SAIC loses control of Indian joint venture?The latest response has arrived.
Hawk_Finance
2024-03-27 17:32:19
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India's largest steel producer Jindal Southwest (Jindal Southwest) has announced that it has established a joint venture with China's largest automaker SAIC Motor India JSW MG Motor India。At the same time, rumors spread that SAIC may lose control of the brand and technology of the Indian joint venture.。In this regard, SAIC deputy general manager Zhao Aimin responded that the use of "control was robbed" to describe the incident is entirely to attract attention, this statement is not true。"Control is in our own hands and we will not let it go, it is clear.。"
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