Business Standard

Chile's Codelco plans India, SE Asia push to trim reliance on China

The firm will open a new office in Singapore to help lead the push around the region to deal with clients in Vietnam, Malaysia and Thailand, among others

Chile's Codelco plans India, SE Asia push to trim reliance on China

Reuters SANTIAGO

Chile state mining company Codelco, the world's largest copper producer, will seek to quadruple sales in Southeast Asia by 2023 and push further into the Indian market in an attempt to reduce a strong reliance on sales to China, the company told Reuters.

The firm will open a new office in Singapore to help lead the push around the region to deal with clients in Vietnam, Malaysia and Thailand, among others, it said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jul 21 2021 | 8:36 PM IST

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