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Panasonic, Minda Industries to set up JV for lead-acid storage batteries
Panasonic Corporation and Minda Industries Ltd. (Uno Minda) announced that they will establish a joint venture to develop, manufacture, and sell lead-acid storage batteries for motorcycles and automobiles in New Delhi, India in November 2014. The new company will be capitalized at INR 1.6 billion (approximately USD 2....
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