Kirloskar Electric Company forms 50:50 JV with Electrodrive Powertrain Solutions
Capital MarketKirloskar Electric Company has entered into joint venture with Electrodrive Powertrain Solutions for purpose of design and development, sales and supply of electric motors to be used in all types of electric vehicles.
The products which proposed Joint Venture will sell and supply will be manufactured solely by Kirloskar Electric Company, the necessary product information, data required for the manufacturing process shall be provided by Joint Venture to the Kirloskar Electric Company.
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