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BAE Systems, M&M to form Rs 100-cr JV

机译:BAE Systems,M&M成立Rs 100-cr合资企业

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摘要

India's Mahindra & Mahindra and the UK-based BAE Systems will together invest $21.25 million (close to Rs 100 crore) over a three-year period in a joint venture to make defence vehicles. Both the companies formally signed an agreement to form the land systems-focused joint venture.The 74:26 joint venture received Foreign Investment Promotion Board (FIPB) approval earlier this year.
机译:印度的Mahindra&Mahindra和英国的BAE Systems将在三年内共同投资2125万美元(接近10亿卢比)成立一家合资企业,生产国防车辆。两家公司已正式签署协议,成立了以土地系统为重点的合资企业。74:26合资企业已于今年初获得外国投资促进局(FIPB)的批准。

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