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Coromandel International forms JV for manufacture of farm equipment

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Capital Market

Along with Yanmar & Mitsui

Coromandel International has entered into a joint venture alliance with the agri-machinery manufacturer, Yanmar & Co of Japan, for manufacturing and marketing of rice transplanters and combine harvesters. The JV Company will include three partners - Coromandel (40%), Yanmar (40%) and Mitsui (20%).

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First Published: Apr 26 2014 | 6:25 PM IST

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