Hindustan Composites Limited., previously known as Hindustan Ferrodo Limited, is an associate of AM & FM, UK, which acquired the undertaking of Asbestos, Magnesia & Friction Materials, to manufacture friction materials and asbestos industrial products. The Company is having its works in Mumbai, Paithan, Bhandara and Jalna. The Company is engaged in manufacturing and marketing of fibre based composite materials, consisting of Friction and Sealing products. Friction Materials include Brake Liners, Roll Linings, Clutch Facings, Disc Brake Pads used in Heavy and Light Trucks, Passenger Cars, 2 / 3 wheelers, off-road-vehicles, Construction & Mining equipment. Composition Brake Blocks are also used by the Railways.