Industrial Nanotech appoints Angstrom Technology as distributor for India

Industrial Nanotech, Inc. has announced that it has entered into an agreement with Angstrom Technology Private Limited to serve as the company’s exclusive distributor in India. The distributor is a unit of A.L. Batra Group of Industries, which has 20 locations throughout India and generated sales of USD 106 million in 2008. "We are very pleased to have found such an excellent representative for our patented line of energy saving protective coatings in India," stated Francesca Crolley, V.P. of Business Development for Industrial Nanotech, Inc. "India is a burgeoning market and one in which we wanted to find a representative with a very strong presence and the ability to promote the coatings in multiple markets at once," he continued. The Indian economy is the second fastest growing economy in the world today, with a growth rate of 7-8 %, behind only China.