A new joint venture will develop and produce filter elements, fuel filter systems and easy-change filters
The Bosch Group and Mann+Hummel Filter have formed a six million Euro joint venture (JV) to develop and produce automobile filters in Tumkur in the
The Bosch Group owns 25% of shares in the JV through its subsidiary Robert Bosch Investment Nederland and 25% through its subsidiary the Indian Motor Industries Company (MICO).
The other half of the shares are held by Mann and Hummel Filter, a subsidiary of Mann+Hummel.
The JV itself plans to develop and produce fuel filter systems as well as oil, fuel, air and car-interior filters for the Indian market as well as for export.
It plans to start filter production by mid-2006.
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