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Mahindra to assemble vehicle in Sri Lanka
On March 27, Mahindra Group announced a JV in Sri Lanka named NewCo with Ideal Motor and acquire up to 35% of the share capital of NewCo with the remaining proposed to be held by Ideal or any of its affiliates.
The NewCo will be formed for the purpose of assembly of vehicles in Sri Lanka.
The company investment i....
The NewCo will be formed for the purpose of assembly of vehicles in Sri Lanka.
The company investment i....
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