Tata AutoComp and Magna to set up joint venture in India  [ India ]

Tata AutoComp Systems Ltd. and Magna International Inc. have signed a 50/50 joint venture agreement to provide seating systems to the Indian commercial vehicle industry. The joint venture, which will be headquartered in Pune, India, will be focused on delivering innovative seating systems to commercial vehicle manufacturers as well as buses. (From a press release on September 23, 2014)
<Sep 23, 2014>