TRW has announced that it has formed a joint venture with Sun Vacuum Formers to produce steering wheels in India. The joint venture will be called TRW Sun Steering Wheels Private Limited.
Go deeper with GlobalData
Sun currently supplies steering wheels to Maruti-Suzuki, Tata Motors, General Motors and Ford Motor Company operations in India, and is a Tier 2 supplier to Honda and Toyota. The company had a total revenue of US$8.5m in 2006. The company also produces injection moulded seat components for Honda motorcycles.
Phil Cunningham, vice president of Business Development for TRW Automotive said: “Sun is already well positioned in the Indian steering wheel market. TRW has been a significant supplier through its various partnerships in India beginning in 1962, and will bring its global steering wheel expertise into the joint venture.
A new plant for the joint venture will be built in Pune, India. It will support customers in the north west of the country.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
