CCI approves proposed combination for forming Honda Motor, Hitachi joint venture
The proposed combination pertains to Keihin Corporation(“KC”), Nissin Kogyo Co., Ltd.(“NKCL”), Showa Corporation (“SC”) and Hitachi Automotive Systems, Ltd.(“HIAMS”) forming a Joint Venture between Honda Motor Co. Limited (“HAMCL”) and Hitachi Limited(“HL”).
The Competition Commission of India (CCI) has approved the proposed combination filed jointly by Keihin Corporation, Nissin Kogyo Co., Ltd., Showa Corporation and Hitachi Automotive Systems, Ltd. Photo: PTI