Business · 11 Nov
IMOP opens second manufacturing facility at Sri City
AI summaryJapan-based India Metal One Steel Plate Processing Private Limited (IMOP) opened its second manufacturing facility in Sri City, Tirupati district, with an investment of ₹108 crore. The expansion is expected to increase annual production capacity by 25 percent and create 200 additional jobs. Sri City managing director Ravindra Sannareddy and IMOP managing director Taizo Iwami both commented on the expansion's benefits for local development and investor confidence.
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