rtokens: The move marks a further move by Pirelli 's cables division to expand in the fast-growing Far Eastern developing markets with the group already present in Indonesia , India and Malaysia .
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tokens: The partners will invest around $ 30 million in the existing copper cable plant at Wuxi to update technology and include optic fibre production , with annual turnover expected to reach $ 60 million within the next few years .
ltokens: Pirelli is linking with Hong Kong-based group CITIC Pacific in a venture to be called the Wuxi Tong Ling Company Ltd , which will operate in partnership with a local industrial company at its existing factory in Wuxi , Jiangsu province , Shanghai .