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India Pistons to partner with Shaw Development
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JV to make diesel exhaust fluid range
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JV to make diesel exhaust fluid range
India Pistons Ltd., (IPL) a subsidiary of the $2-billion Amalgamations Group, has entered into a pact with Florida-based Shaw Development LLC to manufacture diesel exhaust fluid (DEF) solutions in Tamil Nadu at an investment of ₹50 crore.
“The new joint venture IPL-Shaw Solutions will manufacture two lakh units of DEF solutions and the capacity will be expandable depending on the demand. Operations will commence by March 2021,” said R. Mahadevan, director, IPL.
Under the joint venture, the companies will manufacture DEF for heavy duty vehicles (commercial vehicles and off-road) and diesel engine manufacturers in compliance with BS-VI and equivalent exhaust emission norms.