Japanese suppliers in India expand production facilities
New plants to be built by NTN, Nittan Valve and Denso
2012/03/21
- Summary
- New plants to be built by NTN for Toyota, by Nittan Valve for Honda and by Denso for Suzuki and Toyota
- Ahresty, Eagle Industry, Diamond Electric, Toyoda Gosei, and Bellsonica to increase production...
- Gunma Seiko and Nippon Steel grant technical license to Indian suppliers; Aisin Seiki and Denso builds new R&D and sales centers; and NHK Spring acquires business
Summary
This Report shows the recent actions and future plans of Japanese suppliers in India for about one and a half years by October 2011. While Suzuki and Toyota plan to increase production in India, it becomes imperative for the Japanese suppliers to build new production capacity, fortify production capabilities, and increase capitals in their local companies. Meanwhile, they are more inclined to localization of marketing and R&D in this emerging country.
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