April 27, 2017 / 8:23 AM / 3 months ago

BRIEF-Minda Industries signs JV deal with Tung Thih Electronic, Taiwan

1 Min Read

April 27 (Reuters) - Minda Industries Ltd:

* Says signed joint venture agreement with Tung Thih Electronic Co. Ltd., (TTE), Taiwan

* Says agreement to develop, manufacture, market and sale of driving assistance products & systems and safety systems

* Says proposed location for unit to be in NCR

* Says shareholding in JV co will be in 50:50 ratio

* Says initial investment for first phase is 350 million rupees Source text: bit.ly/2pBOyje Further company coverage:

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