Jindal SAW plans joint venture with Hunter Energy Services for precision machine shop

Jindal SAW plans to set up a precision machine shop in a joint venture with US-based Hunter Energy Services, with Jindal SAW holding a 51% stake and Hunter Energy Services holding 49%. The venture will thread premium connections for oil country tubular goods.

“The company is proposing to enter into a JV agreement with Hunter Energy Services Pte Ltd (Hunting) to incorporate a JV company to set up a world-class state-of-the-art precision machine shop to thread premium connections in India for products i.e; oil country tubular goods and accessories for marke”timesofindia.indiatimes.com

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• timesofindia.indiatimes.comJindal SAW plans to set up precision machine shop in JV with Hunter - Times of IndiaPTIOct 29, 2021

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