Arvin Meritor looks at big business in India

Company eyes $1 billion over the next few years and is planning to increase technical capabilities in Asia.

04 May 2007 | 7246 Views | By Autocar Pro News Desk

The US-based Arvin Meritor, with a turnover of $9.2 billion, expects to do $1 billion worth of business annually in India over the next few years. This will involve making component purchases worth $500 million while the balance will be generated through sales made by its local joint ventures. President, ...

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