Companies / India
MAN Uses The Force
May 2006 | FDI AlertGerman heavy vehicle manufacturer MAN Group has finalised its joint venture with India's Force Motors, which will operate through a plant in Madhya Pradesh. Force will hold the majority 70% equity interest, while MAN will take the remainder. Following an agreement to produce high tonnage trucks in November 2005, the two partners announced in March that the agreement would be extended to cover
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