 "aluminium")
Daiki Aluminium, a 100 per cent subsidiary of Daiki Aluminium Industry Co. Ltd., Japan, will invest Rs 250 crore in Sri City, a smart integrated business city near Chennai. The plant will be built on a 20-acre plot in the Domestic Tariff Zone (DTZ) and is expected to be commissioned by February 2020.
The plant will produce aluminium alloy ingots at an annual capacity of 84,000 tonnes. The products will be exported to ASEAN and Japan for the automobile sector. Daiki plans to capture the demand requirements of aluminium alloy in the country and expand the market sequentially. It will generate
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