Federal-Mogul Powertrain and ANAND Group forms two new JVs

Published On: 27th December, 2017

Auto-parts manufacturer ANAND India and Federal-Mogul Powertrain today formed a joint-venture named as Federal-Mogul ANAND Sealings India Limited and ANAND I-Power Limited. Both companies entered into an agreement to convert the sealing and piston ring businesses of ANAND into joint venture operations.