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Continental And Nisshinbo inaugurate new JV plant to increase localization of Electronic Brake Systems

In line with the strategy of ‘in the Market, for the Market’, technology company Continental has today announced the inauguration of a new plant in Gurugram, together with its joint venture partner Nisshinbo Holdings.  The JV was announced early last year, with Continental holding a share of 40 percent and Nisshinbo 60 percent. The new JV plant will produce valve blocks for Continental’s Electronic Brake Systems (EBS) in India. To date, Continental has prod...