Aequs, a precision manufacturer in southern India, has signed long-term supply agreements with more businesses of Safran, the aerospace and defense group in Paris. The contracts cover landing gear components for Airbus and Boeing aircraft, The Hindu BusinessLine reported. Aequs already supplied Safran Landing Systems. The new agreements add Safran...
Stellantis Takes Full Ownership of Its India Manufacturing Plant
Stellantis, the automaker headquartered in Hoofddorp, Netherlands (and the owner of Chrysler), has taken full ownership of its vehicle plant in Tiruvallur, in southern India, by buying out the remaining stake held by its India joint-venture partner. The companies did not disclose the price or the size of the stake....
BMW To Make Small Motorcycle in India for Global Sale
Frank Schloeder, president of the German subsidiary BMW India, told the Times of India that, “While India is a big market in itself, we have plans to position the G310R as a global product. The India-made bike will be sold in Germany, the U.S. and many countries in Europe.” The...