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Sona Comstar, India and Jinnaite Machinery put proposed China joint venture on hold
On October 27, 2025, Sona BLW Precision Forgings Ltd. (Sona Comstar) announced that the company and Jinnaite Machinery Co. Ltd. (JNT) of China have mutually agreed to put their proposed joint venture (JV) in abeyance. The two parties had previously been in discussions following the execution of a binding term sheet i....
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