Krypton Inds has set up subsidiary in China

Thebullishtrends: Announcement: Krypton Industries Ltd(CMP:Rs.25.25) has informed that the Company has set up a 100% owned first overseas subsidiary unit in China for manufacturing the same / similar products line as India, which is located at SUZHOU INDUSTRIAL PARK, about 80 km. from Shanghai and near the city of SUZHOU mainly for selling them in China, Korea, and other nearby International Markets. The commercial production of the unit will commence on and from July 16, 2008.