Actis invests $71 mln in Indian auto parts firm

Newswire

MUMBAI, Dec 22 (Reuters) - UK-based private equity firm Actis said it has invested $71 million in unlisted Indian auto parts maker Endurance Technologies Ltd, adding to its investments in the fast-growing Indian auto sector. Endurance makes aluminium die castings, suspensions, transmissions and brakes, with a focus on the motorcycle and scooter market, and high-end engine and transmission components for passenger and commercial vehicles. It has 19 manufacturing facilities, spread across ...

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