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Mahindra enters into Joint Venture with Ideal Motors for vehicle assembly in Sri Lanka
- Mahindra to take 35% stake in the JV - Partnership to create a win-win for both companies in the automotive space. April 3, 2018, Colombo: Mahindra & Mahindra Ltd., a part of the USD 19 billion Mahindra Group based in India, entered into a joint venture last week with Ideal Motors Ltd., a fully owned subsidiary of the Ideal Group, to assembly automotive vehicles in Sri Lanka.
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