# Seojin Automotive and Tata AutoComp sign MOU for joint venture in India

Seojin Automotive signed an MOU with Tata AutoComp System Limited (TACO) on June 27, 2017, to establish a joint venture in India. The JV will develop and manufacture transmission clutches and parts for the Indian OEM and aftermarket.

- Type: Partnership
- Announced: 2017-06-29
- Where: India, India
- Status: announced
- Products: transmission clutches, transmission parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Seojin Automotive](https://endata.com/companies/25237.md)
- [Tata AutoComp System Limited](https://endata.com/companies/25238.md) (partner)

## Sources

- [secoautomotive.com](https://secoautomotive.com/invest/ir-information.php?admin_mode=read&make=&no=3241&search=), 2017-06-29: "이번 MOU는 인도의 대표적 자동차 업체인 TATA의 자회사인 TACO와 J/V를 통해 잠재성이 큰 인도 자동차 부품시장을 확대함으로써 글로벌 자동차 부품 회사로 성장해 간다는 점에서 매우 뜻이 깊다"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.