3/20/2009

Leading Indian firm to invest in Turkey's central province

Haber Turk - A leading Indian company is planning to invest in the central Anatolian province of Sivas. India's leading ferroalloys manufacturer IMFA Group is getting prepared to make an investment in Sivas, a province home to rich underground reserves, a statement by the Chamber of Commerce and Industry of Sivas (TSO) said on Thursday. IMFA Group will cooperate with Turkey's Yazici Group during the investment process, the statement said. IMFA Group's Director-General Arvind Mishra paid a visit to TSO's headquarters as part of his research on the investment opportunities in Sivas and held talks with the TSO’s Chairperson Osman Yildirim on Thursday. During the visit, Yildirim said a vacant land will be allocated to the IMFA Group free-of-charge at the Organized Industrial Zone of Sivas and the company will later construct a factory on it.
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