The Hema Group and Nino Verlicchi & Sons came together to form a 50: 50 joint venture“Verlicchi Hema Automotive”. This venture synergizes the inherent strengths of the two companies.“Verlicchi Hema Automotive” will be one of India’s first companies which will design and manufacture two wheeler Frame, Mufflers, Exhaust Systems, and Fuel Tanks in Steel & Aluminium.

International Joint Venture with Roberto Nutti s.p.a (Trade Mark SABO), ), Italy and Hema Engineering Industries Ltd. came together to form a joint venture for producing Oil Filled Shock Absorbers for the International market and the Indian market for the heavy commercial and light commercial vehicles sector. Roberto Nutti s.p.a has been manufacturing Shock Absorbers since the past 32 years for commercial vehicles like IVEO, MAN, VOLVO, MERCEDES BENZ, SCANIA & sells its products in 75 countries around the Globe.