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Mumbai (Maharashtra) [India], December 11: Brakes India Private Limited and TBK Co., Ltd. recently signed a capital and business alliance agreement. With this, Brakes India, a TSF Group Company, acquires a 10% shareholding in TBK through a primary capital infusion. The investment marks an important development for both organisations. This paves the way to leverage the strength of both companies for commercial vehicle braking and create enhanced value for customers and stakeholders.
TBK, a leading global auto component manufacturer in the…
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