Suzuki to buy out Indian partner in 2-wheeler JV

Japanese auto major Suzuki Motor (SMC) is set to buy out the stake of its Indian partner in two-wheeler venture Suzuki Motorcycle India (SMIPL), which could happen this fiscal. The Japanese firm is looking to make the Indian subsidiary a wholly-owned venture, a process that started with it holding a 74% stake and the remaining 26% by the family of company MD Satya Sheel. More
Courtesy: economictimes.indiatimes.com

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