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Samvardhana Motherson, Saudi Arabia ink MoU for industrial development

Thursday, 25 Aug 2022
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The Samvardhana Motherson International (SAMIL) has inked a memorandum of understanding (MoU) with the Ministry of Investment, Kingdom of Saudi Arabia (MISA). 
 
The partnership targets to identify investment development opportunities for industrial and service activities in the Kingdom of Saudi Arabia (KSA). 
 
The MoU will encourage joint cooperation in the development of the automotive parts industry in Kingdom of Saudi Arabia. 
 
Under the scope of the MoU, MISA will provide necessary support to Motherson to identify potential areas of investments in the KSA.
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