The Rs 1463 crore ASK Automotive (P) Ltd., a manufacturer of friction materials and Fras-le S.A. (a Randon Company), that makes friction material with a revenue of more than $380 million (Rs 2528 crore) have signed an agreement to establish a joint venture in India.
According to the agreement, the companies plan to enter into a partnership to produce brake pads and linings for commercial vehicles to supply the OEM and IAM markets. The JV plans to invest more than Rs 100 crore over a period of 3 years and generate an employment of more than 900 people.
この記事は Auto Components India の January 2018 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Auto Components India の January 2018 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
U.S. COMMERCE DEPARTMENT ISSUES PRELIMINARY DECISION ON TURKISH BRAKE DRUM SUBSIDIES
On December 06, 2024, the U.S. Department of Commerce announced a preliminary affirmative determination in the Countervailing Duty (CVD) investigation concerning certain brake drums imported from the Republic of Türkiye as per The Brake Report.
BHARAT MOBILITY GLOBAL EXPO 2025 THE COMPONENTS SHOW PREVIEW
The Bharat Mobility Global Expo 2025, slated for January 17-22, is ready to dazzle the world with its expansive and innovative display of automotive and mobility solutions, writes Ashish Bhatia.
INTELLIGENT TRAILERS
Today's trailer customers enjoy access to a complete range of integrated solutions, writes Ashish Bhatia.
UNLOCKING THE POTENTIAL OF USED EVS IN INDIA'S GROWING EV MARKET
India's EV market, valued at USD 2 billion, is on the fast track to becoming the third largest globally by 2025. However, maintaining this momentum will depend heavily on developing a robust second-hand EV market
SAPIENCE HARNESSES AI FOR ROAD SAFETY
Sapience Automata is banking on Al-driven ADAS innovations to curb accidents, and improve fleet efficiency, writes Upendra Kasbekar.
TRAFFIC SURVEILLANCE SOLUTIONS
CP Plus is offering innovative traffic surveillance solutions to enhance on-road safety. writes Richa Tyagi.
LEGACY BRAND RENEWED PURPOSE
As Godrej Enterprises Group celebrates its 127th anniversary, the company unveiled a bold vision to chart a sustainable and innovative path forward, writes Ashish Bhatia.
GLOBAL AUTOMOTIVE SOLUTIONS
Raghavan Sampath, Director of Business Development, India Business Development Division at MediaTek, shared the company's strategic approach of offering global automotive solutions, with Richa Tyagi.
SOUTH KOREAN BATTERY MAKERS' DECLINING SHARE
Three South Korean electric vehicle battery makers saw their combined global market share fall from a year earlier in the first 10 months of 2024 amid robust growth of Chinese rivals, industry data showed on Monday.
UNO MINDA GPT-ENABLED MUSIC SYSTEM
Uno Minda Ltd. has introduced India’s first GPT-enabled Android music system, the WTUNES-464DN-GPT, revolutionizing the in-car experience.
