Pricol, a leading supplier of automotive instrument clusters in India has formed a 50:50 joint venture (JV) with Johnson Controls, a global leader in automotive seating, overhead systems, door and instrument panels, and interior electronics. This new joint venture will develop and manufacture instrument clusters, displays and body electronics for both automakers and motorcycle manufacturers that operate businesses in India, by leveraging Johnson Controls’ industry-leading Human Machine Interaction design and implementation expertise as well as product capabilities.
The new 50:50 JV will use Pricol's Pune manufacturing plant as its base and will develop and build instrument clusters, displays and body electronics for both car and motorcycle manufacturers in India.
Johnson Controls Enterprise is a UK based company and a wholly owned subsidiary of Johnson Controls, Inc.
Pricol is engaged in the manufacture and export of a complete range of automotive components starting from instrument clusters, dashboard meters, fuel sensors, oil pressure switches, speedometer drive cables, fuel cut off valve, filter suction, etc.
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| CIE Automotive India | 490.15 |
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