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Posted: Tue 17:49, 12 Nov 2013 Post subject: " said Paul Chawla |
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Johnson Controls buys all of Tata Johnson Controls
PLYMOUTH, Mich., May 28 () -- Johnson Controls in Michigan said it had increased its ownership of Indian auto parts supplier Tata Johnson Controls from 50 percent to 100 percent.The companies said in a statement they had agreed not to disclose the purchase price."India is an emerging market and part of Johnson Controls' global strategy for sustainable growth," said Paul Chawla, president and chief executive officer, Johnson Controls Automotive Experience India. "We are strongly committed to continuing to invest in our Indian business. We enjoyed our partnership with Tata AutoComp, and thank them for their support in making Tata Johnson Controls a leading seating systems company in India," he said.Johnson Controls said it had plans for "its prototype and testing capability for the India region." As part of that effort, it will continue to develop an engineering base at the Technical Center in Pimpri, India,[url=http://www.parajumpersjackenoutlet.de/]parajumpers online shop[/url], the statement said.
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