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。
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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。
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