A joint venture is formed between two or more parties to undertake economic activity together by contributing equity and sharing revenues, expenses, and control. Joint ventures allow parties to leverage their strengths while gaining access to new technologies, customers, and markets. They can help companies enter new countries at lower risk. However, joint ventures also face potential issues regarding transparency, conflict resolution, cultural differences, and what happens if partners change their strategies. Careful planning and flexible agreements are important for joint venture success.
3. INTRODUCTION June 6, 2009 PGP/FW/07-09 A joint venture is an entity formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and then they share in the revenues, expenses, and control of the enterprise
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9. Need for setting up a Joint Venture June 6, 2009 PGP/FW/07-09 INTERNAL REASONS COMPETITIVE GOALS STRATEGIC GOALS
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13. June 6, 2009 PGP/FW/07-09 Regulations governing JV in india SECTORS PERCENTAGES Mining (commercial) 51% Banking (Pvt), Airport (Existing) 74% Insurance 26% Telecommunication 49% Alcohol distillation and brewing, Floriculture, Horticulture , Animal Husbandry, Petroleum and Natural gas, Construction and Development, SEZ’s and Free Trade Warehousing Zones, Trading etc.. 100%
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