Kobelco unveils manufacturing unit near Chennai
Posted on: 15/Apr/2011 6:30:43 AM
Kobelco Construction Machinery Co., Ltd., a group company of Kobe Steel, Ltd., inaugurated its first manufacturing plant in India to manufacture Hydraulic Excavators, enabling Kobelco to make a full-scale entry into India’s rapidly growing Construction Equipment Market.
This plant will be the first manufacturing facility of the Kobe Steel Group in India. The new plant is located in Sri City, about 55 kilometers north of Chennai. This modern facility is constructed on 68,000 Sq. mts. of land, and will have Assembly, Painting and Shipping lines.
The plant will be a part of the existing Kobelco Construction Equipment India Pvt. Ltd. (KCEI) which currently markets & services KOBELCO brand Excavators from its Head Quarters at Noida (near Delhi). With this state-of-the-art plant, KCEI will become a full-line company covering Manufacturing, Marketing and After Sales services. KCEI is a joint venture between Kobelco Construction Machinery and the ITOCHU Group. Kobelco will hold 95% equity share of KCEI.
With an initial capacity of 1,200 units per year, the plant will initially produce 20-tonne class machines, for which the demand is the highest in India. Flexible plant equipment will enable KCEI to also make large machines, to meet future growth in demand.
The plant was inaugurated by Mr.ShigetoKotani, President, Kobelco Construction Machinery, Japan in the presence of Mr. Sam Bob, Industries Secretary, Govt. of Andhra Pradesh. Many officials of the Andhra Pradesh Government, representatives of Kobelco Group Companies worldwide also graced the occasion.
