AC Delco, Assurance International partner to market lubricants, batteries in India
New Delhi [India], March 9 (ANI): Aftermarket brand of GM Motors, AC Delco, on Monday entered into a licensing agreement with Assurance International to market products such as lubricants and batteries in India.
AC Delco is an umbrella brand of General Motors.
"It is a licensing agreement between AC Delco and Assurance International Limited only for aftermarket products including one, we start with batteries and lubricants. These are the only two products in which we have started off," Pratik Sharma, Business Head, General Motors India, told ANI.
"...now it's time to fly because we already made a background behind it. Already, plants are there in operations. So, lubricants and batteries, we are up, and we are ready to like go in the market now in full way," Sharma said.
Asked whether this partnership was an indication of General Motors re-entry into India, he refrained to comment. In 2017, General Motors (GM) reportedly exited the Indian passenger vehicle market.
Nilesh Garg, Chief Business and Growth Officer, Assurance International, said the agreement stands only for India now, but over a period of time, they would be looking towards neighbouring countries also.
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