Brakes India forms JV with Japanese firm for advanced braking products

Brakes India forms JV with Japanese firm for advanced braking products

Brakes India on Wednesday announced its plans to develop and manufacture advanced braking products for the domestic light vehicle market in a 51:49 joint venture partnership with Japanese AISIN Group company ADVICS at an investment of Rs 500 crore over the next three years. The joint venture entity will focus on developing these products in … Read more

ASK Automotive, AISIN Group enter into JV for passenger car segment

ASK Automotive, AISIN Group enter into JV for passenger car segment

Auto parts maker ASK Automotive on Wednesday said it has entered into a joint venture pact with Japanese auto components supplier AISIN Group Companies in the passenger vehicle space. As part of the collaboration, the two partners will market and sell the auto components in “independent after markets for passenger car production”, ASK Automotive said … Read more