he agreed that the company is keen on leveraging the opportunity that fast growing scooter segment is offeringthe company is going to manufacture cvt for scooters and they will be signing a the joint venture agreement very soon a person privy to the matter informed etauto the source further added that rico auto will hold 51 percent stake while z h will command 49 percent stake in the new joint venture the joint venture may be announced by next month by nabeel a khan etauto published on aug 5 2018 at 0759 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app rico auto maruti suzuki hero motocorp automatic gear clutch investment capacity expansion homenewsauto componentsrico auto to sign new jv to make cvt bags rs 1200 cr order from ev makers