Mitsui’s commitment to Indian steel industry is evident in its investment of 20% equity in Indian Steel Corporation Ltd., a Joint Venture with Indore based Ruchi Group. ISC is in the process of expanding its capacity to 600,000 TPA by the end of 2010 for manufacturing of Cold Rolled Steel Sheets, Galvanized Steel Sheets, Color Coated Steel Sheets, and Alluzink Steel Sheets at Kandla, Gujarat.
By joining hands with local partners, Mitsui endeavors to further understand the customer’s need and provide value added services to the rapidly growing Indian steel industry. |