Talbros to spend 503.9 mln rupees on expansion, JV

Newswire

MUMBAI, Aug 26 (Reuters) - India's Talbros Automotive Components Ltd. said on Friday it will invest 503.9 million rupees on expansion and a joint venture with Nippon Leakless, a Japanese gasket maker. Talbros said the investment includes 318.2 million rupees for a forging unit and 94.6 million rupees to expand a gasket manufacturing facility in the northern Indian state of Haryana. It will also spend 48 million rupees on its share of the joint venture with Nippon Leakless, which will ...

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