EuroGroup Laminations buys 40% stake in India's Kumar Precision Stampings

Italian electric motor component maker EuroGroup Laminations is buying a 40% stake in India's Kumar Precision Stampings, entering the Indian market. The company also signed a preliminary agreement for a strategic electric vehicle sector alliance in China.

“Italian electric motor component maker EuroGroup Laminations is buying a 40% stake in India's Kumar Precision Stampings.”reuters.com

• 1 source
• reuters.comElectric motor parts maker EuroGroup Laminations enters India, signs JV in ChinaAug 1, 2024

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