Joint Venture7 Feb 2025, 01:07 pm
Motherson and Sanko Japan Form Joint Venture for Sustainable Packaging Solutions in India and Europe
AI Summary
Samvardhana Motherson International Limited (SAMIL) and Sanko Co. Ltd., Japan have formed a joint venture to provide sustainable packaging solutions in India and Europe. The joint venture will contribute to greater efficiencies in material handling with cost reduction in overall logistics spending. This collaboration is another step in line with Motherson’s vision of becoming a globally preferred sustainable solutions provider.
Key Highlights
- Motherson and Sanko Japan have formed a joint venture to provide sustainable packaging solutions in India and Europe.
- Sanko is Japan’s No.1 manufacturer of plastic material handling products and a leading company in sustainable packaging solution business.
- The joint venture will contribute to greater efficiencies in material handling with cost reduction in overall logistics spending.
- Sanko has strong engineering capabilities and an in-house technical centre to develop products that are structurally and technically engineered for durability, reusability and full recyclability.
- This partnership integrates well with Motherson’s efforts towards decarbonisation.