Kranti Industries and Kores JV formed joint venture in Gujarat
Kranti Industries Limited, a BSE-listed company, and the Kores Group formed a strategic joint venture, KRAKO Precision Private Limited, in Halol, Gujarat. The Kores Group holds a 65% equity stake, while Kranti Industries Limited holds 35%. This new entity will focus on the machining of critical casting components for automotive and general engineering applications.