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Nalco and Mishra Dhatu Nigam (Midhani) signed a pact to form a joint venture company to set up a plant for manufacturing high-end aluminium alloy plates and sheets. Each will initially hold 50% equity.
“Nalco has inked a pact with Mishra Dhatu Nigam (Midhani) to incorporate a Joint Venture company (JVC) to set up high-end aluminium alloy plant for manufacturing of plates, sheets.”aluminiumtoday.com
Summarized from public sources; check the original articles before acting on it.