11:50 PM EDT, 10/06/2026 (MT Newswires) -- Forvia (FRVIA.PA) established a joint venture for automotive seats in India with Indian automotive systems and components manufacturer Anand Group. The French automotive supplier said Tuesday that it will own a 50% stake plus one share in the Faurecia Anand Seating India joint venture, while its partner's flagship listed company, Gabriel India, will hold the remaining interest. Completion of the transaction is expected by the end of 2026, subject to the approval of relevant regulators, among other customary conditions.

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