November 18 (SeeNews) - Turkish electrical components maker Gersan Elektrik [BIST:GEREL] said on Monday it has started talks with Indian company Rainbow-Ra Power Gen Pvt Ltd on the establishment of a joint venture in India.
The joint venture will be engaged in the production of busbar transmission systems for the Indian market, Gersan Elektrik said in a filing with Borsa Istanbul.
You can subscribe to our M&A newsletter here