India Globalization Capital Inc, a company competing in the rapidly growing materials and infrastructure industry in India, announced that it has secured a USD 2.6 million contract to supply a Chinese company with iron ore. The order is for 40,000 tonnes of ore with a ferrous content of 62.5%.
Mr Ram Mukunda CEO of India Globalization Capital, Inc said "This order will be filled out of our shipping hub at the Krishnapatnam port in India.”
Source : Marketwire