Thursday, November 30, 2023

JSW, China's SAIC form new India venture for green mobility

SAIC already has a presence in India through its fully owned unit MG Motor India but has struggled to grow its presence in the country after Chinese investments faced increased scrutiny from New Delhi. JSW will take a 35% stake in the new Indian joint venture, the companies said.

from Auto-Industry-Economic Times https://ift.tt/SpqM6BK
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