News

Minda, Japan’s Kosei Group form JV for alloy wheel moulds
Minda, Japan’s Kosei Group form JV for alloy wheel moulds

New Delhi: Auto component maker Minda Industries today said it has formed a joint venture (JV) with Japan’s Kosei Group to manufacturing moulds for alloy wheels. The proposed name for the JV company is Kosei Minda Mould Pvt Ltd, in which Minda would hold 49.9 per cent equity while Kosei Group would hold the rest 50.1 per cent. The JV…