Caparo Engineering India, Japan’s ANSCO and MISI partners to expand high-strength fastener business in India

GURUGRAM: Caparo Engineering India Ltd. has partnered with Japan’s ANSCO Co., Ltd. and Marubeni-Itochu Steel Inc. (MISI) to develop and expand its business in India. The agreement, signed on October 14, 2026, is supported by a separate technical assistance agreement between Caparo Engineering India and ANSCO to strengthen manufacturing technology, production processes and quality control.

Under the technical assistance agreement, ANSCO will support Caparo in high-strength fastener manufacturing technology, quality control, product development and employee skill development. MISI will support raw material and product supply arrangements, marketing and business expansion, while Caparo will focus on strengthening its production systems, improving quality and expanding its market reach.

Akash Paul, Chairman of Caparo Engineering India Ltd., highlighted the importance of the company's legacy, long-term growth and international partnerships. He acknowledged the contribution of Arush Paul, Vice Chairman of Caparo India, and emphasised the importance of carrying forward the group's achievements, values and partnerships for future generations.


Arush Paul, Vice Chairman and CEO of Caparo India, said in a statement that the 19-year business relationship between Caparo and MI Steel had been built on trust, mutual respect and a shared commitment to manufacturing excellence.

Highlighting the potential of India-Japan collaboration, he said combining Japanese engineering precision and quality with India's manufacturing capabilities, skilled talent and growth potential could help build a strong and competitive business. He added that the initiative was not merely about expanding fastener manufacturing but also about setting higher benchmarks for quality, competitiveness and technological excellence in India.

Vinod Kumar Bapna, CEO of Caparo Maruti Ltd. and Group CFO of Caparo India, highlighted the opportunities emerging from the growth of India's automotive industry. Rising vehicle demand, the expansion of electric mobility and India's emergence as a global manufacturing hub are creating new opportunities for high-strength fasteners.

He emphasised that quality, productivity, innovation and technical expertise would be critical to meeting the requirements of an increasingly competitive industry. Combining Indian manufacturing capabilities with Japanese technical expertise, he said in a statement, could help deliver better outcomes for customers.

Atul Jain, CEO and Whole-Time Director of Caparo Engineering India Ltd., described the technical assistance agreement with ANSCO as an important step towards strengthening the company's manufacturing capabilities.

He said ANSCO's technical expertise, combined with Caparo's manufacturing experience and understanding of the Indian market, would support the development of specialised and critical fasteners. The collaboration is expected to strengthen product development, improve quality and enhance customer service for engine applications, Maruti Suzuki India Ltd. (MSIL), Honda and export markets.

Going forward, the three companies will work towards strengthening Caparo's production and quality control capabilities and establishing development and supply systems tailored to the requirements of Indian customers. MISI will facilitate collaboration by leveraging its expertise in the steel products industry and its domestic and international business network.

By combining local manufacturing and market access with Japanese engineering expertise and international supply chain capabilities, the companies aim to establish a competitive foundation for the high-strength fastener business in India.