Federal-Mogul Powertrain and ANAND Group India announce the formation of joint ventures

March 10, 2015

March 10, 2015

ANAND India and Federal-Mogul Powertrain, a division of Federal-Mogul Holdings Corporation, have announced that they have entered into an agreement to convert the Sealing and Piston Ring businesses of ANAND into joint venture operations. The new joint ventures will be known as Federal-Mogul Anand Sealings India Limited and Anand I-Power Limited.

In 1978, the companies began the joint operation of an engine bearings manufacturing facility in Parwanoo, Himachal Pradesh, India known since 2008 as Federal-Mogul Bearings India Limited.

It was stated that combining Federal Mogul’s technology, research and development capabilities, global customer relationships and advanced manufacturing operations, with ANAND’s access to local customers and suppliers, and expertise in human resource management and development, will ensure a bright future for the joint ventures.

“We have had a long-standing strategic partnership with ANAND India for several decades. The symbiotic relationship has helped to establish us as a leading supplier of bearings in India. This expansion into sealing products will further our position as a leading supplier of engine components in India, which is a key and growing market for us,” stated Andreas Kolf, Vice President and Managing Director for Federal-Mogul Powertrain, India.

Identical to the already existing Bearing joint venture, Federal-Mogul Powertrain will hold a 51% stake of the new sealing joint venture; ANAND, along with smaller shareholders, will own 49% of the operation. This sealing joint venture will be known as Federal-Mogul ANAND Sealings India Limited. ANAND will hold more than a majority stake in the piston ring joint venture, ANAND I-Power Limited.



Powder Metallurgy Review magazine:

Your email address:

Useful links: Download PM Review magazine | News headlines | Browse articles 


March 10, 2015

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • From powder modification to rejuvenation: Fluidised Bed Reactors in metal powder production and Additive Manufacturing
  • Retech: Enabling the atomisation of reactive and refractory alloys at substantially higher levels of productivity and lower cost
  • Sustainability in Powder Metallurgy: Highlights from the 41st Hagen Symposium
  • Innovations from Japan’s Powder Metallurgy industry: award winners highlight novel automotive and healthcare applications

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.


Browse the archive


Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
View online
Share via
Copy link