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TOYOTA BOSHOKU CORP Announces Joint Sales Venture With Relan Group Of Industries


Thursday, 24 Oct 2013 01:00am EDT 

TOYOTA BOSHOKU CORP announced that it has reached an agreement to establish a joint sales venture with Relan Group of Industries, an automotive components supplier that makes seats and other components in India. With the aim to strengthen sales structure and expand business in the decisive Indian market, the Toyota Boshoku group has established a joint sales venture, Toyota Boshoku Relan India Private Limited. Toyota Boshoku`s management hub for the Asia & Oceania region, Toyota Boshoku Asia Co., Ltd., and Relan Group`s automotive components company, Sharda Motor Industries Limited will invest equally in the joint venture. 

Company Quote

1350.0
13.0 +0.97%
21 Nov 2014