This Agreement is made the … day of ……………. 2000, between M/s. ABC & Co. Ltd., a company Incorporated in India and having its business address at ……………………… (hereinafter called ‘the Local Company’ of the One Part And M/s. XYZ and Co. Ltd., a company Incorporated in .………………… and having its registered office at ………………………………….. (hereinafter called the Foreign Company’) of the Other Part.
Whereas the Local Company is carrying on the business. inter alia of manufacturing … for export.
And Whereas the foreign company Is carrying on the business inter alia in the manufacture of .…………………….
And Whereas the parties hereto have, after several consultations with each other shown the intention to co-operate with each other and enter into a joint venture relationship for the manufacture of … (hereinafter referred to as ‘the Product’) for the consideration and upon the terms and conditions herein contained….
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