Bharat Rasayan Limited has announced executed a joint Venture (JV) agreement on Feb 18th 2020, with Nissan Chemical Corporation (NCC), a company incorporated in Japan, and with Nissan Bharat Rasayan Private Limited, a company incorporated in India (JV) Company. This joint venture will operate through a company named "Nissan Bharat Rasayan Private Limited, a company incorporated in India. The Joint Venture is expected to bring benefits to both the JV Partners. i.e Bharat Rasayan Limited and Nissan Chemical Corporation. The joint venture has decided to construct new manufacturing factory in India various technical products.