# 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.

- Type: Partnership
- Announced: 2021-10-29
- Where: India, India
- Status: announced
- Products: oil country tubular goods, premium connections
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Jindal SAW](https://endata.com/companies/58839.md) (partner)
- [Hunter Energy Services](https://endata.com/companies/58840.md) (partner)

## Sources

- [timesofindia.indiatimes.com](https://timesofindia.indiatimes.com/jindal-saw-plans-to-set-up-precision-machine-shop-in-jv-with-hunter/articleshow/87369900.cms), 2021-10-29: "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"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.