🏨Sumitomo Corporation becomes first Japanese company to enter condominium development/sales business in India.
Sumitomo Corporation (Head Office: Chuo-ku, Tokyo; Representative Director, President and Chief Executive Officer: Kuniharu Nakamura) has partnered with the Krishna Group (Location: Haryana State, India; Representative: Ashok Kapur; hereinafter, “Krishna Group”) to establish the Indian business company Krisumi Corporation Private Limited (hereinafter, “Krisumi”) and join in the Krisumi City Project (hereinafter, “the Project”), a condominium development project being pursued by the Krishna Group in the northern Indian city of Gurugram in Haryana State.