CMR TOYOTSU ALUMINIUM INDIA PRIVATE LIMITED

Century Metal Recycling (CMR), the largest manufacturer of aluminium alloys in India, and Toyota Tsusho Corporation (TTC), a USD 80 billion turnover Japanese Corporate, engaged in multi faceted activities and having major global presence in aluminium alloy manufacturing, have signed a Joint Venture Agreement on 4th September, 2012 at Hotel Trident, Chennai. The two giants plan to set up a manufacturing plant of aluminium alloys for automotive parts at Chennai, Tamilnadu. Once this manufacturing facility is commissioned, the company plans to supply Aluminium Alloys in ingots and molten form to automobile majors and their tier I and tier II ancillaries in the region... Speaking on the occasion, Mr. G.S Agarwala, Chairman, Century Metal Recycling, said, "South India has big growth potential in automobile sector. Hence CMR considers South India to be an appropriate place for future business expansion. With a partner like Toyota Tsusho Corporation, I am sure that the Joint Venture company..

Also known as: cmr-toyotsu