Japan's Aichi Steel collaborates with Punjab firm; to boost India's crude steel capacity

摘要

Japanese steel manufacturer Aichi Steel has collaborated with Ludhiana-based Vardhman Special Steel, a partnership that is expected to give a fillip to foreign investment and boost the country's crude steel capacity. Aichi Steel an affiliate of Japan's Toyota Motor Corporation would introduce cutting edge technology in the state through Vardhman besides improving quality of its products, reducing operational cost and bring process efficiencies. This collaboration will add another chapter of confidence and trust in the Punjab (India) and Japan relations, the company said.