M&M and its Chinese partner, the Jiangsu Yueda Yancheng Tractor Manufacturing Company is committed to dish out Rs. 188 crores. The JV is called Mahindra Yueda (Yanchang) Tractor Company (MYYTCL). The investment is aimed at setting up a R & D center, engine manufacturing plant. Alongside these setups, plans include modernising factories in Yancheng, China. The firm's equity is divided at 49%...