SoftBank, GCL tie up for $930 mn India JV for solar equipment

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Japan's SoftBank Group and Chinese firm GCL Group Ltd have inked a pact to set up a joint venture in India with an investment of USD 930 million to produce and sell solar energy equipment.
The MoU was inked by GCL Group Holdings Ltd and Softbank Investment Advisors (UK) Ltd, an arm Softbank Group on March 29, the GCL Group said in regulatory filing in China.'
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First Published: Apr 02 2018 | 7:55 PM IST