Galilei Holdings Co.Ltd.
Notice of Establishment of Indian Joint Venture | July 2026
Galilei Holdings will establish a joint venture in India, scheduled to start operations in September 2026. The capital is approximately 1,500 million yen, with investment ratios of 60% and 40%.
Key Figures
- Capital: 882 million rupees (approximately 1,500 million yen)
- Investment ratio: Galilei Holdings 60%, Ice Make Refrigeration Ltd 40%
- Scheduled establishment date: September 2026
AI要約
Overview of Joint Venture Establishment
Galilei Holdings will establish a joint venture in Gujarat, India, to manufacture and sell commercial freezers and refrigerators. The capital is 882 million yen (approximately 1,500 million yen), with the company holding 60% and Ice Make Refrigeration Ltd holding 40%. The establishment is scheduled for September 2026, aiming to build local production and sales infrastructure, expand market share in India, and enhance brand recognition.
Future Outlook and Impact on Business Performance
The impact of this project on our consolidated business performance is expected to be minimal, but in the medium to long term, it is anticipated to contribute to corporate value enhancement as part of the growth strategy for overseas businesses. Given the projected growth of the Indian market, we plan to expand sales through local business development.
Galilei Holdings Corporation
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