Wheels India in pact with Japan's Topy Industries

Chennai : Wheels India Ltd, the steel wheel manufacturing arm of TVS group, has entered into a technical arrangement with Japanese steel wheel manufacturer Topy Industries to design and develop steel passenger car wheels for global customers.

Announcing the second-quarter financial results, Srivats Ram, managing director, Wheels India Ltd, said, "In the second quarter, we have entered into a technical agreement with Japanese firm Topy Industries. This comes as an opportunity for us to engage in early development stage of steel passenger car wheels."