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Kirloskar Electric Company forms 50:50 JV with Electrodrive Powertrain Solutions

Capital Market 

Kirloskar 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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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, October 31 2019. 17:47 IST
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