Bosch, Brakes India, Wheels India form JV for CV air systems
Bosch, Brakes India, and Wheels India form JV for advanced CV air systems. The joint venture aims to develop and manufacture cutting-edge air braking solutions for commercial vehicles. This strategic collaboration targets growth in the CV segment with technology transfer and scale. ₹200 crore initial investment is planned over the next two years.
📊 STOCKS: BOSCHLTD, BRAKESINDIA, WHEELS | 🏢 SECTOR: Auto | #MEDIUMIMPACT #JointVenture
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