Sep. 23, 2024
Carlyle Group Reportedly Plans to Acquire Auto Parts Manufacturers in India
Asianfin--The private equity firm Carlyle Group is setting up a $400 million platform in India aimed at acquiring and merging automotive parts manufacturers, according to two sources. Carlyle is expected to complete the acquisition of at least two parts manufacturers by the end of the current fiscal year, with plans to acquire two more over the next 12-18 months. The firm will focus primarily on electric vehicle companies and export-oriented businesses.
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