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NDR Auto Components announced a joint venture with DYA Co. Limited to manufacture complete automotive seat systems. NDR will hold 51% and DYA 49% of the JV, with a total project cost of up to ₹62.96 crore.
“The proposed JV will have a 51:49 equity ownership structure: NDR Auto Components will hold 51.0%, while DYA Co. Limited will hold 49.0% of the JV’s share capital.”knowyourcompany.ai
Summarized from public sources; check the original articles before acting on it.