Trafigura plans to set up $25 million copper wire rod manufacturing facility in IndiaThe company says the subsidiary was set up with an objective to understand and address challenges in India’s commodity and metals industry.
Trafigura launches online refined metal retail store LYKOSCurrently, the primary metal commodities market in India is worth USD 8.4 billion, and is projected to grow at 5-8 per cent year on year.
Commodity company Trafigura to invest up Rs 1,800 crore in LykosThe money will be used to set up warehouses, online trading platform, and to source metal from the producers.