RSB Group Marks 50 Years, Targets Threefold Growth By 2028

RSB Group, an Indian automotive components manufacturer has completed its 50 year recently. RSB Group was founded in 1974 by 2 brothers R.K. Behera and S.K. Behera with an initial capital of Rs 2 lakh, has grown into a Rs 3,000 crore enterprise with over 6,000 employees.

RSB group aid they are aiming to reach Rs 10,000 crore mark in revenue within the next 3 to 4 years before launching its Initial Public Offering (IPO). Recently, Bain Capital ha invested in the group with which they will be entering the international markets such as Mexico.

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R.K. Behera, Chairman, RSB Group, stated, “Looking back on 50 years of RSB, I am deeply grateful for the journey we’ve taken. The celebration is not just about marking a milestone; it’s a tribute to the humble beginning, to the dedication and shared values that have brought us here. This journey wasn’t one I took alone; it was built alongside my brother, SK Behera, whose support and determination carried us through our most challenging times."

At present RSB group is operating 17 manufacturing facilities in India, along with plants in abroad and a tech subsidiary in Pune. In terms of Automotive component supply chain, RSB group caters to some of the biggest OEMs in the country including Tata Motors, Ashok Leyland, Mahindra & Mahindra, John Deere and some others as well. RSB group manufactures propeller shafts, axles, gearboxes and other components for the automotive and construction sectors.

The company has also entered the electric vehicle (EV) space, they started developing e-axles, motors and controllers in partnership with an Israeli firm and by 2028, RSB targets 25% of its revenue from EV components.

"In the beginning, we faced intense struggles—limited resources, financial setbacks, and constant hurdles—but with SK by my side and the unyielding spirit of our employees, we persisted. Every success is truly a testament to the sacrifices, resilience, and dedication of our RSB parivar. As we look forward, I urge our next generation to hold fast to these values of integrity, quality, and respect. They are also expected to have a strong focus on sustainability. Together, we have not only achieved growth but also built a legacy that we can proudly pass on, impacting our communities and industry for years to come,” he further added.