India, January 10, 2017, ZTT Group - leading global manufacturer of cable systems, held the commencement ceremony of phase II project at ZTT India Private Limited (hereinafter referred to as “ZTT INDIA”) which is located in Andhra Pradesh, South India. Minister of Ministry of Andhra Pradesh (province level) environment, forests and technology Bojjala Gopalakrishna Reddy, Chairman of Sri City Industrial Park Ravindra Sannareddy, member of the legislative assembly of Satyavedu (county level) Talari Adithyay and other around 20 representatives of well-known enterprises in the park were invited to attend the ceremony, and together they witnessed the moment which is seen as a milestone.
Mr. Bojjala Gopalakrishna Reddy made a speech, and fully affirmed the gratifying achievements that ZTT INDIA made after settling in this country. Meanwhile, he expressed his encourage to ZTT INDIA, wished ZTT a bright future to invest more projects in India and become a model for Chinese enterprises in Andhra Pradesh, South India. Ravindra Sannareddy congratulated the commencement ceremony on behalf of the park, and said the park would continuously support ZTT INDIA.
Mr. Chen Zhaofeng, General Manager of ZTT INDIA, offered sarees to Mr. Bojjala Gopalakrishna Reddy, and made a speech. He focused on the development of science and technology in the global layout and the importance of investment in India.
ZTT INDIA, which was ZTT’s first wholly foreign-owned plant, was established in 2012, and mainly engaged in manufacturing and selling OPGW. After nearly 5 years of leapfrog development, in recent three years, ZTT INDIA has supplied about 10,000km only in Indian market, and gradually occupied a higher market share in India.