Forvia, Anand Group form India seating JV

Forvia and Anand Group form India seating JV. The partnership aims to strengthen local manufacturing capabilities and capture growing demand in the automotive seating segment. The JV targets $150 million in revenue within five years and will operate manufacturing facilities in Chennai and Sanand. New product launches expected by 2025.
📊 STOCKS: ANANDRATHI | 🏢 SECTOR: Auto | #MEDIUMIMPACT #JointVenture