Apar Industries forms joint venture with PPS Motors for lubricants

Apar Industries Limited entered into a joint venture agreement with PPS Motors Private Limited and others, incorporating Ampoil Apar Lubricants Private Limited to market lubricants under the AMPOIL brand. Apar holds a 40% share. The agreement was announced on January 2, 2018.

“Apar Industries Limited (AIL) has entered into a Joint venture agreement with M/s. PPS Motors Private Limited (PMPL) and Other and for the purpose incorporated a Company in the name of 'Ampoil Apar Lubricants Private Limited' (AALPL).”moneycontrol.com

• 1 source
• moneycontrol.comApar Industries enters into JV agreement with PPS Motors- Moneycontrol.comJan 2, 2018

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