◂ Announcements

Dec 7, 2017PARTNERSHIPIndia

ASK Automotive and Fras-Le S.A. form joint venture in India

ASK Automotive and Fras-Le S.A. signed an agreement to establish a joint venture in India for production of brake pads and linings for commercial vehicles, with planned investment of over 1 billion rupees over three years.

Value

$15.6M (1.00B INR)

Status

Announced

Productsbrake padsbrake linings for commercial vehicles

CompaniesFras-le partner ASK Automotive partner

Sectors#Automotive Components

“ASK Automotive (P) Ltd signs Joint Venture with Fras-le, Brazil”reuters.com

1 source
reuters.comASK Automotive Signs Deal With Fras-Le S.A. To Establish JV In IndiaDec 7, 2017

Summarized from public sources; check the original articles before acting on it.

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ASK Automotive and Fras-Le S.A. form joint venture in India · Endata