India govt OKs Volvo investment in Eicher JV
NEW DELHI, July 24 (Reuters) - India's cabinet on Thursday approved Swedish truck maker Volvo's (VOLVb.ST) investment of $275 million in a joint venture with commercial vehicle maker Eicher Motors Ltd (EICH.BO).
Volvo will own 45.6 percent of the joint venture company, a government statement said. (Reporting by Rakesh Sharma, Editing by Mark Williams)










