COIMBATORE (India): Sakthi Automotive Group, a division of Sakthi Sugars Ltd, has acquired Arvika Gjuteri AB, an iron foundry in Sweden. A release from the company said Arvika was focusing on the production of medium to large castings for the heavy duty truck and off-road vehicles. For the year ended December 31, 2007, Arvika achieved sales to the tune of 43 million Euro. Sakthi Automotive Group had three…