To develop next generation electric drive systems.
Merger expected to take place on the back of Setco group purchasing all the stake owned by Lingotes Especiales S.A. (technology & JV partner) in Lava cast Pvt. Ltd.
In a new metal press and two new hot stamping lines
Recorded a sequential increase in sales compared to the previous month
Sales up by 7.83%; FY 2018-19 Net Profit up by 16.10%
To support skill development under the Schaeffler Technical Enhancement Program (STEP)
The primary purpose of rolling out phase II of FAME scheme is the faster adoption of electric and hybrid vehicles throughout the country, says a report by SKP Business Consulting LLP....
Obtains a worldwide patent for its invention
Will produce the Hilux locally in Myanmar where the automotive market is expected to expand