Mahindra Intertrade

M&M subsidiary to launch automotive steel JV in India

Mahindra INTERTRADEMahindra Intertrade Ltd, a wholly-owned subsidiary of utility vehicle maker Mahindra & Mahindra (M&M), has announced its decision to launch an automotive steel joint venture (JV) in India.

The planned venture will be started in partnership with the Taiwan-based China Steel Global Trading Corp and Singapore-based Mitsui & Co (Asia Pacific) Pte Ltd at Chakan, near Pune.

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