Date: 2013-08-01

Yash Birla to Revive Auto Parts Division

Yash Birla to Revive Auto Parts Division

The Rs 2,500 crore Yash Birla Group has decided to revive its auto components division, which will include fresh investments and bringing its four operational units under one holding company.

The four auto component companies Birla Perucchini, Birla Kennametal, Dagger Forst and Indian Tools Manufacturers will operate under a common company.

The name of the new entity will be announced within a few weeks. Sources suggest that the new company may be called Birla Auto and Engineering.

The group would also look at listing this new entity on the stock market. Each of the four companies will also be renamed.

Company executives refused to comment on the issue.

Previous: U.S. Auto Parts Network, Inc. Appoints Barry Phelps to Board of Directors
Next: UK CNC Lathe Factory Restructured

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
LR5208NPPU bearing	40	85	30.2
LR5208KDD bearing	40	85	30.2

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.