Oct 27 (Reuters) - Futaba Industrial Co Ltd 7241.T :
* Says it to set up an auto parts manufacturing company in
India, with another investor, in Jan. 2017
* Says the new company with tentative name of Futaba
Industrial Gujarat Private Limited and to be capitalized at 1
billion rupee or about 1.55 billion yen
Source text in Japanese: https://goo.gl/UR5Tef
Further company Coverage: 7241.T
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