# Anand Group and HL Group form JV HL Anand Automotive Parts for aftermarket

Anand Group and Korea's HL Group signed a joint venture to form HL Anand Automotive Parts Private Limited, focusing on aftermarket components for passenger vehicles in domestic and international markets. Two distribution centers will be set up in the next two years.

- Type: Acquisition
- Announced: 2023-09-13
- Where: India
- Status: announced
- Products: aftermarket components for passenger vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Anand Group](https://endata.com/companies/39785.md) (partner)
- [HL Group](https://endata.com/companies/72573.md) (partner)

## Sources

- [auto.economictimes.indiatimes.com](https://auto.economictimes.indiatimes.com/news/auto-components/anand-and-koreas-hl-group-launch-hl-anand-automotive-parts-for-aftermarket/103627537), 2023-09-13: "This strategic JV with HL Group will significantly expand our aftermarket business in both domestic and international markets."

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