Eicher Motors Acquires BMC Dewas? Gear Unit

January 15, 2006—

Eicher Engineering Components, the automotive component division of Eicher Motors Ltd. acquired the Dewas, India-based (Madhya Pradesh) transmission gear unit of the British Motor Car Co. Ltd. (BMC)

Siddhartha Lal, managing director and CEO of Eicher Motors,says "Our engineering components business has a portfolio of products ranging from differential and transmission gears to gear boxes."

Eicher Motors Ltd. entered into a business purchase agreement with BMC on October 20, 2006, and formally completed the transaction Nov. 1.