About Fiem Industries Limited

Fiem Industries Limited is a leading manufacturer of automotive lighting and signalling equipment, rear view mirrors, plastic moulded parts, sheet metal components, bank angle sensors, and canisters for motorised vehicles. The company also manufactures LED luminaries for indoor and outdoor lighting, display panels, and LED-integrated passenger information systems. Founded and promoted by Mr. J. K. Jain and Mrs. Seema Jain, the company has a long-standing promoter-led leadership structure. Ms. Aanchal Jain and Mr. Rahul Jain joined the Board on December 2, 1999, and November 14, 2004, respectively, marking key milestones in the company’s governance and succession planning.

The company serves a diversified customer base across India and global markets, supported by an integrated ecosystem of in-house R&D, advanced photometric testing, EMI/EMC validation, and smart manufacturing facilities. Its manufacturing footprint includes plants at Kundli and Rai (Haryana); Hosur (Tamil Nadu); Mysore (Karnataka); Nalagarh (Himachal Pradesh); Ahmedabad (Gujarat); and Tapukara (Rajasthan). It also operates design centres in Pune and overseas, with a consolidated Innovation Centre and Corporate Office in Gurugram, Haryana. As of March 31, 2025, the company had two subsidiaries and a 50:50 joint venture in Hong Kong, while it exited a non-operational joint venture in Italy during the year.

Fiem Industries Limited Key Management

• J. K. Jain – Chairman & Managing Director

• Rahul Jain – Joint Managing Director

• Rajesh Sharma – Joint Managing Director

• Vineet Sahni – CEO & Director

• Seema Jain – Whole-time Director

• Aanchal Jain – Whole-time Director

• Kashi Ram Yadav – Whole-time Director

• Om Prakash Gupta – Chief Financial Officer

• Arvind Kumar Chauhan – Company Secretary

Latest Updates on Fiem Industries Limited

• Record performance: The company achieved record revenues in FY 2024–25, maintaining stable margins and deepening engagement with leading OEMs amid a revival in the 2-wheeler industry. The LED share in automotive lighting increased to 59.3%, up from 52% in the previous year.

• Innovation & R&D expansion: A state-of-the-art Innovation and R&D Centre was established in Gurugram, integrating Mechanical, Optical, Electronics and CAE teams. The company is setting up an EMI/EMC validation lab, along with an in-house SMT line, prototyping facilities, and new assembly lines to accelerate electronics product development. The Corporate Office is co-located for improved agility and coordination.

• Joint venture updates: The company exited its Italy-based joint venture, Centro Ricerche Fiem Horustech S.R.L., during the year. The Hong Kong joint venture, Fiem Kyowa (HK) Mould Company Ltd., continues as a 50:50 JV.

• OEM concentration: Key customer relationships remain strong—TVS Motor Company contributed 27.67%, Honda Motorcycle & Scooter India contributed 25.49%, and India Yamaha Motor contributed 14.82% of FY 2024–25 revenue.

• Rai plant update: Following the fire incident at the Rai facility on June 13, 2023, reinstatement of buildings, machinery, and assets was completed during the year. The company received interim insurance payments of Rs 50 crore, with final assessment underway.

• Industry recognition: Awards in FY 2024–25 included:
  • Best Supplier – Enhancing Overall Cost Competitiveness (2024–25) – Honda Motorcycle & Scooter India

  • Best New Model Part Development (2025) – Suzuki Motorcycle India

  • Exceptional Performance in Cost (2024) – Yamaha Motor India Group

  • Appreciation Award (2024) – Hyundai Motor India