Anand Group of India and South Korea’s HL Group form JV to increase aftermarket portfolio in India and globally

Both companies have formed a partnership with the intention of expanding their presence in India

Indian automotive components manufacturer Anand Group has announced the formation of a joint venture with South Korea’s HL Group, with the aim of doubling the former’s aftermarket business in the domestic market while at the same time also expanding the latter’s presence in the country, according to a press release dated September 13.