Tata Metaliks enters into JV Agreement with Kubota Corporation, Japan

Tata Metaliks Ltd has announced that the Company has decided to enter into a Joint Venture (JV) Agreement with M/s. Kubota Corporation, Japan, for manufacturing Ductile Iron (DI) Pipes in the country. Kubota Corporation is the world leader in the manufacturing of DI Pipe. The Company will be the Holding Company of Kubota Corporations and others in the said Joint Venture. The Board of the Company at its meeting held on March 29, 2007 has approved the proposal for the Joint Venture Company.

Source : Equity Bulls

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