheeler brakes.