Minda Industries and Kasei Group form joint venture for wheel moulds in Bawal

Minda Industries announced a joint venture with Japan's Kasei Group to make alloy wheel moulds in Bawal, Haryana, with an initial investment of Rs 25.5 crore. Minda holds 49.9% equity.

“The venture will have an initial investment of Rs 25.5 crore, with Minda holding 49.9% equity and Kasei Group the rest 50.1%.”vccircle.com

• 1 source
• vccircle.comMinda to acquire Germany’s iSYS, sets up wheel-making JV with Japan’s KaseiShailaja SharmaJul 16, 2018

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