Kranti Industries has executed a Memorandum of Understanding (MOU) with KORES GROUP to incorporate a new company in a form of Joint Venture (JV) in Halol, Gujarat. The Company will hold 35% in the proposed joint venture company.
The proposed JV company will be carrying on the business of Machining of Critical Casting Components.
Kranti Industries is engaged in the business of manufacturing and supplying of precision machined components. With an operating history of more than two decades, it is primarily known for range of automotive component and non-automotive (off highway) components.