- Published at
- by economictimes.indiatimes.com
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Foreign companies see a winning formula in local JVs
Last year, Tata Electronics partnered with Taiwan Semiconductor Manufacturing Co (TSMC), Reliance Industries announced collaborations with Disney and BlackRock through Jio Financial Services, and Reliance Retail Ventures tied up with Mothercare. ther significant partnerships include BMW Group with Tata Technologies, Dr Reddy's with Nestle, Dixon Technologies with Vivo, Central Bank with Generali for an insurance JV, JRG Automotive with Japan-based Takagi Seiko Corporation, Swan Energy with Singapore-based AG&P Terminal & Logistics, and JSW Energy with LG Energy Solutions.