German water management co signs JV with ATE grp
(WorldNews Business)

Chennai: German water management company Huber Se signs JV with ATE Group. The German major has a minority stake of 30% in the new company. According to the agreement, the joint company will manufacture Huber Se products in India, through their plants in Vasai, Maharashtra, and cater to the markets in India and Bangladesh. Speaking of the collaboration, Anuj Bhagwati, head, ATE Group said, ` As India builds its infrastructure and industry, we need new approaches...