Brakes India and ADVICS plan JV for advanced braking systems production in India – ET Auto
Baua Electric
JUNE 5, 2024
Based out of the southern part of India, the company will be set up with an investment of over INR 500 crores employing more than 300 people over the next few years. A green field project, this JV entity will be funded by both Brakes India and ADVICS with a 51:49 shareholdings respectively.
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