Report
Gabriel India and Forvia form joint venture for automotive seating in India
The Economic Times reports Forvia holds a controlling 50% plus one share; Gabriel India holds 50% less one share.
TLDR
The Economic Times reports the venture, Faurecia ANAND Seating India Private Limited, will manufacture advanced automotive seating systems for India. The partnership takes Gabriel India beyond its traditional suspension components. Financial details of the deal were not disclosed.
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