CY Myutec ANAND Private Limited was set up in 2008 as a joint venture between the ANAND Group and CY Myutec, Korea (earlier Chang Yun of Korea). It is among India's leading manufacturers of automotive synchroniser rings. It manufactures the finest auto friction components including single and multi-cone rings, friction-coated rings, swash plates and auto friction materials, among others. Over the years, it has carved a niche for itself on the back of ground-breaking innovations, such as liquid honing process and steel ring technologies.