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JSW MG Motor India, on 30 November 2023, China's SAIC Motor and the JSW Group formed a strategic joint venture, resulting in the latter gaining a 35% stake in MG Motor India through this partnership. [ 59 ] [ 60 ] In February 2024, the group inked a MoU with the Government of Odisha for a ₹ 40,000 crore (US$4.6 billion) Integrated EV and EV ...
C-Edge Technologies – TCS-SBI joint venture; Tata Elxsi – product design and technology company; Tata Motors – India's largest (and the world's fifth-largest) automobile company, the leader in India's commercial vehicle market with a market share of 45.1% Tata Motors Cars – Produces passenger cars under the Tata Motors Marque.
Gujarat Metro Rail Corporation Limited (GMRC) is a joint venture company between the Government of India and Government of Gujarat. It was established on February 4, 2010, with an initial investment of ₹202 crore (approximately US$25 million). The company is headquartered in Gandhinagar, Gujarat, India.
JSW MG Motor India Pvt Ltd, previously MG Motor India Private Limited until 2024, is an automobile manufacturer in India, which was established in 2019.Since 2023, it is a joint venture between the Mumbai-based Indian multinational conglomerate JSW Group and Shanghai-based Chinese automotive manufacturer SAIC Motor, a Chinese state owned automobile manufacturer which markets vehicles under the ...
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance.. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or ...
It is the largest automobile manufacturer in India, specialising in small cars. The company was established by the Government of India as Maruti Udyog Limited in February 1981 as a joint venture with Suzuki, that became the first Japanese automaker, as well as the first major foreign automaker, to invest in India. [8] [9] [10]
Earlier named the Investment Corporation of India, the company is primarily involved in investing in long-term investments such as equity shares, debt instruments, listed and unlisted, and equity-related securities of companies in a wide range of industries.
A 50:50 joint venture between Steel Authority of India Ltd. (SAIL) and National Thermal Power Corporation Ltd. (NTPC Ltd.). It manages the captive power plants at Rourkela, Durgapur and Bhilai with a combined capacity of 314 MW. It has installed additional capacity by implementation of 500 MW (2 x 250 MW Units) power plant at Bhilai.