Bharat Forge forms JV with Refu Electronik for EV components


Companies to invest EUR11.35 million (USD12.77 million) in the 50:50 JV

India-based component maker Bharat Forge has formed a 50:50 joint venture (JV) with Germany-based Refu Electronic for developing electronic components for electric vehicles (EV), the company announced in a corporate filing on Bombay Stock Exchange on 7 June.

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