Getty Images The process of exiting the program began in 2013 with the annual sale of SVIL Group’s stake in Sigma. NEW DELHI: Automotive components manufacturer and supplier The Group has strategically exited its joint ventures Sigma Freudenberg NOK (SFN) and Sigma Vibracoustic India Limited (SVIL). Rs 135 crore. Sigma Group sold its stake after transferring control of the joint venture’s four manufacturing plants in and around Chandigarh to its former partner. A source close to the matter told The Economic Times, “Finance was never the motive for the stake sale. The partners entered into the deal to pursue their personal business interests in the Indian market.” The planned exit process began with the sale of SVIL shares by Sigma Group in 2013. With SFNNN completing the sale of shares last month. Jagdip Singh, chairman of Sigma Group, resigned from the management board of the joint venture along with other leading members. Sigma Vibracoustic India Limited (SVI...