Delphi's Indian JV to invest 5 bln rupees in 5 yrs

Newswire

BANGALORE, Feb 17 (Reuters) - An Indian venture of Delphi Corp. , the world's largest auto parts maker, said on Thursday it planned to invest 5 billion rupees ($114 million) in the next five years to make a new product and add capacity. Delphi-TVS Diesel Systems Ltd., a partnership with India's TVS Group whose companies include TVS Motors , said the investment would help it make common rail fuel injection systems for diesel engines and expand its rotary pump manufacturing capacity. ($ 1 = ...

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