Mahindra inaugurates ​​Auto Steel Service Centre at Chakan, Pune

#hashtags: #Mahindra Auto Steel #Mahindra Intertrade #USD 16 #Mahindra Group #Chakan #Pune #Maharashtra #Taiwan #Mitsui #Asia Pacific #Pte #Singapore

Mahindra Auto Steel, a subsidiary of Mahindra Intertrade, part of the USD 16.9 billion Mahindra Group, today announced the opening of its automotive steel processing facility in the auto belt of Chakan, near Pune, Maharashtra. This state-of-the-art facility is a joint venture with China Steel Global Trading Corporation, Taiwan and Mitsui & Co. (Asia Pacific) Pte. Ltd., Singapore. While Mahindra Intertrade holds 51% in the JV, the other partners hold 24.5% each.

The facility has been set up at a cost of Rs...