Incorporation of the Russian-Indian joint venture Massa Izolyator Mehru Pvt. Ltd.
On October 30, 2019, the Ministry of Corporate Affairs of India issued a Certificate of Incorporation in accordance with Indian law of the Russian-Indian joint venture Massa Izolyator Mehru Pvt. Ltd.
Joint Russian-Indian venture Massa Izolyator Mehru Pvt. Ltd. (MIM) was created by Izolyator and Mehru Electrical & Mechanical Engineers (P) Ltd. to organize production of high- voltage bushings with solid RIP insulation in India.
The agreement on the establishment of MIM was signed by the heads of participating enterprises at the Izolyator International Technical Conference in India in May 2019.