Joint Venture19 Mar 2026, 06:02 pm
Samvardhana Motherson International Limited Approves Joint Venture with Hellmann Worldwide Logistics
AI Summary
Samvardhana Motherson International Limited has approved a joint venture agreement with Hellmann Worldwide Logistics (MESA) Holding Limited, aiming to bring greater resilience, efficiency, and stability to supply chains by providing integrated third-party and fourth-party logistics services globally (excluding Japan). The joint venture will be operational through a new joint venture company in Dubai, UAE.
Key Highlights
- Strategic partnership between Samvardhana Motherson International Limited and Hellmann Worldwide Logistics
- Incorporation of a new joint venture company in Dubai, UAE
- Global provision of integrated third-party and fourth-party logistics services (excluding Japan)
- Collaboration aims to enhance supply chain resilience, efficiency, and stability
- Joint Venture to support automotive industry customers with essential logistics requirements