Common Contracts
2 similar Joint Manufacturing Agreement contracts
October 16, 1954 THE ECONOMIC WEEKLYJoint Manufacturing Agreement • March 6th, 2009
Bangalore and Murph y Radios of India have jointly entered into an agreement wit h a well known British manufacturer for a project for the manufacture of component part s to eater to the requirements of all the radio manufacturers in the country. As production is expected ''to com• mence some time i n 1955, it wil l not immediately bring down the cost of radios. Moreover, the manufacture of component parts is a highly skilled process and can progress only in stages, starting from the fabrication of imported components. The raw materials that are required for it are of such rigid specifications that they will still have to be imported.
October 16, 1954 THE ECONOMIC WEEKLYJoint Manufacturing Agreement • March 6th, 2009
Bangalore and Murph y Radios of India have jointly entered into an agreement wit h a well known British manufacturer for a project for the manufacture of component part s to eater to the requirements of all the radio manufacturers in the country. As production is expected ''to com- mence some time i n 1955, it wil l not immediately bring down the cost of radios. Moreover, the manufacture of component parts is a highly skilled process and can progress only in stages, starting from the fabrication of imported components. The raw materials that are required for it are of such rigid specifications that they will still have to be imported.
