Japan-based Daiki Aluminium Industry Co. Ltd., through its Indian subsidiary, will be setting up an aluminium alloy plant at Sri City in Andhra Pradesh. Daiki Aluminium Industry India Pvt. Daiki plans to capture the demand requirements of aluminium alloy in the country and expand the market in stages. On Wednesday, Takaaki Yamamoto, president, Daiki Aluminium Industry, took part in the foundation laying ceremony. Established in 1922, Daiki Aluminium Industry, based in Osaka, Japan, manufactures and markets aluminium alloy products throughout the world.

Source: The Hindu March 21, 2019 16:41 UTC