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Bosch Ltd and Tata Autocomp Systems Ltd will set up a 50:50 joint venture in India to manufacture e-axles and electric traction motors, with an initial investment of up to ₹94 crore. The JV will be incorporated as a private limited company.
“Bosch Ltd on Tuesday said it will set up a 50:50 joint venture with Pune-based Tata Autocomp Systems Ltd to manufacture e-axles and electric traction motors in India.”thehindubusinessline.com
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