Car manufacturing

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M&As and JVs mark Indian companies’ global footprint

2020-03-05T10:31:57+00:00April 18th, 2018|2017/2018, Country Focus, Global Edition – April 2018, Year|

India’s steel and automotive industries were in the limelight with acquisitions and joint ventures. JSW Steel acquires US-based Acero Junction Indian steelmaker JSW Steel Ltd has agreed to acquire US-based steel mill owner Acero Junction Holdings Inc. for up to $80.85 million (Rs 527 crore) in cash to expand its North America operations. The acquisition will help JSW Steel establish its presence in Ohio, US, and gain deeper access to the North American steel market, the company said in a [...]