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Tuesday, 14 July 2020

Japanese firm to set up plant in Jhajjar

Jhajjar, July 13

Japanese company Tsuzuki has entered into an agreement with the Model Economic Township Limited (METL), a subsidiary of Reliance Industries Limited, to set up a manufacturing unit in Reliance MET, Jhajjar. The company will manufacture steering knuckle for the automobile industry.

Eiichi Oya, Managing Director, Tsuzuki, said the company would start manufacturing the parts for both domestic and export markets in the unit by 2021. "The MET has been recognised by the government of Japan as one of the 12 sites for development of the Japanese industrial township," said Oya.

"The investment by Tsuzuki India will improve trade relations between India and Japan. The development of MET will create job opportunities for the residents," said Shrivallabh Goyal, CEO, METL. — TNS

from The Tribune

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