Munjal Kiriu Industries Private Limited is a Joint Venture Company formed by Hero Motors Limited, a well renowned company of Hero Group in India and Kiriu Corporation and Sumitomo Corporation, well renowned companies of Sumitomo Group in Japan in 2010 to manufacture Brakes Discs, Brakes Drums, Cylinder Block, Pressure Plate, Brake Plate and Steering Knuckles for automotive original equipment manufacturers viz. Maruti Suzuki India Limited, Honda Cars India Limited, Renault Nissan Automotive India Private Limited etc. in the Indian and overseas market. The company also capture approx. 80% of Indian Market in the Non- Automotive Products viz Crankcase which needs to be used for manufacturing of compressors for refrigerators, washing machines, air conditioners etc. in India and Overseas.