Adhunik Group of Industries has been in discussion for tie-up with major automobile companies to supply specialised steel and auto components, a top official of the company said.
"Adhunik Metaliks Limited, a flagship company of the group, has been in discussion with automakers like Toyota, Honda, Bajaj and Maruti Suzuki to supply automobile parts and steel," President (marketing) of Adhunik Group of Industries, Vijay Kumar told reporters.
He said, the technical discussion with Toyota and Honda is completed and discussions for commercial tie-up is in the final stages.
Kumar said they have plans to supply specialised steel as well as auto components being produced by the subsidiary companies of the group to the automobile industry.
"Similar discussion was in a satisfactory stage with Honda and Bajaj automobile companies while it was in the preliminary stage with Maruti Suzuki," Kumar said.