INTERVIEW-UPDATE 1-Banco to enter US market with 3 contracts

Newswire

(Adds details, quotes, share price, byline) By Aniruddha Basu MUMBAI, Sept 29 (Reuters) - Auto parts maker Banco Products India Ltd has finalised contracts with three US auto wholesalers, marking its entry into the American market, Chairman Vimal K Patel said on Monday. The company expects sales of around $1.5 million from the U.S. market in FY09 after these contracts, he told Reuters. "So far, our presence overseas was mainly in the European markets, with these contracts we have ...

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