Larox will establish a subsidiary in India with the aim of increasing the company’s market share in the growing Indian market. The new subsidiary will be responsible both for Larox’s aftermarket services and filter sales development. India is a very important market for Larox. With the growth of the mining, metallurgy and chemical process industries, there is a constantly growing demand for filtration equipment and services. In addition, India faces major challenges in energy efficiency, and this drives demand for more efficient filtration technology. Larox’s subsidiary in India will be located in Bangalore and it is expected to be fully operational during the 2nd quarter of 2010 at the latest.
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