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Japan’s Tadano Group forms JV with Escorts for mobile cranes
The JV, which will commence production from Faridabad plant, will introduce rough terrain cranes and truck mounted cranes in IndiaRead more
Japan’s Kosei, Minda Industries form JV to make moulds for alloy wheel
The JV will set up a plant in Bawal (Haryana) for the production of moulds for alloy wheel. The initial investment outlay is Rs 25.50 croresRead more
Adani Logistics and NYK Auto Logistics to form rail logistics JV
The joint venture aims at strengthening finished vehicles transportation service network in India, and will offer its automobile freight trains for transporting vehicles across IndiaRead more
Exide Industries form JV with Leclanche for Li ion battery plant
JV is ideally positioned to be a leading provider to emerging multi GWh storage markets for electric vehicles and grid connected applications in IndiaRead more
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Motherson Sumi forms JV with US-based Ossia
The Indian auto component major, Motherson Sumi Systems Ltd (MSSL) - part of the Samvardhana Motherson Group (SMG) - has formed a joint venture (JV) with the US-based Ossia Inc, innovator of the revolutionary Cota Real Wireless Power technology. MSSL has formed the JV through its subsidiary Samvardhana Motherson Automotive Systems Group BV (SMRP BV).Read more
Force Motors forms JV with Rolls-Royce to make engines
The Pune-based automobile manufacturer Force Motors and Rolls-Royce Power Systems have agreed to form a joint venture - Force MTU Power Systems Pvt Ltd – for producing MTU’s renowned 10 and 12-cylinder Series 1600 units with power outputs from 545 to 1050HP (400 to 800 KWm) in India. Series 1600 engines are particularly suitable for power generation and rail underfloor applications.Read more
RUJ & SRM Mechanics in JV brings first swiss precision and assembly plant in India
India’s ‘Make in India’ initiative and mechanical engineering industry strives to apply cutting-edge technology, produce high-quality products up to international standards, and further participate in the global value chain.Read more
TATA projects Daewoo JV wins Mumbai Trans Harbour Link package 2 for INR 5,612 crore
TATA Projects Limited in a joint venture with Daewoo E&C of South Korea has announced that they have secured an $ 850 million contract (INR 5,612 crores) to design and build a part of India's longest sea-bridge - Mumbai Trans Harbour Link.Read more