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News

CNBM India Office in Operation

Time: 2010-07-31

The office building CNBM India Private Limited was put into operation on July 25, 2010, which marks the full implementation of localized business operation of CNBM International in India market.

CNBM India Private Limited, exercising rights of independent legal person, is another fully owned overseas subsidiary of CNBM International. Taking full use of the bank line of credit granted to CNBM International, CNBM India Private Limited can independently gain finance from banks and meanwhile with the export insurance quota of Sinosure, it controls the risk at possible lowest level. Several months’ operation has witnessed its marvel results. The preparation of establishing CNBM India Private Limited started in Sep, 2008 and after one-year efforts we have got the official business license in May, 2010. The new office building will not only provide a good base for CNBM India Private Limited's business in India but also will create a advantageous environment for the localization of CNBM International.

As the world's second most populous country and one of the Four Great Ancient Civilizations, India embraces the enormous market potential and strong cultural influence in the region around. The localized operation of CNBM India Private Limited will expand our business scale and sphere extensively and help us further penetrate into the market in South Asia, West Asia and North Africa. It will collaborate with CNBM International's subsidiary in UAE and headquarter in China to form a strategic triangle in Asia's building material market.