DAIMLER AG - HERO IN $ 1BN JV
Daimler AG, the world’s largest truck maker and Hero Group of the esrtwhile Hero Honda, the largest 2 -Wheeler maker in India have entered into a 4400 Crore Rupees JV (Joint Venture) to build commercial vehicles in India. The JV as of now is for a duration of 5 years, starting 2010.
The company plans to enter [...]
