Yizumi to open India assembly plant

摘要

GUANGDONG Yizumi Precision Machinery Co. Ltd., one of the largest Chinese injection molding machine makers, is officially moving ahead with direct investment in India for a production plant to assemble injection presses. The move is in response to India's continued antidumping duties on Chinese injection molding machines. The company first floated the idea of opening a factory in India in 2013 but was holding off to see if the Indian government would renew the tariffs.