Axial Vector and Kirloskar Oil Engines Forming JV for Mass Production of Axial-Type Engines
Green Car Congress
FEBRUARY 2, 2010
The JV will be held 76% by KOEL—India’s largest manufacturer of diesel engines, both air-cooled and liquid cooled, covering a power range of 3 hp to 11,000 hp—and 24% by Axial Vector. Founded in 1888, Kirloskar Group today is a multi-product, multi-location engineering conglomerate with annual sales exceeding US$1.0
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