Thursday, August 9, 2007

Motherson Sumi forms JV with Calsonic

Motherson Sumi Systems Ltd has entered into a joint venture with Calsonic Kansei to meet the needs of the automotive manufacturers in India including the new car makers who have announced their plans to set up manufacturing base in India.

The joint venture company will be called Calsonic Kansei Motherson Auto Products Ltd, in which Calsonic Kansei will have 51% and Motherson will have 49% share.

The production will begin in 2009 starting with manufacturing and sales of automotive air conditioning units for Japanese car makers in India.

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