Tag: Sandvik Asia

Possible Sandvik and Eimco quarrel

Pune-based Sandvik Asia, a publicly-listed company in India in which Sweden-based Sandvik has a 91% stake and its partner Gujarat-based Eimco Elecon may possibily begin quarreling over the contentious Press Note 1 guidelines on foreign direct investment.

Sandvik bags contracts

Swedish Sandvik Group’s subsidiary Sandvik Asia has bagged contracts worth INR 143 crore from NMDC Ltd and Mormugao Port Trust.