IMOP opens second manufacturing facility at Sri City

AI Summary

IMOP has opened a second manufacturing facility at Sri City, with the Japanese steel-processing joint venture expecting to raise annual capacity by 25%, from 48,000 to 60,000 metric tonnes. The expansion is also expected to create 200 jobs.

The new facility of the Japanese steel processing joint-venture company is expected to increase its annual production capacity by 25 per cent — from 48,000 MT to 60,000 MT — and to create 200 additional jobs