Deal key to Arçelik's strategy of creating a continuous and strong presence along the historical Silk Road
Corporate office in Chennai becomes the first office in India and fourth in the world to achieve this milestone
Started with an installed capacity of 50,000 kMT, the plant expanded its capacity to 130,000 kMT by 2013
Transaction expected to close on or around April 9, 2019
Will launch its flagship products “One” and “Mile” performance e-bikes by mid-march 2019
Both OEMs agree to begin considering concrete collaboration in new fields.
Further debottlenecking measures planned in India
All changes will be effective from 1 May 2019.
Instead of the 50 previously planned