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Announced

TVS Mobility and Mitsubishi to form a joint venture in a $37m deal.

Synopsis

TVS Mobility, an end-to-end mobility solutions provider, and Mitsubishi, a business conglomerate, agreed to form a joint venture, in a $37m deal. “TVS Mobility, had pioneered the sales, service and distribution of vehicles market through its dealership business in India. This collaboration with MC will enable TVS to providea range of solutions to the entirevehicle mobility ecosystem," R. Dinesh, TVS Mobility Director.

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