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Samvardhana Motherson Global Carriers Limited and SMRC Automotive Holdings Netherlands B.V. approved joint venture agreements with Sanko Co. Ltd. to provide sustainable material handling solutions in India and Europe. JV-A will be incorporated in India with SMGCL holding 51% and Sanko 49%; JV-B will be incorporated in Hungary with SAHN BV holding 51% and Sanko 49%.
“The strategic partnership is being established to focus on providing sustainable material handling solutions for various industries in India and Europe.”marketscreener.com
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