TVS Supply Chain Solutions and Japan's Sankyu Sign Strategic MoU; Shares Rise
AI summaryTVS Supply Chain Solutions has signed a strategic memorandum of understanding with Japan's Sankyu Inc. to collaborate on supply chain and engineering services, with Sankyu planning to acquire a 0.5% stake in the Indian firm. The partnership, initially focused on India, aims to combine strengths and expand into other markets. Shares of TVS Supply Chain Solutions rose following the announcement.