Federal-Mogul Powertrain and ANAND Group formed two new joint ventures
Published On: 27th December, 2017
Auto parts manufacturer ANAND India and Federal-Mogul Powertrain formed two joint ventures named as Federal-Mogul ANAND Sealings India Limited and ANAND I-Power Limited. Both companies entered into an agreement to convert the sealings and piston rings businesses of ANAND into two joint-venture operations.