Embassy Industrial Parks, a joint venture between Embassy Group, Indias leading property developer and Warburg Pincus, a leading global private equity player, announced that it has signed Mahindra Logistics
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Mahindra’s steel service centre to come up at Pune
To set up an automotive steel service centre in at Chakan near Pune, Mahindra Inter-trade is to get into a new joint venture with China Steel Global Trading Corporation, Taiwan and Mitsui & Co (Asia Pacific) Pte Ltd Singapore.
The facility is be set up at a cost of Rs 150 crore ($24 million) over 10 acres of land and will have an annual processing capacity of 130,000 tonne.