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India

Gabriel India JV in fasteners business becomes subsidiary with 51% stake

On February 27, Gabriel India Limited announced that Jinhap Gabriel Auto India Private Limited (JGAIPL), its joint venture with Jinos Co., Ltd., has become a subsidiary after the allotment of equity shares in a 51:49 ratio to Gabriel and Jinos, respectively. 
The JV will undertake engineering, design, development, ma....

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