Toagosei Co (JP:4045) has released an update.
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Toagosei Co. has announced plans to establish a subsidiary in India, targeting growth in the IT and automotive sectors by leveraging India’s economic expansion and strategic procurement opportunities. The new subsidiary, Toagosei India Pvt. Ltd., will be based in Ahmedabad and is expected to be operational by March 2025. This move aims to enhance Toagosei’s market presence in India and neighboring regions, although its financial impact on the company is predicted to be minimal for the upcoming fiscal years.
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