BRIEF-ASK Automotive Signs Deal With Fras-Le S.A. To Establish JV In India

Newswire

Dec 7 (Reuters) - ASK Automotive Pvt Ltd: * CO, FRAS-LE S.A. TO ESTABLISH JV IN INDIA FOR PRODUCTION OF BRAKE PADS, LININGS FOR COMMERCIAL VEHICLES TO SUPPLY OEM, IAM MARKETS * JV PLANS TO INVEST MORE THAN 1 BILLION RUPEES OVER A PERIOD OF 3 YEARS Source text - [ASK Automotive (P) Ltd signs Joint Venture with Fras-le, Brazil ASK (World Leader in Two Wheeler Friction) and Fras-le (World Leader in Commercial Vehicle Friction segment) New Delhi, 07th December, ...

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