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.