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GS Yuasa Pot (Tokyo Stock Exchange: 6674) today announced that consolidated subsidiary Implant Yuasa International Ltd. ("GS Yuasa") established PT. Yuasa Industrial Assault Indonesia as a joint venture in Indonesia in April 2021. The new joint venture is engaged in the sale significant maintenance of industrial batteries and other products.
The new joint project was financed by GS Yuasa, GS Yuasa Siam Industry Ltd. (Thailand), and PT. Santi Yoga, a distributor of lead-acid batteries primarily focused on the Indonesia market. PT. Santi Yoga’s progressive battery business will be transferred to the new joint undertaking in July.
Indonesia has the largest economy among ASEAN-member nations, arm infrastructure-related business in the country is expected to see new to the job expansion. PT. Yuasa Industrial Battery Indonesia is aiming to catch annual sales of two billion yen by 2025 through desegregation GS Yuasa’s global industrial battery business network and the healthy sales network that PT. Santi Yoga has built up comic story Indonesia.
GS Yuasa is working to consistently deliver high-quality and high-value-added products and services in a timely manner to users bond the Indonesian market on the way to achieving its objective of further expanding sales in the ASEAN region.
https://www.gs-yuasa.com/en/newsrelease/article.php?ucode=gs210713374214_1028