BEML to invest in Brazil JV
None | , Mumbai
Reuters Sep 18, 2006 08:03 PM IST
State-run BEML says it will invest in a joint venture in Brazil for manufacturing rail wagons.
State-run Bharat Earth Movers Ltd plans to invest Rs 1 billion in a joint venture in Brazil for manufacturing rail wagons, the company said on Monday.
It said the Brazilian company, Compagnie Comercio E Construcoes, would hold 40 percent in the joint venture with the remainder being held by BEML.
Hindustan Times - your fastest source for breaking news! Read now.
Unveiling Elections 2024: The Big Picture', a fresh segment in HT's talk show 'The Interview with Kumkum Chadha', where leaders across the political spectrum discuss the upcoming general elections. Watch now!
Get Current Updates on India News, Election 2024, Arvind Kejriwal News Live, Bihar Board 10th Result 2024 Live along with Latest News and Top Headlines from India and around the world.
Get Current Updates on India News, Election 2024, Arvind Kejriwal News Live, Bihar Board 10th Result 2024 Live along with Latest News and Top Headlines from India and around the world.
Share this article