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The Hindu·2 min read·medium

TVS SCS forms JV with Italy’s ALA Group, eyes ₹2,000 crore in revenue by 2031

TVS SCS forms JV with Italy’s ALA Group, eyes ₹2,000 crore in revenue by 2031
AI Summary

TVS Supply Chain Solutions has formed a joint venture with Italy's ALA Group to target the aerospace and defense sectors in India. The partnership aims to reach ₹2,000 crore in revenue by 2031 by leveraging combined supply chain expertise.

Why it matters

This venture reflects the growing strategic importance of India as a hub for global aerospace and defense manufacturing and logistics.

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TVS Supply Chain Solutions Ltd (TVS SCS), one of India’s largest and fastest-growing integrated supply chain companies, today announced the formation of a joint venture with ALA Group, an Italy-based aerospace and defence supply-chain integrator, to address opportunities in India’s fast growing aerospace and defence sectors.

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The article reports on a business partnership using standard corporate press release information.

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