A key contribute to the development of the manufacturing industry in Saudi Arabia is being explored by a joint venture between Abdul Latif Jameel and Japanese company Kosei Aluminum

New Delhi: Auto component maker Minda Industries today said it has formed a joint venture (JV) with Japan’s Kosei Group to manufacturing moulds for alloy wheels. The proposed name for the JV company is Kosei Minda Mould Pvt Ltd, in which Minda would hold 49.9 per cent equity while Kosei Group would hold the rest 50.1 per cent. The JV…