Honda announces divestment by UIL
Honda Siel Cars India (HSCI) announced that the two partners of the Joint Venture - Honda Motor Co., Ltd. Japan and Usha International Ltd (UIL) have signed an agreement on complete divestment by UIL from HSCI. The decision comes at a time where Honda is charting a new strategy to get back its sales momentum in the India market. The two partners have been discussing the most appropriate business framework f ...
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