Wheels India Ltd (WHEELS)
Wheels India Ltd has submitted to BSE a copy of Press Release titled "Joint Venture with Bosch"
Joint venture proposed between TSF Group (Wheels India and Brakes India) and Bosch with 50:50 shareholding. JV to develop and manufacture next-gen electronically controlled air system products for commercial vehicles globally. Focus on engineering, manufacturing, and sales of electronic modules for air compression, processing, suspension, and parking brakes. Combines Bosch's electronics/software strengths with TSF's mechanical and manufacturing capabilities.
Source: Original filing PDF
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