Warranty Group
Understand conditions that can render warranty void before buying a product
Buy an extended warranty only if there is no duplication vis-a-vis manufacturer's warranty
 "Understand conditions that can render warranty void before buying a product")
Warranty Group increases stake in TVS TWG Warranty Solutions to 90%
The Warranty Group (TWG), a warranty solutions and after-sales services, will be acquiring a majority stake in its joint venture company TVS TWG Warranty Solutions Limited with TVS Automobile Solutions Private Limited (TVS ASPL), a TVS Group and a leading automobile service provider. In line with TWG's strategy to expand its footprint in the auto and non-auto segments in India, the company will become a 90 per cent shareholder in the joint venture (JV). TVS ASL will retain a 10 per cent shareholding said the company while declining to share any financial detials.The JV offers extended warranties and related services and solutions in the auto sector throughout India. Inked in 2014, the JV currently works with some of the top global and local automotive brands in the region. "Acquiring a majority stake in the JV is a major milestone in The Warranty Group's corporate journey in India," said Manfred Schmoelz, Executive Vice President for The Warranty Group in APAC. "This expands our ...
 "Warranty Group increases stake in TVS TWG Warranty Solutions to 90%")
