Tier-1 automotive component supplier Tata AutoComp Systems (TACO) have joined forces with Japan’s Ichikoh to cater to the vehicle lighting market in India. Valeo hold a 61.2-per-cent stake in Ichikoh, and TACO and Ichikoh are forming a JV to acquire Valeo Lighting Systems’ Indian business. TACO Vice Chairman Arvind Goel says, “The formation of this…
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