Latest Joint Venture News & Updates

New Delhi/Seoul, April 21 (IANS) HD Hyundai, South Korea’s leading shipbuilding conglomerate, said on Tuesday it has forged a partnership with Indian government-backed entities to establish a joint shipyard in India.HD Hyundai said it signed a memorandum of understanding (MOU) with NSHIP TN and Sagarmala Finance Corporation Ltd. (SMFCL) of India in New Delhi on Monday (local time) to cooperate in building a joint venture shipbuilding company, reports Yonhap News Agency.NSHIP TN (National Shipbui…

New Delhi, Feb 3 (IANS) Bengaluru-based precision-engineered components manufacturer Sansera Engineering Limited could strengthen its position in the automotive value chain and create additional revenue streams through its joint venture with Japan’s Nichidai Corporation, a report has said.The report from Machine Maker said the strategic joint venture will help Sansera diversify its portfolio beyond internal combustion engine components, access new customer segments and overseas markets.Sansera E…