Notice to Nissan-Ashok Leyland JV for export failure
The Directorate of Customs and Intelligence is claimed to have issued a notice to the Nissan Ashok Leyland joint venture for export failure. If the industry sources are to be believed, the joint venture may have to pay Rs. 200 crore for non-fulfillment of export obligations. Claimed sources, that there is also the possibility of the joint venture’s factory equipment[Read More…]