Why One Materials Production Firm Is Buying Land in India

Companies across industries are exploring growth opportunities via international expansion, and materials-focused businesses prove to be no exception. Case in point: Toray Industries Inc. — a key materials production company servicing the footwear industry — said it acquired a business plot in India’s smart Sri City, located in the state of Andhra Pradesh. The space will serve as a new base for the firm’s local subsidiary, Toray Industries (India) Private Ltd. The size of the...

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