27 Oct 2025

"Daiichi Jitsugyo and Nittoku Singapore to Establish Joint Venture in India by March 2026"

"Daiichi Jitsugyo Co. Ltd. plans to establish a joint venture with Nittoku Singapore Pte. Ltd. in Gurugram, India, in March 2026. The venture will focus on providing after-sales services for winding machines and related equipment. KNM & Partners is advising on the transaction, which is part of a broader strategic partnership between the two companies."

**Law Firms Involved in the Transaction:** KNM & Partners advised Daiichi Jitsugyo Co. Ltd. on its proposed joint venture with Nittoku Singapore Pte. Ltd., a subsidiary of Nittoku Corporation. **Transaction Overview:** Daiichi Jitsugyo has proposed to establish a joint venture in Gurugram, India, scheduled for March 2026. The joint venture will focus on providing after-sales services for winding machines and related peripheral equipment. This initiative is part of a broader global strategic partnership between Daiichi Jitsugyo and Nittoku. **Legal Team:** The transaction was led by Senior Partners Mukesh Kumar and Mukesh Singhal, with support from Associate Partners Ashis Goel and Akriti Yadav.
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