Minda Corporation to shut down loss making Furukawa JV plant
In its quarterly investor conference call, Minda Corporation limited informed that it is planning to close a loss-making Chennai plant of Minda Furukhawa to bring down the overall raw material cost for the FY 2017-18.
This exit will happen by first quarter 2017 between April to June 2017.
Minda Furukawa Electric Pvt....
This exit will happen by first quarter 2017 between April to June 2017.
Minda Furukawa Electric Pvt....
This news is for paid members only.
If you register as a free member, you can read the rest of this article for a limited time.
In addition, you can also enjoy the following content for free:
- Market & Tech Reports
- Global automotive production/sales
- Launch schedule forecasts
- Latest news on the automotive industry
- Market share and supply information of 300 automotive parts (Who Supplies Whom)