NV Bekaert SA increases stake in JV with Mukand
Mukand Bekaert Wire Industries Pvt. Ltd. was formed as a 50:50 Joint Venture of Mukand Ltd. and NV Bekaert SA, Belgium in September, 2007 to manufacture stainless steel wires for the domestic and international markets. MuKand continues to hold the original equity stake, however, owing to the JV company’s requirement for additional capital for its......