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Voltas, Turkey's Ardutch to set up US $100 million consumer durable JV

Indiaretailing Bureau - May 24, 2017

Air-conditioner maker Voltas and Turkey's Ardutch have agreed to set up a joint venture company in India with equity capital of US $100 million, marking the former's foray into consumer durables sector. "Voltas Limited, a Tata Enterprise; and Ardutch BV,...

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