# Perm Krai and Indian company sign memorandum for joint venture on machine tools

A delegation from Perm Krai, Russia, led by Governor Dmitry Makhonin, signed a memorandum of understanding with an Indian machine tool company to explore opening a joint venture for high-tech CNC machine tools in the region.

- Type: Partnership
- Announced: 2023-03-14
- Where: Perm Krai, Russia
- Status: announced
- Products: CNC machine tools, lathes, milling machines, grinding machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Perm Krai Government](https://endata.com/companies/69099.md) (partner)

## Sources

- [kommersant.ru](https://www.kommersant.ru/doc/5874322), 2023-03-14: "обсуждалась возможность открытия в крае совместного предприятия по выпуску высокотехнологичных станков"

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