Talbros Automotive Components Limited (TACL), India’s largest gasket manufacturer, and Magneti Marelli have signed a pact to set up a 50:50 joint venture to manufacture suspension systems and modules. The JV is expected to be operational by April 2012, and TACL will transfer its existing stamping business to this JV, after obtaining shareholder approval.
18 Nov 2011 | 3958 Views | By Autocar Pro News Desk
NEWS Talbros Automotive Components Limited (TACL), India’s largest gasket manufacturer, and Magneti Marelli have signed a pact to set up a 50:50 joint venture to manufacture suspension systems and modules. The JV is expected to be operational by April 2012, and TACL will transfer its existing stamping ...
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