Minda Industries, Kasei Group to form JV in India for alloy wheel molds

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Strategic Partnerships

Minda to hold 49.9% stake in the new JV, Kosei Group to hold 50.1%

Minda Industries Limited (MIL), the flagship company of India-based UNO Minda Group, has entered an agreement with Japan-based Kasei Group to form a joint venture (JV) that will manufacture molds for alloy wheels in India, according to a regulatory filing yesterday (16 July).

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