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Real Estate Forum on Pricol Denso Jv Alliance Kochi

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Q: I heard a rumour that Pricol has exited from Denso JV, and i wanted to ask around if this is true? Please help me!
Latest Answer: The JV envisaged total buyout of Pricol by Denso in five years and involved transfer by Pricol, of its 'Denso Technology Instrument Cluster Undertaking' relating to four-wheeler personal passenger vehicles, situated at Coimbatore and Gurgaon to Pricol Components, a wholly-owned subsidiary of Pricol. Denso acquired 51% stake in Pricol Components after the transfer.
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