Federal-Mogul Powertrain and ANAND Group forms two new JVs

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.

Ansysco ANAND, Seiken Chemical Industry Company Limited, Japan, sign technical assistance agreement

Ansysco ANAND, a Group company of ANAND Automotive, India and Seiken Chemical Industry Company Limited, Japan have entered into a Technical Assistance Agreement (TAA) catering primarily to the Indian automotive sector. The signing ceremony was held at ANAND Group Corporate Headquarters in New Delhi.

Ansysco ANAND signed a Technical Assistance Agreement with Seiken Chemical Industry Company Limited, Japan

The objective of this TAA is to manufacture and sell Coolant and Brake Fluids to Japanese OEMs in India. This will enable Ansysco ANAND to access latest technology on Coolants and Brake Fluids from Seiken. This collaboration will ease the entry of Ansysco ANAND into Japanese OEM’s who contribute nearly 60% SOB in the Indian automotive market.

ANAND Group well on track for robust growth in FY17

The ANAND Group, one of the largest and most respected auto component conglomerates in the country, was present in full splendor at the Auto Expo Components Show this year. The Group, known for its highly successful joint ventures with top global brands such as Mando Automotive India, MAHLE, Federal-Mogul, Faurecia Clean Mobility, Dana Anand India, Takata India, Haldex ANAND India, Henkel ANAND India, Valeo, and others, in addition to its own brand Gabriel, put out its complete range of components catering to the entire spectrum of the automotive industry