Automotive Axles has entered into a services agreement with Meritor HVS (India) (MHVSIL). Under the services agreement, MHVSIL has agreed to provide certain marketing, business development, engineering and product development, product technology, account management and relationship, program management related services to the company in relation to the products manufactured by the company.
This enables the company to strengthen its customer base by utilizing the technical expertise/information and specialized services provided by MHVSIL. The company’s board had approved the same in their meeting held on March 20, 2025.
Automotive Axles (AAL) is a joint venture of Kalyani Group and Meritor Inc., USA. The company manufactures drive axles, non-drive axles, front steer axles, specialty & defence axles and drum & disc brakes.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 165.05 |
| Tube Investments | 2875.00 |
| Bosch | 48317.55 |
| UNO Minda | 1248.65 |
| Motherson SumiWiring | 36.82 |
| View more.. | |
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