Japanese firm Daiki Aluminium is planning to construct a $30m aluminium alloy plant in the Indian state of Andhra Pradesh. Construction is slated to begin in February. The company said it would invest $200m (£150m) and employ about 1,000 people at its new plant. Finished product from the plant is expected to be sold to Japanese automakers as well as car manufacturers from the Association of Southeast Asian Nations (ASEAN).
Japanese firm Daiki Aluminium is planning to construct a $30m aluminium alloy plant in the Indian state of Andhra Pradesh. Construction is slated to begin in February. The plant will make use of raw material from the United States, Europe and the United Kingdom. Finished product from the plant is expected to be sold to Japanese automakers as well as car manufacturers from the Association of Southeast Asian Nations (ASEAN).