Bosch, Brakes India and Wheels India Form JV For Commercial Vehicle Air Systems
Mumbai, May 21 -- German technology company Bosch has announced a new joint venture with Brakes India (BIPL) and Wheels India (WIL), both companies of the TSF Group, to advance the development and manufacturing of air systems for commercial vehicles.
The partnership is structured as a 50:50 joint venture between Bosch and the TSF Group companies and is expected to begin operations by end-2026, pending regulatory approvals.
The joint venture will concentrate on the engineering, manufacturing and sales of electronically controlled and software-driven modules. The product portfolio will include systems for - air compression, air processing, air suspension and air parking brakes.
The entity will be headquartered in Chennai, with supply cha...
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