Kirloskar Brothers forms wholly-owned subsidiary in Thailand

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New Delhi, Oct 18 (UNI) Kirloskar Brothers Ltd today said it has formed a wholly-owned subsidiary ''Kirloskar Brothers (Thailand) Ltd in Thailand.

The company had got the necessary approval from the Board of Investment (the Thailand Government Authority) last month, it said in a statement.

The authorised capital of KBTL is 10 million baht (about Rs 1.42 crore).

This company will mainly focus on Asia-Pacific Markets and in addition, will control the operations of Lao, Cambodia, Singapore and Indonesia office.


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