Joyson Safety Systems merges two Indian joint ventures

Joyson Safety Systems announced the formation of a tri-party joint venture merging KSS Abhishek Safety Systems and Takata India Pvt. Ltd. into Joyson ANAND Abhishek Safety Systems Private Ltd., with Joyson holding 65%, ANAND 30%, and Abhishek Industries 5%.

“This Joint Venture will become a platform for our safety products business to broaden our product offerings in India and increase our market share in one of the fastest growing automotive markets in the world.”dbusiness.com

• 1 source
• dbusiness.comJoyson Safety Systems in Auburn Hills Forms Tri-party Joint Venture with Indian Companies - DBusiness MagazineGrace TurnerJun 14, 2019

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