CURRENT AFFAIRS

Detailed explanation-1: -Akihiro Nikkaky said, “Today is a historic day for Toray Industries (India). We acquired a large plot to build world class infrastructure to house several facilities on single location in the Integrated Industrial Township of Sri City in the Sunrise State of Andhra Pradesh.

Detailed explanation-2: -Tacoma, Washington Toray Composite Materials America, Inc. (CMA) supplies a diverse customer base both domestically and internationally and is a major exporter from Washington State.

Detailed explanation-3: -Sri City is home to over 200 companies from 28 countries including multinationals like Kellogg’s, Isuzu, Mondelez, Pepsi, Panasonic, Daikin, Kimberly Clark, Alstom, Kobelco, Foxconn, Danieli etc.

Detailed explanation-4: -Chennai Port on the eastern coastline of the sub-continent is 65 km from Sri City. Ennore Port, about 50 km south-east and Krishnapatnam Port, about 100 km north-east of Sri City.