Multi-Code Electronics sets up JV, eyes Indian auto market

By SB Toh

KUALA LUMPUR: Multi-Code Electronics Industries Bhd is setting up a joint venture company with Indian national, Ishwar Singh of Haryana Industries, to manufacture and supply automotive parts for the Indian market.

The Haryana group, founded in 1985, is a leading OEM supplier to passenger and commercial vehicle manufacturers in India and has a turnover of approximately US$80mil (RM256mil) for the financial year 2012-2013.

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Multi-Code Electronics Industries , joint venture , Ishwar Singh , Haryana Industries , automotive parts , Indian market

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