Italian mold maker Roto Moulds srl and M. Plast (India) Ltd. have signed a technology transfer agreement to boost the Indian firm's capabilities and use it as a base to tap into new markets like the Middle East and Africa. The two companies, both relatively small mold making shops focused on the rotomolding industry, made the announcement at a January 30 conference in New Delhi and said their partnership could be expanded into a formal equity joint venture if business goes well.
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