When Sankar mentiond JV's he said India and middle east.
We know about India and the 15,000 cell towers and the auto company. I have been expecting the JV with the auto company for some time. I guess neither company has the resources to proceed. Maybe that will change in 6 monthe or so...
Middle East. I know of only one Middle East country it would be wise to do business in. The negotiations there could go on for years... Ofcourse Sanker appears to do well in negotiations or should I say Mr. Ralph Lean QC.
I know Isreal is persuing energy security and electric vehicles agressively.