TVS Supply Chain, Japan's Sankyu join hands to expand supply chain, engineering services; shares jump 8%

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TVS Supply Chain Solutions has signed a strategic MoU with Japan’s Sankyu Inc. to jointly pursue opportunities across supply chain and engineering services, initially focusing on India’s manufacturing and industrial sectors. Sankyu intends to acquire a 0.5% stake in TVS SCS, while the company’s shares rose 8.08% on Monday.