POSCO creates Indian subsidiary.

Publication: PTI - The Press Trust of India Ltd.

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COPYRIGHT 2005 Asia Pulse Pte Ltd

Bhubaneswar, Aug 31 (PTI) South Korean Steel Giant POSCO,

which has signed an agreement with the Orissa government to

set up a Rs 510 billion steel project at Paradip, has set up

its Indian subsidiary.

Incorporated as Posco-India Private Limited under the

Companies Act 1956 with the registrar of companies, Orissa,

the subsidiary has started functioning from its office here,

Posco sources said.

The office is presently functioning at the...

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