Amtek in JV with Canada's Magna Powertrain

Newswire

MUMBAI, Nov 1 (Reuters) - Indian auto parts maker Amtek Auto Ltd. said on Wednesday it would set up a manufacturing facility in an equal partnership with Canada's Magna Powertrain, a unit of Magna International Inc. . The unit, to be set up in India, would make flexplate assemblies used in automobiles, the company said in a statement. The unit is expected to begin operations in late 2007, the company said.

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