ERJ staff report (DS)
Mumbai, India -- Indian papers are reporting un-named sources within Indian engineering conglomerate as saying the comapny will collaborate with Mitsubishi Heavy Industries to make equipment for heavy tyres.
A senior source within L&T said he knew nothing of the reports. MHI did not respond to requests for clarification.
The reports suggested that L&T had initiated talks to make MHI equipment underlicence in India.
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L&T plans JV with Japan's MHI to produce industrial tyres Economic Times (India)