Mahindra arm, Sumitomo Corp to set up industrial park in Chennai
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Mahindra arm, Sumitomo Corp to set up industrial park in Chennai

01 Jul 2015 1 Min Read Editorial Team
Mahindra World City will set up an industrial park near Chennai along with Sumitomo Corporation at an investment of about Rs 375 crore. The JV venture will be called Mahindra Industrial Park Chennai Ltd. Mahindra World City Developers will hold 60 per cent in the company while 40 per cent will be held by Sumitomo Corporation. The park will be spread across 300 acre in North Chennai.

Mahindra World City will set up an industrial park near Chennai along with Sumitomo Corporation at an investment of about Rs 375 crore. The JV venture will be called Mahindra Industrial Park Chennai Ltd. Mahindra World City Developers will hold 60 per cent in the company while 40 per cent will be held by Sumitomo Corporation. The park will be spread across 300 acre in North Chennai.

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