Pune: Auto component manufacturer Tata AutoComp Systems on Tuesday entered into a joint venture (JV) agreement with global automotive supplier Magna International for providing seating systems to Indian commercial vehicle industry.
"This partnership with Magna will expand our portfolio to bring the latest in seating systems to the Indian commercial vehicle industry," said Ajay Tandon, managing director and chief executive Tata AutoComp Systems.
According to the company, the JV will focus on delivering innovative seating systems to commercial vehicle manufacturers as well as buses.
The company added that the JV will be headquartered in Pune.
Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage.
