CCI clears Allison Transmission’s Rs 16k-cr acquisition of Dana’s off-highway unit
The Competition Commission of India (CCI) has cleared the acquisition of Dana Incorporated’s off-highway business (Dana OH) by Allison Transmission Holdings, Inc.
The proposed deal involves Allison, a global player in vehicle propulsion systems, transmissions and electrified powertrains, taking over Dana’s off-highway division. While Allison’s core expertise lies in propulsion solutions for commercial on-highway vehicles, a small part of its product line is used in off-highway applications such as construction, mining, agriculture, and forestry. Headquartered in Indianapolis, USA, Allison operates across more than 150 countries and has a wholly owned subsidiary in India—Allison Transmission India Private Limited.
Dana OH, on the other hand, is a global manufacturer of drivetrain, transmissions and propulsion systems catering to multiple industries. It operates in over 25 countries and has three subsidiaries in India—Graziano Trasmissioni India, Dana India, and Dana India Technical Centre—covered under the transaction.
According to CCI, the approval paves the way for enhanced competition and technology infusion in India’s construction, mining and off-highway equipment sectors. The detailed order from the Commission will be issued separately.
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