JV/AcquisitionAcquisition
Divgi TorqTransfer Systems is expanding its global footprint by establishing a 100% Wholly-Owned Subsidiary in the USA.
Divgi Torqtransfer Systems LimitedDIVGIITTS · Filed with the exchange
The company plans an initial investment of up to Rs 3.00 Cr to fund setup and operational costs.
This strategic move aims to drive advanced business development, sales, marketing, and distribution for its automotive products directly in the American market.
It will also strengthen the subsidiary's capital base, signaling a direct push for market penetration and growth in a key international region.
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