Business partnerships are in trend ! As its said two is better than one. On one hand where Honda and Yamaha declared an ally for two wheelers in Japan, soon after this two Japanese corporations, Suzuki and Toyota joint hands in a technological partnership.
Maruti Suzuki, doubts when it comes to competing with firms in advanced and futuristic technology, whereas, Toyota is aware of the fact that it may lag behind its competitors in North America and Europe .Moreover companies like Nissan gained a lifeline from Renault 17 years back and is flourishing even today.
The companies took significant initiative to strengthen environment, safety and information technology, with expectations of coping with their frailties together in India specifically. Although both the firms continues to work in there respective ways as before. In fact Toyota will be launching new cars under Daihatsu.
"Daihatsu, which is popular for its pocket friendly and compact vehicles is going to change the way Toyota works", says Executive Vice President of Toyota.
Many other companies may join together and benefits each other, as well as the Indian economy.
