Mexican Media Brands
Adient Forms Fabric JV in India
Plymouth, Mich.-based interiors giant Adient plc is teaming with Arvind Ltd. on a joint venture in India to develop and produce fabric for automotive seats.
#interior
Share
Plymouth, Mich.-based interiors giant Adient plc is teaming with Arvind Ltd. on a joint venture in India to develop and produce fabric for automotive seats.
The new company, Adient Arvind Automotive Fabrics, will be based in Arvind’s headquarter city of Ahmedabad, India. Adient will hold a 50.5% stake in the venture, with the remainder going to Arvind.
Founded in 1931, Arvind is a $1.5 billion company that produces everything from yarn and denim to high-end fabrics and advanced materials. The company ships about 300 million meters of fabrics and 30 million pieces of apparel per year.
RELATED CONTENT
-
Lincoln Corsair Takes Flight
“We wanted to create a dramatic, youthful Lincoln with terrific harmony.” And with the Corsair, they’ve accomplished what they set out to do.
-
Ford Copies Nature
As Nature (yes, capital N Nature) has done a pretty good job of designing things, it is somewhat surprising that Man (ditto) doesn’t follow Nature’s lead more often when it comes to designing objects.
-
2019 Mazda3 Sedan Premium FWD
As Mazda pivots to “premium,” it is doing more than just talking about it, as the new Mazda3 proves.