Tsuyo Manufacturing to ramp up production and adopt

Ramkrishna Forgings on Thursday said its board has approved the acquisition of up to 51% stake in TSUYO Manufacturing, a startup engaged in powertrain solutions for electric vehicles for an undisclosed amount.
The Board of Directors of Ramkrishna Forgings Limited (“Company"), one of the leading suppliers of rolled, forged, and machined products has approved an investment to acquire upto 51% voting rights of TSUYO Manufacturing Private Limited (“TSUYO"), a Make-In-India start-up company engaged in powertrain solutions for electric vehicles,
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