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Oct 22, 2019 · International Tractors Ltd (ITL) on Monday announced a joint venture with Shandong Luyu Heavy Industry Co. With the JV, the flagship firm of the Sonalika Group eyes entry to the Chinese market.
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Oct 22, 2019 · International Tractors Ltd. (ITL) anounced Monday that it has entered into a joint venture (JV) with Shandong Luyu Heavy Industry Company Ltd. that will invest $10 million to set up an assembly plant in China for tractors and engines with a manufacturing capacity of 50,000 units. In a prepared statement, the Indian company said the JV agreement was signed by …
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