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June 3, 2008
    
Metal One Corporation India Pvt. Ltd.
- Domestic Sales, Import and Export Capabilities to Expand Value Chain -
 

Metal One Corporation (headquartered in Minato-ku, Tokyo; president: Moriji Kanada) established Metal One Corporation India Pvt. Ltd., which commenced operations on June 1, 2008, in New Delhi. Metal One holds a 100% equity share in the new company, and capitalization is 328.3 million Indian rupees.

Metal One Corporation India, headquartered in New Delhi, has branches in Mumbai, Chennai, and Kolkata and will focus on Value Chain Strategies as it seeks to expand business in the strategically important Indian region through the company's domestic sales and import/export capabilities.

To fulfill plans of further promoting Value Chain Strategies, the new company will demonstrate its capabilities while seeking to increase new business and build business models.

Outline of Metal One Corporation India Pvt. Ltd.
1. Name: Metal One Corporation India Pvt. Ltd.
2. Headquarters: Vijaya, 2nd floor, Rearwing, 17, Barakhamba Road, New Delhi, India
3. Capitalization: 328.3 million Indian rupees
4. Shareholder: Metal One Corporation (100%)
5. Representative: Managing director Takanori Higashino
   
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