Samvardhana Motherson shares up 2% on JV with Hellmann Worldwide Logistics
Samvardhana Motherson International Ltd (SMIL), one of India’s largest auto component manufacturers, witnessed a 2% rise in its share price today after announcing a strategic joint venture with Germany-based Hellmann Worldwide Logistics. The collaboration aims to strengthen supply chain solutions, logistics efficiency, and global reach for the automotive industry, positioning Motherson as a key player…