Project 1 BS

NAME :- ANKIT JHA
CLASS :- 11-C
ROLL NO. :- 13
SUBJECT : BUSINESS STUDIES
PROJECT-1
Topic:- Make a list of

Indian companies entering
into joint ventures with
foreign companies. Find out
the apparent benefits
derived out of such ventures.
Index
1. What is joint venture company?
2. Characteristics of a Joint Venture Company in
India.
3. List of Joint Venture Companies (JVC) in India.
4. Benefits derived from such Joint Ventures
Companies.
What Is joInt venture
company?
 A joint venture company is a business contract in which
both sides of the company agree to contribute equity to
developing a new entity and new investments for a
specific time. Both companies have authority over the
company and thus share earnings, expenditure, and
resources.
 And where both the company's goal is to complete an

activity, task, or business growth, and once that task is
completed, the commercial venture could close the deal or
any form of a contract signed between both companies. In
other words, a joint venture is just like any other business
like companies or partnerships. The difference between it
is that the two different persons or parties only own joint
ventures.
 It is just like a company's contract in which both partners

agree to share a profit in a specific ratio of their
ownership. Both persons or you can say partners in the
business are also known as co-ventures. Joint
ventures also create synergies and give the companies
cost and benefits. It can be formed because of different
reasons to enter a new market or to enter a new business
line altogether.
characterIstIcs of a joInt
venture company In IndIa
 The mutual decision:
A contract is signed when two or more companies team up and
start a business together, describe the organisation’s aims, and
objectives, and agree to be bound by it in all circumstances.
 Collaboration through joint ventures:
The characteristics of businesses engaged in a joint venture
may differ. They facilitate cooperation for better results. Both
companies profit from the joint venture by utilising one of their
speciality in.
 Shared expert knowledge:
In Joint ventures, businesses also share data such as new
tech, investment, resources and expertise.
 The joint venture is short-term:
Joint ventures have a short term. Two companies come
together for a specific reason. Still, once that aim is completed,
the companies can quit or enter into an extended partnership
when both companies cooperate.
 No specific name is required:
Because of the joint venture, there is no need to give the
company a unique or different name. Both companies could
use their existing brand or any name if they form a joint
venture.
 Financial risk:
If you start a joint venture business you would like to enter a
new market, which increases the challenges & risks as well. By
entering into joint ventures, you can effectively boost
profitability, and thus lower the risk of failure. in addition to profit
and loss, processes, and other administrative duties.
LIst of joInt venture
companIes (jvc) In IndIa.
1. Bharti-AXA General Insurance Co Ltd
2. Tata Starbucks
3. Fratelli Wines
4. AirAsia India
5. Mahindra-Renault Ltd
Bharti-AXA General
Insurance Co Ltd
Bharti AXA General Insurance Co Ltd is a JV between
India’s leading business group
Bharti Enterprises and an
insurance major from France,
AXA.
This leading insurer in India's
initial operations. The
company is licensed by (IRDAI) the Insurance
Regulatory and Development Authority of India.
Bharti AXA offers a comprehensive range of insurance

products ranging from vehicle, health, travel, home and
education, among others. Bharti-AXA General Insurance is
among the pioneers of JV in India’s insurance sector
Tata Starbucks
Tata Starbucks
Private Limited,
formerly known as
Tata Starbucks
Limited, is a 50:50
joint venture
company, owned
by Tata Consumer Products and Starbucks
Corporation, that owns and manages Starbucks
outlets in India. The outlets are branded
Starbucks "A Tata Alliance". India.
Fratelli Wines
Fratelli Wines is an Indo-Italian
joint venture between Italy’s
Secci brothers, Alessio and
Andrea, the New Delhi-based Sekhri
brothers, Kapil and Gaurav, and Mohite-
Patil Ranjitsinh and Arjunsinh from
Solapur Maharashtra.
AirAsia India
AirAsia India is a joint venture between

Malaysia-based
AirAsia Berhad and
Tata Sons. The airline
ranks as the fourth
largest Low-Cost Carrier (LCC) in India.
AirAsia India is also the second JV in the
airline industry of Tata Sons.
Mahindra-Renault Ltd
A Joint venture between

Mahindra-Renault, brings
together India’s largest
automobile manufacturer
Mahindra & Mahindra and world-renowned
vehicle maker, Renault SA of France. This
joint venture has launched several cars
together.
BenefIts derIved from such joInt
ventures companIes.
Shared Expertise: Companies can pool their

technical and operational knowledge to improve
product quality and efficiency.
Risk Mitigation: Sharing costs and risks can help
both parties navigate uncertainties and
challenges more effectively.
Access to New Markets: Joint ventures often
provide access to previously untapped markets
through the partner's existing distribution
networks.
Technology Transfer: Companies can share
advanced technologies, leading to faster
innovation and development.
Economies of Scale: By sharing resources like
manufacturing facilities, companies can achieve
cost savings through economies of scale.
Diversification: Joint ventures can help diversify
business portfolios and reduce dependence on a
single market or product.
Brand Synergy: Partnerships can enhance brand
visibility and recognition by leveraging each
other's strengths.
Cultural Exchange: International joint ventures
foster cross-cultural collaboration and
understanding.
Thank you

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NAME :- ANKIT JHA

Topic:- Make a list of

 And where both the company's goal is to complete an

 It is just like a company's contract in which both partners

Bharti AXA offers a comprehensive range of insurance

AirAsia India is a joint venture between

A Joint venture between

Shared Expertise: Companies can pool their

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