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Japan’s Musashi Seimitsu Industries announces E-mobility foray in India; Phase-1 investment for EV venture will be 70 Cr

Musashi India, a 100% owned subsidiary of Musashi Seimitsu Industries, Japan and a leading manufacturer of two-wheeler and four-wheeler transmission components in India, has announced its foray in the E-mobility space in the Indian market. Musashi will use its strong platform of design & engineering capability to manufacture its new EV unit comprising of motor, PCU, and Gear Box. Focused on building high performance and safe auto components, Musashi will manufacture the E-Axle at its B...