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FORVIA SE (FRVIA) Sets Up Controlled India Seating JV With ANAND
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FORVIA will form Faurecia Anand Seating India Pvt. Ltd., a controlled JV with ANAND Group focused on seat frames and complete seats, targeting ~10% India seating share in five years; closing expected by end-2026, subject to approvals. Material Details #DetailAI Analyst View1Controlled JV with ANAND in IndiaExpands local manufacturing/market access in a fast-growing auto market.2FORVIA stake: 50% + 1 shareGives FORVIA control over strategy and operations.3Focus: seat…