PADECO Co., Ltd. announces the establishment of a new subsidiary in Mumbai, India. The incorporation of the subsidiary is a major milestone for PADECO operations in India, where PADECO will continue to support the flourishing demand growth of both hard and soft infrastructure in India.
The details of the subsidiary are as below: 
Name: PADECO INDIA Pvt. Ltd. 
Chief Executive Officer: Milan Dave 
Description of Business: Development Consulting Service
Capital: INR 2,500,000
Date of Establishment: February 3, 2016